We participate in the political process at the federal, state and local levels to help advance policies that benefit our customers, communities, employees and other stakeholders. We do this through lobbying, political engagement and contributions, and employee-driven Political Action Committees (PACs).
In 2020, we reviewed our processes, practices and policies governing political engagement. We identified opportunities to strengthen and enhance our governance, resulting in a revised political engagement policy and a new anti-corruption policy. These policies reinforce expectations already reflected in our Principles of Business Conduct. We have been transparent about our political contributions and lobbying activities for more than a decade. In light of growing public interest in related activities, we committed to enhanced disclosures. Beginning with contributions made in 2020, we are expanding our disclosures to include contributions of $5,000 or greater to 501(c)(4) social welfare organizations – among those groups that are not required by federal law to disclose who their donors are.
In addition, following the attack on the U.S. Capitol on January 6, 2021, AEP suspended corporate political contributions and Political Action Committee (PAC) contributions for three months to allow for an additional review of the criteria used in making contributions to candidates and other organizations. We intend to continue engaging in the political process in support of finding solutions to the serious issues facing our country.
Learn more about Political Engagement and Lobbying at AEP
AEP’s Political Activity Disclosure: