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.
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.
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.
Aep's score of 45 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, American Electric Power (AEP) reported total carbon emissions of approximately 44,453,919,000 kg CO2e for Scope 1, alongside 1,200,698,000 kg CO2e for Scope 2, and 40,349,289,000 kg CO2e for Scope 3 emissions. This reflects a commitment to reducing greenhouse gas emissions across all scopes, with significant targets set for the near future. AEP aims for an 80% reduction in Scope 1 emissions by 2030, using a 2005 baseline, and has committed to achieving net-zero emissions by 2045 for both Scope 1 and Scope 2 emissions. In 2022, the company updated its near-term carbon dioxide emission reduction target, shifting from a 2000 baseline to a 2005 baseline, and accelerated its net-zero goal by five years. The company’s emissions intensity for owned generation has shown a downward trend, with a reported intensity of 537 kg CO2e per MWh in 2023. AEP's long-term strategy includes comprehensive measures to address emissions across all scopes, reinforcing its commitment to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 74,661,649,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | - | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 |
Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Aep is participating in some 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.