COLUMBUS, Ohio, Aug. 1, 2023
/PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named one
of the 2023-2024 Best Companies to Work For by U.S. News &
World Report.
The inaugural list consists of 200 companies in 11 industries.
Only public companies in the Russell 1000 index as of June 2022 that had a minimum of 75
U.S.-based Glassdoor reviews in 2022 were considered. The
ranking was based on six metrics including: employee perceptions of
quality of pay and benefits, work/life balance, job and company
stability, physical and psychological comfort, belongingness, and
career opportunities and professional development. A survey was
conducted on usnews.com from January
2023 through March 2023 asking
readers to rank the six metrics in order of importance to determine
how each should be weighted. The companies were then evaluated on
their public data related to the metrics and selected based on the
scores they received.
"At AEP, our team is our greatest asset and the driving force
behind our efforts to power the communities we serve," said
Julie Sloat, AEP president and chief
executive officer. "We're focused on building an engaged workforce
and a positive work environment where our employees feel supported
and empowered. We're proud to be recognized as one of the best
companies to work for in America and will continue to create a
dynamic company culture that encourages collaboration, inclusion
and growth."
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 225,000 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 30,000 megawatts of diverse generating capacity,
including more than 7,000 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