Exelon Wednesday announced it has released its 2015 Sustainability Report as part of the company’s commitment to transparency on sustainability strategy and performance.
The report describes Exelon’s approach to providing reliable, clean and affordable energy products and services, and its commitment to investing in technology and innovation to improve service to customers.
“Exelon is embracing new technological innovations, renewable growth, energy storage, local generation and other initiatives that are helping to reduce carbon emissions,” said Chris Crane, Exelon president and CEO. “As part of our strategy, we are investing in a next generation energy grid that uses clean energy and smart technology to provide a brighter, more sustainable future for our customers and communities.”
The report, which was based on company results prior to the merger with Pepco Holdings, presents a comprehensive record of Exelon’s economic, environmental and social sustainability performance.
Report highlights for the year include:
-- Investing $3.7 billion in electric and gas utility infrastructure to make the grid smarter, more reliable and more resilient;
-- Investing $1.1 billion to maintain the safety and reliability of one of the cleanest, lowest cost generation fleets in the nation;
-- Increasing current and future investment in renewable generation, with our wind portfolio now totaling 1,500 megawatts across 10 states;
-- Helping utility customers save more than 10.5 million megawatt-hours of electricity through energy efficiency programs;
-- Joining with CB&I and 8 Rivers Capital to build NET Power’s ﬁrst-of-its-kind demonstration power plant that produces zero atmospheric emissions;
-- Growing Constellation Technology Venture investments in electric vehicles, local generation, energy storage, renewable generation and intelligent buildings;
-- Enhancing corporate citizenship, with employees increasing charitable giving by 12 percent over the prior year and volunteering nearly 130,000 hours in community service;
-- Giving more than $36 million in corporate contributions to community nonprofits;
-- Spending more than $1.3 billion with diversity-certified suppliers, far surpassing 2014 spend;
-- Achieving first-quartile performance among peers for the length and duration of power outages at our utilities;
-- Increasing company-wide recycling rate to 74 percent, the highest ever; and
-- Being named to the North America Dow Jones Sustainability Index for the tenth consecutive year
Exelon’s 2015 Sustainability Report is available online.For more information, visit Exelon’s Sustainability webpage.