American Electric Power 2008 Corporate Sustainability Report

2008 Corporate Sustainability Report 61 2005 to provide a permanent, ongoing resource – independent of our financial performance – for charitable initiatives. This stability allows us to make multi-year commitments within and outside of the communities we serve. One of the Foundation’s largest commitments is to the Columbus Downtown Development Corporation. The Foundation will match up to $10 million of the city’s contributions to transform the Scioto River waterfront into a modern park, located near AEP’s corporate headquarters. The Foundation donated $11.5 million to 68 organizations in 2007. For more information about the American Electric Power AEP Chairman and CEO Mike Morris listens to a question while visiting the University of Arkansas, one of six campuses on the Future of Energy Listening Tour. Foundation, please visit www.AEP.com. n Useful web links: www.sustainability.com • www.ceres.org www.habitat.org • www.sciotomile.com AMERICAN ELECTRIC POWER FOUNDATION The American Electric Power Foundation was created in Challenges, Goals, Progress { Stakeholder Engagement } Challenge We must engage our various stakeholders regularly to build our relationships in the communities and states where we operate. We need to be more than a good neighbor; we need to be actively involved with all of our stakeholders. Goal Further develop stakeholder outreach plan, in partnership with business units that can be integrated with existing community outreach activities and create shared value of sustainable development objectives. Hold regular stakeholder briefings with environmental, social and community- based NGOs. Integrate inclusive stakeholder process with development of annual corporate sustainability report. Progress Joined SustainAbility’s Engaging Stakeholders program to learn best practices that could be implemented at AEP. Developed stakeholder plan for 2008 corporate sustainability report in collaboration with business units, tapping their stakeholder base as the source of this outreach. Held regular meetings/briefings with leaders of Ceres, NRDC, Pew and Environmental Defense Fund on various issues. Full stakeholder briefing held in the fall on several issues, including NSR settlement, climate change and energy efficiency. Collaborated with Clean Air Task Force, Great Plains Institute, NRDC, Ceres and others on a range of issues throughout the year. Regular discussions held. Without continued employee involvement in the community, AEP’s message may not be heard and relationships would not be as strong. Continue $150 grant award opportunities to AEP employees for community involvement. In 2007, 908 grants of $150 each were made on behalf of more than 750 active and retired employees, who collectively performed more than 138,000 hours of volunteer service. $15.6 million donated through corporate giving in 2007. Continue philanthropy and corporate giving, even in economic downturns when the support is needed Stakeholder Engagement http://www.AEP.com http://www.sustainability.com http://www.ceres.org http://www.habitat.org http://www.sciotomile.com

Table of Contents Feed for the Digital Edition of American Electric Power 2008 Corporate Sustainability Report

American Electric Power 2008 Corporate Sustainability Report Contents Leadership, Management & Strategy A Message from Michael G. Morris A Message from Dennis E. Welch About This Report Environmental Performance Work Force Issues Public Policy Climate Change Energy Security, Reliability & Growth Stakeholder Engagement Glossary GRI Table of Contents

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