Message from the CEO
Sustainability is core to both our strategy and our culture
President & Chief Executive Officer
Working with our communities, partners and customers, we have transformed our company to be a leader in carbon-free (and low carbon) energy solutions. We are committed to improving our carbon footprint through both near-term and long-term targets, and are leading the innovation of new technologies that empower others as well.
AES was one of the first companies to voluntarily help reduce greenhouse gases in the atmosphere, starting with carbon offset and reforestation projects in the late 1980s. Today we continue the tradition of working proactively with all of our stakeholders to improve people’s lives in a responsible, clean and sustainable way.
For the planet
Accelerating clean growth and innovation
Growth in renewables and energy storage is core to AES’ strategy.
For our people
Bringing our people together for greater impact
Our people are passionate about meeting the world’s current and future energy needs.
For our communities
Partnering with communities for the future of energy
We commit to strengthening positive impact through socioeconomic and environmental partnerships that improve lives today and in the future.
Our sustainability goals
Reduce pro-forma generation from coal to below 10% of portfolio by 2025*
Achieve net zero carbon emissions from electricity by 2040
Add 3-4 GW of wind, solar and energy storage per year
Reduce carbon intensity 50% by 2022 and 70% by 2030 versus 2016 levels
Pro-forma based on annual generation in MWh from the portfolio as of, or expected by, the relevant date, adjusted for: (i) (+) generation from new assets added to the portfolio; and (ii) (-) actual generation from announced asset sales or retirements
*With our portfolio evolution and shutdowns, we anticipate a reduction of approximately 25% of all of our scope 1 emissions by 2025, compared to a base year of 2016.