Exelon Recognized for Leadership in Climate Change Transparency
CHICAGO–(BUSINESS WIRE)–Global not-for-profit CDP has named Exelon to the 2015 Carbon Disclosure Leadership Index for its leadership in climate change transparency, marking the sixth time the energy company has appeared on the index, released today in the S&P edition of CDP's annual global climate change report.
"As a leader in the energy industry, we take very seriously our responsibility not only to address our impact on the environment but to be forthright in reporting it," said Chris Crane, president and CEO of Exelon. "We are honored to have our climate change reporting recognized again by CDP and will remain dedicated to transparency for our customers, shareholders, communities and employees."
For the second year in a row, Exelon received a perfect score of 100 out of 100 possible points, making it one of the highest-ranked utilities and one of the top scorers among S&P companies on the index. Top scores indicate a high level of transparency in the disclosure of climate change-related information, helping investors assess corporate accountability and preparedness for changing market demands and emissions regulation.
"As the world prepares for a low carbon future, reliable information about how companies are responding to the transition will be ever more valuable. For this reason, we congratulate those businesses that have achieved a position on CDP's Climate Disclosure Leadership Index," said Paul Dickinson, executive chairman and co-founder of CDP.
Exelon has a long track record of recognition for its sustainability disclosure and performance: Earlier this year, it was named to the Dow Jones Sustainability North America Index for a tenth year in a row and ranked No. 61 on Newsweek's Top Green Companies in the U.S. Exelon is one of the nation's largest zero-carbon energy producers, the twelfth-largest U.S. wind energy producer, and a major generator of solar power. Exelon also was the second-highest ranked U.S. utility company on the global top 100 green utilities ranking by the independent analysis firm Energy Intelligence, which takes into account companies' greenhouse gas emissions and renewable energy portfolios.
Exelon Corporation (NYSE: EXC) is the nation's leading competitive energy provider, with 2014 revenues of approximately $27.4 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 32,000 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 more than 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. 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).
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