October 05, 2009
Exelon Recognized for Sustainability and Climate Change Leadership
Utility listed on Dow Jones Sustainability North America Index for fourth consecutive year highlighting continued environmental commitment
CHICAGO (Oct. 5, 2009) – In recognition of Exelon’s leadership in corporate sustainability and environmentally sound business practices, the company was named to the Dow Jones Sustainability North America Index (DJSI North America) for the fourth consecutive year. Exelon achieved an overall sustainability performance score of 74 percent, compared to the average score of 56 percent for the electric utility sector. This is an increase from Exelon’s score of 71 percent in 2008.
“We are honored to again be recognized for our sustainability efforts among the world’s leading companies,” said Exelon Chairman and CEO John W. Rowe. “While Exelon already has one of the least carbon-intensive generation portfolios in the industry, we are not satisfied. We will continue our commitment to addressing climate change through initiatives like Exelon 2020 and by advocating for a national energy policy that puts a price on carbon emissions.”
The cornerstone of Exelon’s business strategy, Exelon 2020 is a plan to reduce, offset or displace more than 15 million metric tons of greenhouse gas (GHG) emissions per year by 2020. This amount is greater than the company’s 2001 carbon footprint and equivalent to taking nearly 3 million cars off the road. In July, Exelon marked the successful first year of Exelon 2020 by reporting that the company had already reduced more than one-third, or 6 million metric tons, of its GHG emissions.
“Exelon’s continuous efforts in sustainability were translated this year by a higher performance and an inclusion in the DJSI North America,” said Jean-Francois Meymandi, equity analyst for SAM, the sustainability investment firm that conducted the analysis for DJSI. “The company showed specific good performance in risk and crisis management, climate strategy and corporate citizenship.”
DJSI North America recognizes the leading 20 percent of the 600 largest North American companies, in terms of sustainability performance. Companies are selected according to a systematic corporate sustainability assessment that identifies the leading sustainability-driven companies in each of 57 industry groups. The annual review is based on a thorough analysis of corporate economic, environmental and social performance, assessing such issues as corporate governance, risk management, climate change strategy, corporate citizenship, supply chain and labor practices.
About Exelon Corporation
Exelon Corporation is one of the nation’s largest electric utilities with approximately 5.4 million customers and $19 billion in annual revenues. Exelon Generation Company has one of the industry’s largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon Corporation distributes electricity to approximately 5.4 million customers in Illinois and Pennsylvania and natural gas to approximately 485,000 customers in southeastern Pennsylvania. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.
SAM is an investment boutique focused exclusively on Sustainability Investing. The firm’s offering comprises asset management, indexes and private equity. Its asset management capabilities include a range of single-theme, multitheme and core sustainability investment strategies catering to institutional asset owners and financial intermediaries in Europe, the United States, Asia-Pacific and the Middle East.
Through its index activities, SAM has partnered with Dow Jones Indexes and STOXX Limited for the publication and licensing of the globally recognized Dow Jones Sustainability Indexes (DJSI) as well as customized sustainability benchmarks. Furthermore, SAM is the center of expertise for clean tech private equity within Robeco.
Based on its Corporate Sustainability Assessment, SAM has compiled one of the world's largest sustainability databases and analyzes over 1,000 listed companies annually. SAM’s proprietary research and sustainability data are fully integrated into its offering.
SAM is a member of Robeco, which was established in 1929 and offers a broad range of investment products and services worldwide. Robeco is a subsidiary of the AAA-rated Rabobank Group.
SAM was founded in 1995, is headquartered in Zurich and employs over 100 professionals. As of 30th June 2009, SAM’s total assets amount to USD 12.4 billion.
About Dow Jones Indexes
A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world’s leading pan-European indexes that are an integrated segment of the Dow Jones Global Index series. Additionally, Dow Jones Indexes maintains its benchmark index series, the Dow Jones Total Stock Market Indexes, which is anchored by the Dow Jones U.S. Total Stock Market Index and covers more than 12,000 securities in 65 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com
Dow Jones & Company (www.dowjones.com) is a News Corporation company (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV; www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.