AEP Sustainability - ESG Reports

Sustainability Accounting Standards Board (SASB)

This year marks AEP’s first year mapping our disclosure to the SASB Standards for Electric Utilities & Power Generators. Our response reflects year-end 2019 performance. Our SASB report is mapped to our comprehensive 2020 Corporate Accountability Report and ESG Data Center – which serves as our foundation for all sustainability and ESG-related reporting.

AEP's 2020 SASB Report

Task Force on Climate-related Financial Disclosure (TCFD)

The Task Force on Climate-related Financial Disclosure (TCFD) is a voluntary reporting framework to provide decision-useful information to investors about climate risks, opportunities and governance. This is AEP’s second year of mapping our overall disclosure to the TCFD framework and covers calendar year 2019 data. The data presented is from our 2020 Corporate Accountability Report, Strategic Vision for a Clean Energy Future Report, and ESG Data Center – which serves as our foundation for all sustainability and ESG-related reporting.

AEP's 2020 TCFD Report
AEP's 2019 TCFD Report

Customer Emissions Report

In this summary, we provide the AEP system-wide and operating company specific greenhouse gas emission rates which can be used to calculate emissions associated with customer’s 2017 and 2018 energy use.

Supplemental GHG Emissions Data

AEP participates in an EEI-led ESG/Sustainability Committee, composed of electric utilities and financial industry specialists. The effort encourages voluntary reporting of ESG/sustainability information in both quantitative and qualitative formats; it was the first industry-focused and investor-driven ESG reporting framework. AEP is a founding member of this group and issues this report every year.

AEP’s 2020 Corporate Accountability Report has been prepared in accordance with the GRI Standards: Core option. The GRI Standards provide a voluntary reporting framework used by organizations around the world as the basis for sustainability reporting. We are also using the Electric Utility Sector Supplement for reporting on industry-specific information.

AEP’s commitment to transparency includes responding annually to CDP (formerly the Carbon Disclosure Project) surveys on carbon, water and supply chain. We have been reporting to CDP for almost a decade on the carbon survey and have participated in the water survey since it began. These surveys are important to our stakeholders, particularly investors.