AEP Energy, Inc., a prominent player in the energy sector, is headquartered in the United States and operates extensively across various regions. Founded in 2000, the company has established itself as a leader in providing innovative energy solutions, focusing on electricity supply and renewable energy options. AEP Energy offers a range of services, including competitive electricity pricing and green energy products, setting itself apart with a commitment to sustainability and customer-centric solutions. With a strong market position, the company has achieved significant milestones, including recognition for its efforts in promoting clean energy initiatives. As a trusted energy provider, AEP Energy continues to enhance its offerings, ensuring that customers benefit from reliable and environmentally responsible energy solutions.
How does AEP Energy, Inc.'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 Transmission 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 Energy, Inc.'s score of 52 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
AEP Energy, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of American Electric Power Company, Inc., which has cascading emissions data and climate commitments. While AEP Energy, Inc. does not have its own reduction targets or specific climate pledges, it is influenced by the sustainability initiatives of its parent company. American Electric Power Company, Inc. has set ambitious goals to reduce its carbon footprint, which may indirectly impact AEP Energy's operational strategies. As a subsidiary, AEP Energy is expected to align with the broader climate commitments of its parent organisation, which include industry-standard practices for emissions reduction and sustainability. However, without specific data or targets from AEP Energy, the details of its individual climate commitments remain vague.
Access structured emissions data, company-specific emission factors, and source documents
| 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 | - |
AEP Energy, Inc.'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.
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 Energy, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.