The AES Corporation
The AES Corporation, commonly referred to as AES, is a leading global energy company headquartered in Arlington, Virginia, with significant operations across North America, South America, Europe, and Asia. Founded in 1981, AES has established itself as a pioneer in the energy sector, focusing on the development and operation of sustainable energy solutions. Specialising in renewable energy, including wind, solar, and energy storage, AES is committed to delivering innovative and reliable power solutions. The company’s unique approach integrates advanced technology and sustainable practices, positioning it as a key player in the transition to cleaner energy sources. With a strong market presence and a commitment to sustainability, AES has achieved numerous accolades, including recognition for its efforts in reducing carbon emissions and enhancing energy efficiency. As a trusted partner in the energy industry, AES continues to lead the way in shaping a sustainable energy future.
DitchCarbon Score
How does The AES Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
The AES Corporation's score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The AES Corporation's reported carbon emissions
In 2023, The AES Corporation reported significant carbon emissions, totalling approximately 17,321,741,000 kg CO2e for Scope 1, 8,474,678,000 kg CO2e for Scope 2, and 13,053,000 kg CO2e for Scope 3. This data reflects a commitment to transparency and accountability in their climate impact. Comparatively, in 2022, the emissions were approximately 17,880,887,000 kg CO2e for Scope 1, 8,895,091,000 kg CO2e for Scope 2, and 17,353,000 kg CO2e for Scope 3. The trend shows a reduction in Scope 1 emissions from 21,292,756,000 kg CO2e in 2021 and 21,646,130,000 kg CO2e in 2020, indicating a proactive approach to decreasing their carbon footprint. The AES Corporation has set ambitious climate commitments, aiming for carbon neutrality by 2050 across both Scope 1 and Scope 2 emissions. Additionally, they plan to reduce coal generation by 78% by 2025, which is a significant near-term target. They also aim to halve the carbon intensity of their portfolio by 2025, demonstrating a clear strategy for reducing emissions intensity. This emissions data is cascaded from AES Andes S.A., a current subsidiary of The AES Corporation, ensuring that the reported figures align with the broader corporate sustainability goals. The commitment to net-zero emissions and substantial reductions in coal generation underscores The AES Corporation's dedication to addressing climate change and transitioning to a more sustainable energy future.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 21,646,130,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 13,293,393,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 24,774,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
The AES Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
