The Committee on Directors and Corporate Governance of the Board oversees AEP’s Corporate Compliance Program and receives regular reports from the Chief Compliance Officer. All AEP employees are able to report concerns anonymously or to seek guidance on ethical, safety or compliance matters through a confidential, 24/7 hotline. In 2019, there were a total of 281 Concerns Line Calls, a decrease of 3% from the previous year.
Beginning in 2019, we require all employees to complete an annual conflict of interest training and disclosure survey. This process of soliciting potential conflicts of interest is centralized and documented electronically, allowing our Ethics & Compliance department to review and clear (or flag) conflicts as needed. We share learnings with employees and managers to encourage and set clear expectations for ethical behavior.
In 2019, we launched a new Sexual Harassment Prevention Workshop, “The Power of Respect,” and began training supervisors across AEP. This training ties into our safety culture of “See Something, Say Something, Do Something” to go beyond compliance and understand what it means to work in a harassment-free workplace. In addition to the interactive, peer-facilitated training, we provide supervisors with a toolkit to encourage workplace culture discussions. By the end of 2020, all supervisors will attend a workshop, and we will begin training all employees.
Companywide Required Training:
- FERC Affiliate Restrictions
- FERC Standards of Conduct
- Principles of Business Conduct
- Conflicts of Interest