AEP Retail Energy Partners, a subsidiary of American Electric Power, is a prominent player in the energy sector, headquartered in the United States. Established in 2000, the company has made significant strides in providing innovative energy solutions across various regions, including Texas and Ohio. Specialising in retail electricity and renewable energy options, AEP Retail Energy Partners distinguishes itself through its commitment to customer service and sustainable practices. The company offers a range of products, including fixed-rate plans and green energy solutions, catering to both residential and commercial clients. With a strong market presence, AEP Retail Energy Partners has garnered recognition for its reliability and competitive pricing, solidifying its position as a trusted energy provider in the industry.
How does AEP Retail Energy Partners'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 Machinery and Equipment 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 Retail Energy Partners's score of 13 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
AEP Retail Energy Partners, headquartered in the US, has made significant strides in addressing its carbon emissions over the years. In 2022, the company reported Scope 1 emissions of approximately 52,500,000,000 kg CO2e. This figure reflects a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Looking back, AEP's total emissions have decreased from about 152,309,537,000 kg CO2e in 2005 to approximately 104,961,742,000 kg CO2e in 2015, and further down to about 94,995,282,000 kg CO2e in 2016. The company has shown a consistent trend of reducing its emissions, particularly in Scope 1, which includes direct emissions from owned or controlled sources. In 2018, AEP reported Scope 1 emissions of about 74,661,649,000 kg CO2e, alongside Scope 2 emissions of approximately 310,447,000 kg CO2e and Scope 3 emissions of about 225,741,000 kg CO2e. By 2020, these figures had further improved, with Scope 1 emissions at approximately 48,807,820,000 kg CO2e, Scope 2 at about 194,305,000 kg CO2e, and Scope 3 at around 141,581,000 kg CO2e. Despite the absence of specific reduction targets or climate pledges, AEP's ongoing efforts to lower its emissions demonstrate a commitment to sustainability and climate responsibility within the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2022 | |
---|---|---|---|---|
Scope 1 | 74,661,649,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 310,447,000 | 000,000,000 | 000,000,000 | - |
Scope 3 | 225,741,000 | 000,000,000 | 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 Retail Energy Partners is not committed to any reduction initiatives 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.