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SO2 - Percentage and total number of business units analyzed for risks related to corruption

AEP performs a fraud risk assessment of all business units on an annual basis. This includes identification of fraud risk factors, identification of potential fraud schemes and scenarios, and evaluation of the design and effectiveness of mitigating controls in place to prevent and/or detect fraudulent activities timely. Additionally, AEP performs an annual Control Environment Survey of approximately 435 employees, and as part of that survey, solicits information regarding whether the individuals are aware of any improper financial transactions.

For more information, also see the Challenges section of the Work Force discussion in AEP’s Corporate Sustainability Report.

2012