About This Report
AEP is proud to share with you our 2016 Corporate Accountability Report. This is AEP’s seventh integrated report and our 10th year of reporting our overall performance. This web-based report includes significant data and information about AEP’s performance that is largely based on calendar year 2015, unless otherwise noted.
In addition to reporting on 2015 performance and showing three- to five-year performance trends, this report offers insight into AEP’s transformation as it evolves its business model. We increased our use of photos, charts and infographics to help tell our story.
AEP’s report follows the GRI G4 guidelines for data quality, report content and organizational boundaries. We also report according to GRI’s Electric Utility Sector Supplement. In developing our report, we consider the principles set forth by the International Integrated Reporting Council (IIRC) and the proposed Sustainability Accounting Standards Board (SASB) standards for our sector. However, we believe there is no one-size-fits-all approach to voluntary reporting so we adapt them as appropriate to demonstrate we are directionally in concurrence.
AEP Audit Services performed a limited review of company performance statements contained within the 2016 AEP Corporate Accountability Report. Financial information was reconciled with AEP's audited financial statements, if applicable, or to such other sources as deemed appropriate. Selected processes used in accumulating the significant nonfinancial data were reviewed and the associated data reconciled to the sources(s). The appropriateness of the context in which data are presented was also reviewed. Finally, forward-looking information was verified as consistent with other public information disclosed by AEP. Based upon our review, we believe the performance information contained within the Report is appropriately stated, and that the processes followed in accumulating both the financial and nonfinancial information are reasonable.
Andrew B. Reis
Vice President, Audit Services
May 16, 2016