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 66% 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 significant carbon emissions, totalling approximately 68,634,000,000 kg CO2e across various scopes. Specifically, Scope 1 emissions accounted for about 68,634,000,000 kg CO2e, while Scope 2 emissions were approximately 368,100,000 kg CO2e (market-based). Additionally, Scope 3 emissions included about 3,200,000 kg CO2e from business travel and approximately 6,238,000,000 kg CO2e from the use of sold products. Comparatively, in 2014, the company recorded about 77,519,000,000 kg CO2e in Scope 1 emissions and 290,000,000 kg CO2e in Scope 2 emissions, with Scope 3 emissions comprising approximately 1,400,000 kg CO2e from business travel and about 5,853,000,000 kg CO2e from the use of sold products. The trend indicates a reduction in Scope 1 emissions from 2014 to 2015. AES Bulgaria's emissions data is cascaded from its parent company, AES Bulgaria Holdings BV, which is part of The AES Corporation. This relationship influences the company's overall climate commitments and performance metrics. Currently, AES Bulgaria has not established specific reduction targets or climate pledges, indicating a potential area for future development in their sustainability strategy. The absence of defined targets suggests that while the company is actively reporting emissions, it may need to enhance its commitments to align with industry standards for climate action.
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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 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.
