Exelon Recognized for Corporate Sustainability Performance and Reporting by Two Global Authorities
September 24 2014 - 10:30AM
Business Wire
Energy company makes Dow Jones Sustainability
North America Index for ninth consecutive year, recognized by CDP
for climate change transparency
Exelon has been named to two independent indexes – the Dow Jones
Sustainability Indices (DJSI) and CDP – in recognition of its
corporate sustainability performance and reporting of
climate-related information.
DJSI and sustainability investing specialist RobecoSAM named
Exelon to the Dow Jones Sustainability North America Index for the
ninth year in a row. Based on an analysis of the company’s
economic, environmental and social performance, the index
identifies companies whose leadership, innovation and productivity
best prepare them to recognize and respond to global sustainability
trends.
Exelon was one of five utility companies, out of 600 total North
American companies evaluated, to be named to the North America
Index, based on a comprehensive assessment covering corporate
governance, risk management, environmental performance, human
resources development, corporate citizenship, and health and
safety.
“We are honored to receive this recognition as it validates the
progress we’ve made in operating our business in a way that is
economically, environmentally and socially sustainable,” said Chris
Crane, president and CEO of Exelon. “As a leader in the energy
industry, we are dedicated to transparency and creating value for
our customers, shareholders, communities and employees.”
Exelon also has been named to CDP’s S&P 500 Climate
Disclosure Leadership Index (CDLI), marking the fifth time that CDP
has recognized Exelon in this category. Exelon is one of four
S&P 500 utility companies to appear on the list, which
recognizes companies demonstrating a high level of transparency and
data quality in their disclosure of climate-related
information.
Company disclosures are scored on a 100-point scale for
completeness and data quality, with high scores indicating that a
company has provided robust climate data and conveyed a strong
understanding of corporate climate-related issues. The top 10
percent of responding companies are named to the index. This year
each company featured on the CDLI received a score of 97 or
higher.
“The need for disclosure of corporate climate change impacts and
strategies to reduce them has never been greater. For this reason,
we congratulate those businesses that have achieved a position on
CDP’s S&P 500 Climate Disclosure Leadership Index,” said Paul
Simpson, chief executive officer of CDP. “These companies are
responding to the ever-growing demand for environmental
accountability and helping to inspire others to follow suit.”
Exelon had numerous achievements in the area of corporate
sustainability last year that contributing to these recognitions.
For example, the company:
- Achieved its Exelon 2020 carbon
abatement goal seven years early by reducing or avoiding more than
18 million metric tons of greenhouse gas (GHG) emissions in
2013.
- Produced record generation output from
its fleet of nuclear energy facilities, which had a 94.1 percent
capacity factor. Exelon-owned nuclear generation avoided an
estimated 87 million metric tons of GHG emissions – equivalent to
the annual emissions of more than 18 million passenger vehicles.
(Source: U.S. EPA Greenhouse Gas Equivalencies Calculator)
- Produced more than 5.8 million megawatt
hours of electricity from renewable sources and added 153 megawatts
of new solar capacity.
- 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 in its communities.
- Purchased $906 million in goods and
services with diversity-certified suppliers.
Exelon’s sustainability performance is detailed in its 2013
Corporate Sustainability Report, available at
http://www.exeloncorp.com/assets/newsroom/docs/csr/index.html.
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 ElsbergCorporate
Communications312-394-7417paul.elsberg@exeloncorp.com
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