AES Bulgaria Sustainability Profile
AES Bulgaria, a subsidiary of the global energy leader AES Corporation, is headquartered in Sofia, Bulgaria. Established in 2001, the company has become a key player in the Bulgarian energy sector, focusing on the generation and distribution of electricity. With a commitment to sustainability, AES Bulgaria operates major facilities in the region, including the Maritsa East 1 power plant, which is renowned for its advanced technology and efficiency. The company offers a range of services, including renewable energy solutions and innovative energy management systems, setting it apart in a competitive market. AES Bulgaria has achieved significant milestones, such as being a pioneer in the integration of renewable energy sources in the country. With a strong market position, AES Bulgaria continues to lead the way in providing reliable and sustainable energy solutions, contributing to Bulgaria's energy independence and environmental goals.
DitchCarbon Score
How does AES Bulgaria'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 Business Services 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
AES Bulgaria's score of 24 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AES Bulgaria's reported carbon emissions
In 2015, AES Bulgaria reported total carbon emissions of approximately 75.2 billion kg CO2e, comprising 68.6 billion kg CO2e from Scope 1, 368.1 million kg CO2e from Scope 2, and about 6.2 billion kg CO2e from Scope 3 emissions. The Scope 1 emissions primarily stem from direct operations, while Scope 2 emissions relate to purchased electricity, and Scope 3 emissions include indirect impacts such as business travel and the use of sold products. AES Bulgaria's emissions data is cascaded from its parent company, AES Bulgaria Holdings BV, which is part of a broader corporate family that includes The AES Corporation. This relationship influences their reporting and climate strategies. Despite the significant emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from AES Bulgaria. The absence of specific initiatives or commitments indicates a potential area for improvement in their climate strategy. As a current subsidiary, AES Bulgaria may benefit from the sustainability initiatives and targets set by its parent organisation, but these have not been explicitly detailed in their reports. Overall, AES Bulgaria's emissions profile highlights the need for enhanced climate commitments and reduction strategies to align with global sustainability goals.
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| 2012 | 2013 | 2014 | 2015 | |
|---|---|---|---|---|
| Scope 1 | 82,330,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 87,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is AES Bulgaria's Industry?
How Carbon Intensive is AES Bulgaria's Location?
AES Bulgaria's Scope 3 Categories Breakdown
AES Bulgaria's Scope 3 emissions, which increased by 7% last year and increased by approximately 7% since 2014, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 8% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 100% of Scope 3 emissions.
Top Scope 3 Categories
AES Bulgaria's Climate Goals (2030 & 2050)
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.
AES Bulgaria has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
