AES

Independent Power Producers & Energy Traders
AES
$ 29 0.46
Share price
$ 19 bn
Market Cap
$ 42 bn
Enterprise Value

Carbon footprint

987 Ton
GHG emissions per $ 1 mln investment
27x the weighted average for S&P 500
FY2021
How is this calculated?
-4.1%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-5.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

AES aims to achieve net zero for Scope 1 + 2 by 2040


This target has not been verified as science based according to SBTi
AES's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -7% weighted average for S&P 500
FY2022
How is this calculated?

AES aims to achieve carbon neutrality for all Scopes by 2050


This target has not been verified as science based according to SBTi
AES's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

AES's GHG emissions (market-based) (Kt of CO2e)
AES's Carbon intensity (Tons per 1 USDm)

AES's carbon footprint

AES reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 41,456 Kt (-1,761 /-4.1% y-o-y). Also positively, carbon intensity declined marginally to 4,474 t (-35 /-0.8% y-o-y).

AES's Scope 3 emissions increased to 7,351 Kt (+82/+1.1% y-o-y). The parameter has been fairly volatile.

The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -2,182 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving carbon neutrality for all Scopes by 2050, which translates into the estimated reduction of -1,683 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

AES aims to achive carbon neutrality across its entire value chain (all Scopes) in 2050. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Company environmental metrics

Show more...