COLUMBUS, Ohio, June 15, 2007 – American Electric Power (NYSE: AEP) has accepted an invitation to join the World Business Council for Sustainable Development, a global association dealing exclusively with business and sustainable development.
The Council, based in Geneva, Switzerland, provides a platform for companies to explore sustainable development, share best practices and advocate business positions on sustainability issues while working with governmental, non-governmental and intergovernmental organizations. Membership includes approximately 190 companies from more than 35 countries
“We’re honored to accept the Council’s invitation to join its very impressive list of members, a list that includes many of the world’s most respected companies,” said Michael G. Morris, AEP’s chairman, president and chief executive officer. “We regard our membership as more than recognition of our ongoing efforts on environmental and other sustainability issues. It’s an opportunity to continue learning how to better manage our impacts on society.”
AEP’s area of focus with the Council will be Energy and Climate.
In welcoming AEP to the Council, WBCSD President Björn Stigson noted: "AEP has a long tradition of a being a good citizen in the many communities that it serves so well. We are honored to welcome Michael Morris and his company to our ranks and look forward to its leadership in our energy and climate and electric utilities work."
Information on the World Business Council for Sustainable Development is available online at http://www.wbcsd.ch/
American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning more than 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as 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 and east Texas). AEP’s headquarters are in Columbus, Ohio.