Exelon Recognized For Sustainability Performance For 10th Year In A Row
In recognition of its industry-leading corporate sustainability performance, Exelon Corporation has been named to the 2015 Dow Jones Sustainability Index for North America. This is the tenth consecutive year Exelon has appeared on the index.
“We are proud to have been named to the index every year for the last decade. This validates our consistent effort to run our businesses in a way that takes into account the long-term needs of our customers, communities and employees.”
Exelon was one of seven electric and gas utility companies to be named to the DJSI for North America out of 600 total companies considered. Exelon ranked particularly high among peers in the areas of environmental policy/management systems, risk management and performance measurement.
The independent DJSI assessment is conducted each year by sustainability investment specialist RobecoSAM. It is based on a comprehensive review of environmental performance, health and safety, corporate citizenship, corporate governance, risk management, and human resources development.
“The Dow Jones Sustainability Index is one of the most widely recognized and trusted indicators of companies’ sustainability performance,” said Chris Crane, president and CEO of Exelon. “We are proud to have been named to the index every year for the last decade. This validates our consistent effort to run our businesses in a way that takes into account the long-term needs of our customers, communities and employees.”
Continuing to make progress toward its sustainability goals, Exelon in 2014:
-- Added 215 megawatts (MW) of new, zero-emission power generation – including wind and solar energy projects and nuclear energy uprates – and announced it will add another 108 MW of new wind generation in 2015;
-- Completed its 242-MW Antelope Valley Solar Ranch One solar project;
-- Deployed 21 MW of new distributed solar energy, bringing its total amount of customer-sited solar installed or under development to 200 MW;
-- Through its electric and gas utilities – BGE, ComEd and PECO – helped customers save more than 7.6 million megawatt-hours through energy efficiency programs, avoiding more than 4 million metric tons of greenhouse gas emissions;
-- Invested $3.1 billion in utility infrastructure, including $500 million in smart grid and smart meter technologies, bringing its total number of customer smart meters deployed to more than 3.4 million;
-- Made investments in emerging technologies such as electric vehicles, distributed generation, energy storage and intelligent buildings;
-- Contributed more than $31.4 million to nonprofits in the communities it serves, focused on the areas of environment, education, the arts and economic development;
-- Saw employees log 113,000 hours volunteering for community organizations;
Spent more than $1 billion with diversity-certified suppliers; and
-- Achieved its best-ever safety performance across all key measures, ranking among the top 10 percent of U.S. utility companies.
Exelon uses rigorous performance and risk management programs to track its sustainability performance against specific, quantifiable goals while accounting for a wide variety of factors, from changes in the prices of electricity and natural gas to the risks associated with climate change and drought.
Exelon provides a detailed review of its sustainability strategy and performance in its annual sustainability report. The 2014 report is available online.
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