Aep

AEP's climate commitments and emissions. In 2024, AEP's reported emissions totalled approximately 84.3 billion kg CO2e. This includes Scope 1 emissions of approximately 46.9 billion kg CO2e, market-based Scope 2 emissions of about 1.08 billion kg CO2e, and Scope 3 emissions of approximately 37.8 billion kg CO2e.

Looking back, in 2023, AEP reported total emissions of approximately 84.9 billion kg CO2e, with Scope 1 emissions at around 43.4 billion kg CO2e, market-based Scope 2 emissions at about 1.2 billion kg CO2e, and Scope 3 emissions at approximately 40.3 billion kg CO2e. For 2022, the company's total emissions were approximately 93.3 billion kg CO2e, comprising Scope 1 emissions of around 51.2 billion kg CO2e, market-based Scope 2 emissions of about 0.35 billion kg CO2e, and Scope 3 emissions of approximately 41.8 billion kg CO2e.

AEP has set ambitious climate commitments. The company aims to reduce its Scope 1 GHG emissions by 80% by 2030, compared to a 2005 baseline. Additionally, AEP is committed to achieving net-zero Scope 1 and 2 emissions by 2045. Furthermore, the company targets a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, using a 2020 baseline. AEP also aims to reduce its Scope 2 emissions to near zero by 2025. These targets are detailed in various company reports, including their 2025 AEP Sustainability Report and 2024 AEP-GRI and SASB Report.