AEP Selected For 2019 Bloomberg Gender-Equality Index

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Jan 16, 2019, 10:34 ET

COLUMBUS, Ohio, Jan. 16, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) is among 230 companies included in the 2019 Bloomberg Gender-Equality Index (GEI), which recognizes companies who are trailblazers in their commitment to gender reporting and advancing women's equality.

The GEI is based upon how public companies promote gender equality across four separate areas: policies, community engagement, products and services and company statistics. Reporting companies that score above an established threshold are included in the GEI. The index includes firms from 10 sectors headquartered across 36 countries.

"AEP is proud to be named in the 2019 Gender-Equality Index as it reflects our ongoing efforts to create an inclusive and diverse work environment," said Nicholas K. Akins, AEP chairman, president and chief executive officer. "We want our workforce to be as vibrant as the communities where we live, work and operate. AEP views equality, diversity and inclusion as a vital part of not only our company culture, but also our business strategy. Leveraging differing perspectives of our diverse workforce encourages innovation and engagement, allowing us to better serve our customers."

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.

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 more than 18,000 employees operate and maintain the nation's largest electricity transmission system and more than 219,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 32,000 megawatts of diverse generating capacity, including 4,340 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.

SOURCE American Electric Power