COLUMBUS, Ohio, March 29,
2023 /PRNewswire/ -- American Electric Power (Nasdaq:
AEP) has received the 2023 Gallup Exceptional Workplace Award,
which recognizes organizations that incorporate employee engagement
into core business values. This is the fourth consecutive year AEP
has been honored with the award.
Organizations that administered Gallup's Q12 employee
engagement survey, achieved a participation rate of 80% or higher
and received a GrandMean above a certain threshold were invited to
apply for the award. A panel evaluated applicants and assessed them
against criteria established by Gallup's employee engagement
and performance data study. Applicants were compared to
Gallup's extensive database of the world's most productive and
profitable companies, and only organizations in the top tier
of the database qualified to win. AEP was one of 57 companies
selected to receive the award.
Gallup's research indicated the engagement level among
Exceptional Workplace award winners is 72%. On average, award
winners have 18 engaged employees for every one actively disengaged
employee, which is 10 times the rate in the U.S. and 16 times the
global average.
"A key part of our strategy to drive growth is to create a
high-performance work culture where all employees feel valued,"
said Julie Sloat, AEP president and
chief executive officer. "Our ability to execute and deliver for
our customers and communities relies upon attracting and retaining
top talent. We're proud to be recognized as an exceptional
workplace and will continue to invest in building an engaged
workforce focused on safety, collaboration and innovation."
Learn more about AEP's efforts to create the workforce of
the future.
American Electric Power, based in Columbus, Ohio, is powering a cleaner,
brighter energy future for its customers and communities. AEP's
approximately 17,000 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 5.6 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 6,900 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