In recognition of its industry-leading corporate sustainability performance, Exelon Corporation Monday announced it has been named to the 2016 Dow Jones Sustainability Index (DJSI) for North America, marking the eleventh consecutive year Exelon has appeared on the index.
Exelon was one of seven electric and gas 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 corporate governance, market opportunities and environmental policy and management systems.
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.
“We’re proud to have been named to the Dow Jones Sustainability Index for the eleventh year, demonstrating our long-term commitment to the ideals it represents,” said Chris Crane, president and CEO of Exelon. “This recognition validates our continuing efforts to incorporate clean energy, efficiency and smart grid technology as part of our strategy to build a sustainable and reliable next-generation energy grid.”
Continuing to make progress toward its sustainability goals, Exelon in 2015:
-- Invested $3.7 billion in electric and gas utility infrastructure to make the grid smarter, more reliable and more resilient;
-- Invested $1.1 billion to maintain the safety and reliability of one of the cleanest, lowest cost generation fleets in the nation;
-- Increased current and future investment in renewable generation, with our wind portfolio now totaling 1,500 megawatts across 10 states;
-- Helped utility customers save more than 10.5 million megawatt-hours of electricity through energy efficiency programs;
-- Joined with CB&I and 8 Rivers Capital to build NET Power's ﬁrst-of-its-kind demonstration power plant that produces zero atmospheric emissions;
-- Grew Constellation Technology Venture investments in electric vehicles, local generation, energy storage, renewable generation and intelligent buildings;
-- Enhanced corporate citizenship, with employees increasing charitable giving by 12 percent over the prior year and volunteering nearly 130,000 hours in community service;
-- Gave more than $36 million in corporate contributions to community nonprofits;
-- Spent more than $1.3 billion with diversity-certified suppliers, far surpassing 2014 spend;
Achieved first-quartile performance among peers for the length and duration of power outages at our utilities; and
-- Increased company wide recycling rate to 74 percent, the highest ever.
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.