Exelon Joins the Billion Dollar Roundtable for Excellence in Supplier Diversity
August 01 2017 - 10:00AM
Business Wire
Company spending with minority, women-owned and
other diversity-certified businesses reached a record of nearly $2
billion in 2016
The Billion Dollar Roundtable Inc. (BDR), a top-level advocacy
organization that promotes corporate supplier diversity excellence,
announced today that Exelon will be inducted as the organization’s
27th member company. Exelon is the first energy company to join the
exclusive group of U.S.-based corporations that have achieved $1
billion or more in annual, direct spending with minority and
women-owned businesses. Exelon will be inducted in a ceremony on
Aug. 16 during the BRT annual summit in Oakland.
“Exelon is committed to diversity and inclusion across our
enterprise, from our hiring and promotion to our giving, and how we
spend our resources because we know an inclusive culture results in
greater innovation, market competitiveness and opportunities for
growth,” said Chris Crane, Exelon’s President and CEO. “We are
honored to be listed among such an elite group of companies, and
share the goals of the BDR and its commitment to promoting best
practices across the supply chain.”
Exelon and its operating companies spent close to $2 billion
with diversity-certified suppliers in 2016, ranging from asphalt
manufacturers to fuel distributors to technology companies. Exelon
increased its commitment to diverse businesses by 36 percent over
the previous year.
“The induction of Exelon as a member company of the Billion
Dollar Roundtable represents a significant milestone in our
history,” said BDR Chairman Rick Hughes. “Exelon’s market reach
will offer an important and unique perspective to the BDR roster of
companies. We welcome Exelon’s participation and thought
leadership, particularly its view of enhancing diverse supplier
opportunities in the vital energy sector.”
This year, DiversityInc. named Exelon a Top 50 company for
Diversity. The company also recently joined 150 leading companies
for the CEO Action for Diversity & Inclusion™ , the
largest CEO-driven business commitment to take action to cultivate
a workplace where diverse perspectives and experiences are welcomed
and respected. The company’s commitment extends to its community
partners and corporate giving practices – 70 percent of the $46
million Exelon donated to nonprofits in 2016 supported programs
targeted to diverse populations.
To learn more about Exelon’s initiatives to promote D&I
across the company, visit exeloncorp.com.
About Exelon
Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company
with the largest number of utility customers in the U.S. Exelon
does business in 48 states, the District of Columbia and Canada and
had 2016 revenue of $31.4 billion. Exelon’s six utilities deliver
electricity and natural gas to approximately 10 million customers
in Delaware, the District of Columbia, Illinois, Maryland, New
Jersey and Pennsylvania through its Atlantic City Electric, BGE,
ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one
of the largest competitive U.S. power generators, with more than
32,700 megawatts of nuclear, gas, wind, solar and hydroelectric
generating 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 2.2 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100.
Follow Exelon on Twitter @Exelon.
About the Billion Dollar Roundtable
The Billion Dollar Roundtable, created in 2001, is a non-profit
organization made up of 27 Fortune-level corporations that each
spend $1 billion or more annually on a Tier 1 basis on supplier
diversity. The BDR recognizes and celebrates corporate members that
achieve this status and promotes and shares best practices in
supply-chain diversity excellence. BDR member companies review and
discuss issues, challenges and strategies related to supplier
diversity as a means to advance supply chain opportunities for both
corporations and diverse suppliers. The BDR is publisher of the
title “Supplier Diversity Best Practices: Building Excellence to
Improve the Supply Chain Matrix.” For more information about the
BDR, go to https://www.billiondollarroundtable.org/.
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Exelon CorporationRhea Lewis
Marshall202-637-0780rhea.marshall@exeloncorp.com
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