October 17, 2011
Exelon Recognized for Sustainability Performance and Carbon Emissions Reporting
Utility named to Dow Jones Sustainability North America Index and ranked among top 10 S&P 500 utilities by Carbon Disclosure Project
CHICAGO – Recognizing Exelon’s leadership in corporate sustainability, the company has been named to the Dow Jones Sustainability North America Index for the sixth consecutive year. In addition, the Carbon Disclosure Project (CDP) ranked Exelon one of the top 10 utilities on the S&P 500 for its carbon emissions reporting.
“Exelon takes very seriously its responsibility to address and disclose the economic, environmental and social impacts of our business,” said John W. Rowe, Exelon chairman and CEO. “It is gratifying to have our business practices recognized by respected, independent organizations like Dow Jones Indexes and the Carbon Disclosure Project. Exelon’s efforts to operate sustainably and reduce its emissions through its Exelon 2020 strategy not only benefit the environment, but also create value by positioning Exelon for a clean energy future.”
Exelon received an overall sustainability score of 72 percent on the 2011 Dow Jones Sustainability North America Index – exceeding the average company score of 58 percent. The Index recognizes the top 20 percent of companies in each sector, in terms of sustainability, from among the 600 largest North American companies. The annual review is based on an in-depth analysis of economic, environmental and social criteria, such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices.
Based on Exelon’s reporting of its carbon emissions and its actions to reduce emissions, the company achieved a disclosure ranking that placed it among the top 10 utilities in the CDP’s S&P 500 Report for 2011. CDP collects extensive information on emissions reporting and climate change performance from the largest U.S. companies to determine its rankings.
Central to Exelon’s sustainability efforts is Exelon 2020, a business and environmental strategy to eliminate more than 15 million metric tons of CO2 equivalent per year by 2020. It includes projects such as investments in energy efficiency, retirement of inefficient fossil power plants, and the introduction of more clean energy resources into the marketplace.
Exelon Corporation is one of the nation’s largest electric utilities with more than $18 billion in annual revenues. The 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 distributes electricity to approximately 5.4 million customers in northern Illinois and southeastern Pennsylvania and natural gas to approximately 490,000 customers in the Philadelphia area. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.
The Carbon Disclosure Project (CDP) is an independent not-for-profit organisation holding the largest database of primary corporate climate change and water information in the world. Some 3,000 organisations across the world’s largest economies now measure and disclose their greenhouse gas emissions, water usage and assessment of climate change and water risk and opportunity through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of institutional investors, purchasing organisations and government bodies and made available for integration into business and policy decision making. For more information visit www.cdproject.net.
Dow Jones Indexes is a leading full-service index provider that 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 offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is a joint venture company which is owned 90 percent by CME Group Inc. and 10 percent by Dow Jones & Company, Inc., a News Corporation company (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV).
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, multi-theme and core sustainability investment strategies catering to institutional asset owners and financial intermediaries in Europe, the United States and Asia-Pacific. Through its index activities, SAM has collaborated with Dow Jones Indexes for the publication and licensing of the globally recognized Dow Jones Sustainability Indexes (DJSI) as well as customized sustainability benchmarks. Based on its Corporate Sustainability Assessment, SAM has compiled one of the world’s largest sustainability databases and analyzes over 2,000 listed companies annually. SAM’s proprietary research and sustainability data are fully integrated into its offerings.
SAM is a member of the global asset manager Robeco, which was established in 1929 and offers a broad range of investment products and services. Robeco is committed to Responsible Investing and the group-wide implementation of RI principles. Within Robeco, SAM acts as the center of expertise for Clean Tech Private Equity. In addition, SAM represents Robeco in its domestic Swiss market, handling sales, client servicing and marketing on behalf of the parent company. Robeco is a subsidiary of the AAA (S&P) rated Rabobank Group (rating does not apply to any investment product and is subject to change). SAM was founded in 1995, is headquartered in Zurich and employs over 100 professionals. As of June 30, 2011 SAM’s total assets amounted to USD 16.4 billion.