The AES Corporation, commonly referred to as AES, is a leading provider of transmission services for electricity, headquartered in the United States. Founded in 1981, AES has established a significant presence in various regions, including Latin America, Asia, and the Caribbean, focusing on delivering reliable and sustainable energy solutions.
Specialising in the generation and distribution of electricity, AES is recognised for its innovative approach to energy management and commitment to renewable resources. The company has achieved notable milestones, including the development of advanced energy storage technologies and a strong portfolio of renewable energy projects.
With a market position bolstered by its dedication to sustainability and operational excellence, AES continues to be a key player in the global energy sector, driving the transition towards cleaner energy solutions while ensuring the reliability of electricity transmission.
+27 vs industry average
Aes’s score of 52 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity Transmission is among the most carbon-intensive industries
Industry performance
The Electricity Transmission industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Aes's reported carbon emissions
AES, a US-based company in the transmission services of electricity industry, reported a total of approximately 30.08 billion kg CO2e emissions in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
In 2023, AES's total emissions were approximately 36.32 billion kg CO2e. The preceding year, 2022, saw total emissions of about 43.53 billion kg CO2e. Prior to that, in 2021, the company's emissions totalled approximately 44.23 billion kg CO2e.
AES has established several climate commitments. The company aims for net-zero carbon emissions from electricity sales by 2040 and has an intention to have zero coal in its portfolio by 2025. Furthermore, AES is committed to reducing its absolute Scope 1 and Scope 2 emissions by 30% from 2020 levels by 2030. Another near-term target is to reduce scope 1 and 2 greenhouse gas emissions by 18% tCO2e per MWh generated by 2030, compared to 2020 levels. AES also has a long-term aim to be carbon neutral by 2050.
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Aes’s Climate Goals (2030 & 2050)
14 goals2030
30% reduction in Scope 1
We are committed to reducing our absolute Scope 1 emissions by 30% from 2020 levels by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Aes
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