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

Customer Emissions Report

American Electric Power is excited to announce the launch of the Edison Electric Institute’s (EEI) Electric Company Carbon Emissions and Electricity Mix Reporting Template for Customers. This template was created in collaboration between EEI member electric utility companies, corporate customers, World Resource Institute and EEI. The purpose of this effort is to provide customers with consistent, timely and relevant data that customer can then use for their reporting efforts or strategy development. EEI’s template provides the following quantitative and qualitative information for 2018 and 2019 year data:

  • Electricity delivered by operating company (MWh)
  • Carbon Emissions Intensity Rates (lbs CO2/MWh)
    • Utility Average
    • Utility Specific Residual Mix
  • Resource Mix (%)
  • Third-party certification/verification.
  • Qualitative narrative describing reported carbon emissions, resource mix, and clean energy goals.
  • Notes section for electric companies to disclose whether and how RECs are accounted for in the emission intensity rates.

Customers can access the template here, which also includes instructions and details about the template.

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.