Appalachian Power Company
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Renewable Energy
- Carbon-free generation
- Environmental Justice
- Community Engagement
- Small and Diverse Suppliers
Environmental Achievements
- AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and has a goal to achieve net zero by 2045.
Social Achievements
- AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion.
- Encourages the use of local goods or services sourced, in whole or in part, from one or more Virginia or West Virginia businesses in the construction and/or operation of the Project or United States-based manufacturers using materials or product components made in Virginia, West Virginia or the United States.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- AEP's goal to achieve net zero emissions by 2045.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Meeting annual targets for 100% carbon-free generation by 2050.
- Securing necessary regulatory approvals for projects.
Mitigation Strategies
- Issuing RFPs for renewable energy resources via different ownership models.
- Seeking prudency determination and certificate to own and operate facilities from the Virginia State Corporation Commission (VSCC) and West Virginia Public Service Commission (WV PSC).
- Seeking approval of cost recovery from the VSCC and WV PSC.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- AEP’s Supplier Code of Conduct
- Encouraging the use of local goods and services and small and diverse suppliers.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of renewable energy resources.
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
The RFP aims to procure renewable energy resources to support the company's carbon-free generation goals and contribute to climate action.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed