| Challenge |
Goal |
Progress |
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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.
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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.
Integrate inclusive stakeholder process with development of annual corporate sustainability report.
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Joined SustainAbility's Engaging Stakeholders program to learn best practices that could be implemented at AEP.
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.
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Without continued employee involvement in the community, AEP's message may not be heard and relationships would not be as strong.
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Continue $150 grant award opportunities to AEP employees for community involvement.
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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.
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Continue philanthropy and corporate giving, even in economic downturns when the support is needed most. Our support is critical to having successful communities and improving quality of life.
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N/A
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$15.6 million donated through corporate giving in 2007.
Contributed $2.87 million in support of colleges and universities. This included matching dollar - for - dollar gifts of more than 760 active and retired employees to 300 institutions of higher learning and related foundations.
During last decade sponsored 230 teacher workshops and partnered with more than 90 schools, colleges and educational organizations to reach more than 4,400 teachers and 352,000 students. Contributed more than $3.1 million to programs targeting K-12 grades.
AEP Foundation donated $11.5 million to 68 organizations in 2007.
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Continue to grow support for United Way and other forms of giving, even in economic downturns when support is needed most.
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Continue partnership with IBEW for United Way campaign and other community service initiatives.
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In 2007, employees contributed $2 million to United Way; AEP added $1 million.
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