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In 2024, AES completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
AES has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofAES amounted to28,218,000metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of AESdecreased by 16.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of AES were 27,779,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2018, AES's Scope 1 emissions have decreased by 44.76%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), AES's Scope 1 emissions decreased by 16.83%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, AES reported Scope 2 greenhouse gas (GHG) emissions of 439,000 tCOâ‚‚e using the market-based method and 439,000 tCOâ‚‚e using the location-based method.a
Since 2018, AES's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 39.81%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), AES's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that AES's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, AES reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, AES reported 1,860,620 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of AES includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, AES reported total Scope 3 emissions of 1,860,620 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2018, AES's Scope 3 emissionshave decreased by 81.53%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), AES's Scope 3 emissions decreased by 24.07%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, AES reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to AES's Scope 3 emissions were:a
In 2024, AES reported Scope 1 greenhouse gas (GHG) emissions of 27,779,000 tCOâ‚‚e and total revenues of USD 12,278 millions. This translates into an emissions intensity of 2,262.5 tCOâ‚‚e per millions USD.a
In 2024, AES reported a Scope 1 emissions intensity of 2,262.5 tCOâ‚‚e per millions USD. Compared to the peer group median of 1,737.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, AES ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
AES is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, AES reported a total carbon footprint of 30,078,620 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.08% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to AES's total carbon footprint was Scope 1 emissions, accounting for 92.35% of the company's total carbon footprint, followed by Scope 3 emissions at 6.19%.a