Aep
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 60 is higher than 96% 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 significant carbon emissions, with Scope 1 emissions totalling approximately 46,900,437,000 kg CO2e and Scope 2 emissions at about 1,081,558,000 kg CO2e. This follows a similar trend in 2023, where Scope 1 emissions were around 43,351,137,000 kg CO2e, and Scope 2 emissions reached approximately 1,204,324,000 kg CO2e. AEP has also disclosed Scope 3 emissions for 2023, amounting to about 40,349,289,000 kg CO2e. AEP has set ambitious climate commitments, aiming for an 80% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using a 2005 baseline. This target reflects a strategic shift from a previous 2000 baseline. The company aspires to achieve net-zero emissions across all scopes by 2045. As of 2024, AEP has already reduced its Scope 1 emissions by approximately 64% since 2005. These commitments align with industry standards and demonstrate AEP's proactive approach to addressing climate change and reducing its carbon footprint.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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 | 00,000,000,000 |
| Scope 2 | - | - | - | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - |
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.
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.
