Exelon Energy Transformation Centered on Diversity, Equity and Inclusion

Exelon serves some of the nation’s largest and most ethnically diverse metropolitan areas, including Baltimore, Chicago, Washington, D.C., and Philadelphia. The company has developed several programs and initiatives to ensure that its supplier base, as well as its workforce and culture, reflect the diversity of its customers and communities.

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Supplier Diversity: More than $2.88 billion spent with diverse suppliers in 2022, representing 39% of total enterprise-wide spend  

In 2022, Exelon continued its efforts to support the growth and development of local diversity suppliers in our communities through the Exelon Foundations Program and the Exelon Empowerment Academies. 


HBCU Scholars program$2.4 million in scholarships provided to 24 college freshman

Exelon Foundation HBCU Corporate Scholars Program provides students from our service territories  who attend historically Black colleges and universities with four years of scholarship assistance, opportunities for summer internships and early career readiness support to help prepare them for rewarding careers at Exelon and within the energy industry. 


Community Impact Capital Fund: Provides $36 million in investments to support businesses

Exelon’s $36 million Community Impact Capital Fund (CICF) help businesses, and the communities in which they operate, thrive. This is an evergreen investment with the intent to re-invest the funds back into the community after the initial debt and equity investments have been repaid.

Thus far, the fund has invested nearly $4 million in six businesses including:

  • BGE ($1M)
    • Sweeten Enterprise
  • Pepco ($2.7M) 
    • Gemini Energy Solutions
    • Public Sector Solutions Group (PS2G)
    • CJR Development Partners, LC
    • Escalate
  • PECO ($250k)
    • Aging & Diverse Home Healthcare Services


Workforce Development: Nearly $14 million invested in support of more than 80 workforce development programs

Exelon has more than 80 unique workforce development programs across its six energy companies, designed to bring economic equity, empowerment and employment opportunity to under-resourced communities. For the second year in a row, Exelon has received the Center for Workforce Development’s Chairman’s Award, which recognizes a company for excellence in workforce development leadership. 


STEM Academy: Free, week-long experience for 10th and 11th grade girls from diverse and underserved communities has helped 820 girls since its launch in 2018

The Exelon Foundation’s STEM Academy is a free, week-long program for teen girls ages 15-18 from diverse and underserved communities that introduces young women to careers in STEM.  


STEM Academy Scholarship
Alumnae from the STEM Academy are eligible to apply for the STEM Academy Scholarship, which covers all costs associated with college, including tuition, room and board and all other expenses that aren’t covered by other confirmed scholarships, family contributions and work-study grants. 

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