Exelon participates in the Carbon Disclosure Project’s Supply Chain Leadership Collaboration

CHICAGO – (May 1, 2008) Exelon Corporation today announced it is the first U.S.-based utility to take part in the Carbon Disclosure Project’s (CDP) Supply Chain Leadership Collaboration (SCLC), a new process that analyzes greenhouse gas emissions throughout corporate supply chains. 

CDP’s SCLC encourages suppliers to report data on their greenhouse gas emissions, climate change strategies, and emissions reduction targets, and creates a uniform standard for supply chain reporting.  Exelon is participating and encouraging its suppliers to participate in the survey with an initial focus on their top 100 suppliers representing $2 billion in annual spend. 

Participation in this survey is just one action being taken by Exelon to green its supply chain as part of its company-wide plan to reduce, displace or offset its current carbon footprint by 2020.

“Exelon Corporation has been committed to reducing our greenhouse gas emissions for more than five years,” said John W. Rowe, chairman and CEO of Exelon Corporation.  “Our commitment has now expanded to include our suppliers in order to have as much impact as possible on addressing climate change. CDP’s SCLC will provide us the information we need to help our suppliers reduce their carbon footprints.”

“The Supply Chain Leadership Collaboration provides a standardized approach towards measuring companies’ supply chain carbon footprints, facilitating the reporting mechanism for suppliers world-wide,” said CDP Chief Executive Paul Dickinson. “Exelon’s participation in the SCLC will certainly make a positive difference as we seek to better understand and manage the connection between carbon emissions and the supply chain.”

IBM is one of Exelon’s largest suppliers and has also agreed to participate in the CDP supplier survey.

“IBM has been responding to the CDP since its inception, and is excited to be expanding its involvement through the CDP's new Supply Chain Leadership Collaboration,” said Wayne Balta, IBM's vice president of environmental affairs and product safety.  "Companies that are aware of their greenhouse gas emissions are more likely to take action to reduce those emissions.  That's why we believe this new program will further enable us to collaborate with our suppliers and innovate for our clients like Exelon, a company that is clearly taking a leadership role in addressing climate change."

Exelon was also the top-ranked North American utility on the CDP’s 2007 Climate Disclosure Leadership Index due to its environmental leadership.

The Carbon Disclosure Project is a collaboration of 385 institutional investors with assets under management of $57 trillion. CDP is an independent not-for-profit organization, which was established in 2000 to facilitate dialogue between companies and investors, supported by quality information, from which a rational response to climate change will emerge.

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Exelon Corporation is one of the nation’s largest electric utilities with approximately $19 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 Pennsylvania and natural gas to more than 480,000 customers in the Philadelphia area.  Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.