Public Profile

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.

63

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.

25

Industry Benchmark

Aep's score of 63 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

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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 reflects a continued commitment to reducing their carbon footprint, following a trend observed in previous years. For instance, in 2023, AEP's Scope 1 emissions were approximately 43,351,137,000 kg CO2e, while Scope 2 emissions were around 1,204,324,000 kg CO2e. AEP has set ambitious carbon reduction targets, 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. This commitment was reaffirmed in 2021 and has been adjusted to include a new baseline year of 2005 for their near-term goals. Additionally, AEP plans to reduce its coal capacity significantly, targeting a reduction of approximately 5,574 MW by 2030, which is expected to contribute to a 74% decrease in coal generation capacity. The company has already made notable progress, having reduced its greenhouse gas emissions by about 74% from 2000 levels since 2011. AEP's long-term vision includes transitioning to a majority renewable energy portfolio by 2030, further underscoring its commitment to sustainable energy practices.

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2018201920202021202220232024
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
20,000,000,000
-
-
000,000,000
000,000,000
0,000,000,000
0,000,000,000
Scope 3
100,000,000,000
-
-
00,000,000,000
00,000,000,000
00,000,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Aep's primary industry is Electricity nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Aep is in US, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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