Exelon 2013 Sustainability Report Describes Efforts to Create Value for Customers, Communities and Shareholders
July 01 2014 - 11:00AM
Business Wire
Report highlights role of nuclear fleet in
achieving greenhouse gas emissions goals
As part of Exelon’s commitment to keeping the public informed of
its performance in the areas of economic, environmental and social
sustainability, the company today announced that it has released
its 2013 corporate sustainability report.
“We’re proud of the progress we’ve made toward our
sustainability goals and remain dedicated to creating value for
customers, shareholders, communities and employees,” said Chris
Crane, Exelon’s president and CEO. “In addition, we will continue
to advocate for market rules and policies that will help shape a
reliable, clean and sustainable energy future.”
The report presents a comprehensive record of Exelon’s
sustainability performance in 2013. Among the highlights,
Exelon:
- Produced record generation output from
its nuclear fleet, which had a 94.1 percent capacity factor.
Exelon-owned nuclear generation avoided an estimated 87 million
metric tons of greenhouse gas (GHG) emissions – equivalent to the
annual emissions of more than 18 million passenger vehicles.
(Source: U.S. EPA Greenhouse Gas Equivalencies Calculator)
- Achieved its best-ever operating year
across its three utilities – BGE, ComEd and PECO – each of which
improved over 2012 in all key metrics, including safety,
reliability, customer service and customer satisfaction.
- Produced more than 5.8 million megawatt
hours of electricity from renewable sources and added 153 megawatts
of new solar capacity.
- Returned directly to the source more
than 99 percent of the approximately 34.2 billion gallons of water
per day utilized by Exelon-operated facilities.
- Delivered its best-ever OSHA recordable
rate for employee safety.
- Provided more than $32.3 million in
grants and more than 96,000 employee volunteer hours to non-profit
organizations to improve the quality of life in the communities it
serves.
- Sourced $906 million from
diversity-certified suppliers, surpassing its 2013 goal.
- Returned an estimated 94 percent of its
net revenue to the economy, through purchases of materials, goods
and services; employee compensation and benefits and contracting
expenses; and dividends, interest and taxes.
The report also presents Exelon’s achievement, seven years
early, of its Exelon 2020 goal to eliminate 17.5 million metric
tons of GHG emissions in a year by 2020. Through operational
emissions reductions, customer energy efficiency programs and
introducing more clean energy, Exelon surpassed its goal, reducing
or avoiding more than 18 million metric tons of GHG emissions in
2013.
Exelon’s sustainability performance owes much to its
industry-leading fleet of nuclear power plants, which play an
important role in the company’s low emissions profile and support
national GHG emission goals. As detailed in the report, Exelon’s
nuclear fleet is one of the most efficient in the world, and
removing the reliable, clean energy it produces from the U.S.
energy mix would jeopardize the nation’s ability to meet its goal
of reducing GHG emissions by 17 percent by 2020.
In recognition of Exelon’s sustainability performance, the
company has been named to the North America Dow Jones
Sustainability Index for eight consecutive years. The company was
also the only U.S. utility to be included in CDP’s 2013 Global 500
Climate Disclosure Leadership Index and Climate Performance
Leadership Index.
In addition to the interactive report on Exelon’s website, a
downloadable PDF of the report is available here.
About Exelon Corporation
Exelon Corporation (NYSE: EXC) is the nation’s leading
competitive energy provider, with 2013 revenues of approximately
$24.9 billion. Headquartered in Chicago, Exelon does business in 48
states, the District of Columbia and Canada. Exelon is one of the
largest competitive U.S. power generators, with more than 35,000
megawatts of owned capacity comprising one of the nation’s cleanest
and lowest-cost power generation fleets. The company’s
Constellation business unit provides energy products and services
to approximately 100,000 business and public sector customers and
approximately 1 million residential customers. Exelon’s utilities
deliver electricity and natural gas to more than 7.8 million
customers in central Maryland (BGE), northern Illinois (ComEd) and
southeastern Pennsylvania (PECO). Follow Exelon on Twitter
@Exelon.
Exelon CorporationPaul Elsberg, 312-394-7417Corporate
Communicationspaul.elsberg@exeloncorp.com
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