COLUMBUS, Ohio, Jan. 10,
2023 /PRNewswire/ -- American Electric Power (Nasdaq:
AEP) has been named to the JUST 100 2023 list, which recognizes
America's best corporate citizens, and received the top ranking in
the utilities category.
The JUST 100 identifies companies that set the standard in
commitment to their stakeholders. JUST Capital, in partnership with
CNBC, assessed 951 of the nation's largest publicly traded
companies across 20 stakeholder-focused issues identified through
public opinion research. Companies were evaluated on their
performance in job creation; diversity, equity and inclusion;
worker health and safety; environmental sustainability and other
metrics.
"Whether it's reducing our carbon footprint, building an
engaged, inclusive workforce or enabling economic development
opportunities, AEP is focused on delivering energy solutions that
empower our customers and communities," said Julie Sloat, president and chief executive
officer of AEP. "We're proud to be recognized as an industry leader
for corporate accountability practices and remain committed to
innovating as we work to meet the changing expectations of our
customers, communities and investors."
Learn more about AEP's corporate accountability strategy.
American Electric Power, based in Columbus, Ohio, is powering a cleaner,
brighter energy future for its customers and communities. AEP's
approximately 16,700 employees operate and maintain the nation's
largest electricity transmission system and more than 224,000 miles
of distribution lines to safely deliver reliable and affordable
power to 5.5 million regulated customers in 11 states. AEP also is
one of the nation's largest electricity producers with
approximately 31,000 megawatts of diverse generating capacity,
including more than 7,100 megawatts of renewable energy. The
company's plans include growing its renewable generation portfolio
to approximately 50% of total capacity by 2032. AEP is on track to
reach an 80% reduction in carbon dioxide emissions from 2005 levels
by 2030 and has committed to achieving net zero by 2045. AEP is
recognized consistently for its focus on sustainability, community
engagement, and diversity, equity and inclusion. AEP's family of
companies includes utilities AEP Ohio, AEP Texas, Appalachian Power
(in Virginia and West Virginia), AEP Appalachian Power (in
Tennessee), Indiana Michigan
Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power
Company (in Arkansas, Louisiana, east Texas and the Texas
Panhandle). AEP also owns AEP Energy, which provides
innovative competitive energy solutions nationwide. For more
information, visit aep.com.
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SOURCE American Electric Power