Aep Sustainability Profile
American Electric Power (AEP), headquartered in the United States, is a leading player in the energy sector, primarily focused on electric utility services. Founded in 1906, AEP has grown to serve millions of customers across 11 states, including major operational regions in the Midwest and the South. The company is renowned for its commitment to providing reliable electricity and innovative energy solutions, including renewable energy initiatives and advanced grid technologies. AEP's core services encompass generation, transmission, and distribution of electricity, setting it apart with a strong emphasis on sustainability and customer engagement. With a robust market position, AEP has achieved significant milestones, including substantial investments in clean energy projects, positioning itself as a frontrunner in the transition to a more sustainable energy future.
DitchCarbon Score
How does Aep'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
Aep's score of 71 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aep's reported carbon emissions
In 2024, American Electric Power (AEP) reported total carbon emissions of approximately 46,898,809,000 kg CO2e for Scope 1 and about 1,081,558,000 kg CO2e for Scope 2 (market-based). In 2023, AEP's emissions were approximately 43,351,137,000 kg CO2e for Scope 1, with Scope 2 emissions at about 1,204,324,000 kg CO2e (market-based) and 40,349,289,000 kg CO2e for Scope 3. The company has set ambitious targets to reduce its carbon emissions, aiming for an 80% reduction in Scope 1 emissions by 2030 compared to 2000 levels and achieving net-zero emissions by 2050 for both Scope 1 and Scope 2 emissions. AEP has made significant progress towards these goals, having already reduced its carbon footprint by approximately 74% from 2000 levels by 2021. The company plans to further reduce its coal capacity by about 5,574 MW from 2021 through 2030, which is expected to contribute to its overall emissions reduction strategy. AEP's commitment to sustainability is reflected in its long-term vision of transitioning to a majority renewable energy portfolio by 2030, with net-zero aspirations for Scope 1 and 2 emissions by 2045. The emissions data and reduction targets are sourced directly from AEP, with no cascading from a parent organization.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 78,760,420,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 8,271,179,000 | - | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 5,840,762,000 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - |
How Carbon Intensive is Aep's Industry?
How Carbon Intensive is Aep's Location?
Aep's Scope 3 Categories Breakdown
Aep's Scope 3 emissions, which decreased by 3% last year and increased by approximately 591% since 2017, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 48% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 94% of Scope 3 emissions.
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Aep's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aep has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
