COLUMBUS, Ohio, Jan. 27, 2021 /PRNewswire/ -- American Electric
Power (Nasdaq: AEP) is recognized in the 2021 Bloomberg
Gender-Equality Index (GEI), which highlights companies dedicated
to reporting gender-related data and advancing women's equality.
This is the third consecutive year AEP has been included in the
index.
The GEI is a modified market capitalization-weighted index that
tracks the performance of public companies committed to
transparency in gender data reporting. This year's GEI is
based upon scoring in five metrics: female leadership and talent
pipeline; equal pay and gender pay parity; inclusive culture;
sexual harassment policies; and pro-women brand. AEP was included
for scoring at or above a global threshold established by Bloomberg
to reflect a high level of disclosure and overall performance
across the framework's five pillars. The index includes 380
companies from 11 industries headquartered across 44 countries and
regions.
"AEP is pleased to be recognized again for our ongoing
commitment to gender equality and data transparency," said
Nicholas K. Akins, AEP chairman,
president and chief executive officer. "Diversity, equity and
inclusion are key parts of our business strategy. AEP continually
examines the best ways to support and empower women in the
workplace, while also acting as a catalyst for change in our
communities."
AEP is an active participant in several equality and diversity
initiatives including Paradigm for Parity, the CEO Action for
Diversity & Inclusion pledge and the Columbus Commitment:
Achieving Pay Equity. In 2020, AEP also was named one of the Best
Employers for Women by Forbes.
Learn more about AEP's diversity, equity and inclusion
strategy.
American Electric Power, based in Columbus, Ohio, is focused on building a
smarter energy infrastructure and delivering new technologies and
custom energy solutions to our customers. AEP's approximately
17,000 employees operate and maintain the nation's largest
electricity transmission system and more than 221,000 miles of
distribution lines to efficiently deliver safe, reliable power to
nearly 5.5 million regulated customers in 11 states. AEP also is
one of the nation's largest electricity producers with
approximately 30,000 megawatts of diverse generating capacity,
including more than 5,300 megawatts of renewable energy. 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, AEP Energy Partners,
AEP OnSite Partners, and AEP Renewables, which provide innovative
competitive energy solutions nationwide. For more information,
visit aep.com.
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SOURCE American Electric Power