Wednesday, September 24, 2014

Exelon Recognized For Corporate Sustainability Performance

Exelon has been named to two independent indexes – the Dow Jones Sustainability Indices  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.

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