The AES Corporation Sustainability Profile
The AES Corporation, commonly referred to as AES, is a leading global energy company headquartered in Arlington, Virginia, with significant operations across North America, South America, Europe, and Asia. Founded in 1981, AES has established itself as a pioneer in the energy sector, focusing on the development and operation of sustainable energy solutions. Specialising in renewable energy, including wind, solar, and energy storage, AES is committed to delivering innovative and reliable power solutions. The company’s unique approach integrates advanced technology and sustainable practices, positioning it as a key player in the transition to cleaner energy sources. With a strong market presence and a commitment to sustainability, AES has achieved numerous accolades, including recognition for its efforts in reducing carbon emissions and enhancing energy efficiency. As a trusted partner in the energy industry, AES continues to lead the way in shaping a sustainable energy future.
DitchCarbon Score
How does The AES Corporation'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 Electricity from Other Sources 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
The AES Corporation's score of 37 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The AES Corporation's reported carbon emissions
In 2023, The AES Corporation reported significant carbon emissions, totalling approximately 17,321,741,000 kg CO2e for Scope 1, 8,474,678,000 kg CO2e for Scope 2, and 13,053,000 kg CO2e for Scope 3. This data reflects a commitment to transparency and accountability in their climate impact, with emissions disclosed across all three scopes. Comparatively, in 2022, the corporation's emissions were approximately 17,880,887,000 kg CO2e for Scope 1, 8,895,091,000 kg CO2e for Scope 2, and 17,353,000 kg CO2e for Scope 3. This indicates a slight reduction in Scope 1 and Scope 2 emissions year-on-year, showcasing their ongoing efforts to mitigate climate impact. The AES Corporation has set ambitious reduction targets, aiming to decrease coal generation by 78% by 2025, which applies to both Scope 1 and Scope 2 emissions. Additionally, they plan to reduce the carbon intensity of their portfolio by over 50% within the same timeframe. These targets are part of their broader strategy to transition towards more sustainable energy sources. The emissions data is cascaded from AES Andes S.A., a current subsidiary of The AES Corporation, ensuring that the reported figures align with the parent company's climate commitments. The corporation's proactive approach to reducing emissions and enhancing sustainability reflects its dedication to addressing climate change and promoting a cleaner energy future.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 16,812,539,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 1,020,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is The AES Corporation's Industry?
How Carbon Intensive is The AES Corporation's Location?
The AES Corporation'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.
The AES Corporation 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.
