ESG Strategy & Performance Report
At AEP, we understand the importance of providing clear, accurate and consistent data and information in a timely manner. We have been reporting on our environmental, social and governance (ESG) performance for 15 years through AEP’s Corporate Accountability Report (CAR), which serves as the foundation for our sustainability disclosure. The 2021 ESG Strategy & Performance Report serves as a supplemental report to the CAR, demonstrating our commitment to reporting on our progress towards a responsible and sustainable energy future.
This report includes AEP’s ESG strategy, governance structure, stakeholder engagement efforts, materiality assessment and ESG awards and recognition. In addition, it comprises of our ESG Data Center, which includes a three-year trend on 250+ of the most requested ESG metrics; our Sustainability Accounting Standards Board (SASB) report; GRI Report; and access to our Climate Impact Analysis Report – a TCFD report.
2021 ESG Strategy & Performance Report
Sustainability Accounting Standards Board (SASB)
This year marks AEP’s second year mapping our disclosure to the SASB Standards for Electric Utilities & Power Generators. Our response reflects year-end 2020 performance. Our SASB report is mapped to our comprehensive 2021 Corporate Accountability Report and ESG Data Center – which serves as our foundation for all sustainability and ESG-related reporting.
AEP's 2021 SASB Report
Task Force on Climate-related Financial Disclosure (TCFD)
AEP's Climate Impact Analysis Report is aligned with the Task Force for
Climate-related Financial Disclosure (TCFD) framework, including the scenario modeling and analysis. This provides a comprehensive view of our business and the potential risks and opportunities created by climate
change, as well as strategies for managing them.