Below is the information acquired on AMERICAN ELECTRIC POWER COMPANY INC, which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Production of electricity (NACE2 3511)

This company, with registered office address in Columbus, is engaged in the provision of electricity. It was created in December 1906 when the certificate of incorporation was filed in Albany, New York. The company was formed from a utility holding company, Electric Company of America.The company specializes in the marketing and trading of natural gas, electricity, and other commodities and has interests in independent power plants. It also processes natural gas storage, transportation, and processing; telecommunications infrastructure services; and barge transportation.The company has established itself as one of the United States' largest electric utilities that delivers electricity to more than five million customers in Tennessee, Texas, Virginia, Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, and West Virginia. The company ranks among the largest generators of electricity of the nation. It owns more than 38,000 megawatts of generating capacity in the U.S as well as operates and owns the largest electricity transmission system of the nation which is nearly 39,000-mile network that provides more than 765 kilovolt voltage transmission lines.The company's transmission system directly or indirectly provides about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas.The utility units of the company operates as AEP Ohio, AEP Appalachian Power (in Tennessee), Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas), Indiana Michigan Power, AEP Texas, Appalachian Power (in Virginia, West Virginia), Kentucky Power, and Public Service Company of Oklahoma.The company aims to maintain in its position in its industry. To achieve this, the company must provide safety, performance and value in electric power generation, transmission and distribution; meet the energy needs of its customers in ways that improve their quality of life and protect the environment today and for generations to come; and improve the environmental and safety performance of its generating fleet, and add to that fleet for growth are among them.
  • AMERICAN ELECTRIC POWER COMPANY INC

  • United States of America (US)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Mr Nicholas K. Akins
  • CEO Total remuneration: 12.634.213,064
  • Website: www.aep.com

Financial data

Number of employees

16,688
16,787
17,408
17,582

Revenue 1

15
12
14
14

EBIT 1

3
2
2
2

EBITDA 1

6
5
5
5

1 numbers are in millions

  • RepRisk Indicator (last month):  16

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines: N/A
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Other resources

Policies

  • Training policy:
  • Policy to protect the right to health and safety in the workplaces where the company operates:
  • Policy to protect the right to health and safety in the workplaces in the supply chain:
  • Diversity policy:

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions