Exelon’s environmental policy states, among other things, that we will “constantly improve our environmental performance” by going beyond compliance. By operating beyond the minimum requirements in selected environmental areas and using resources more efficiently, we
- realize reduced operating costs,
- improve relationships with stakeholders,
- shape future environmental regulations,
- strengthen the reputation of the company, and
- strengthen customer and employee satisfaction.
Since 2004, the company has pursued an environmental strategy that builds on four fundamental elements: regulatory compliance, risk management, resource stewardship and leadership on key environmental issues.
Regulatory Compliance
Exelon’s environmental strategy begins with being in compliance with environmental laws and regulations 100 percent of the time. Our regulators, our investors, our customers, and the communities where we operate expect us to meet the requirements of the law, and we expect no less of ourselves.
Risk Management
Exelon has legacy environmental issues that we must effectively manage, such as polychlorinated biphenyls (PCBs)-contaminated oil management and the clean up of manufactured gas plant sites. We identify and address these historic issues, while also minimizing the risks that may arise from of our current operations.
Resource Stewardship
Through more efficient use of natural resources, we also lower the cost to produce and deliver our energy products. Our in-house energy efficiency and recycling programs are examples of our efforts on this strategy component.
Leadership
Our focus is on environmental issues that are particularly significant for Exelon including climate change, renewable energy, energy management and the future of nuclear power.
We recognize that while we have done much, more can be done. By focusing our resources on clear priorities, we will continue to make progress.