As part of Exelon’s commitment to keeping the public informed of its
performance in the areas of economic, environmental and social
sustainability, the company today announced that it has released its 2013
corporate sustainability report.
“We’re proud of the progress we’ve made toward our sustainability goals
and remain dedicated to creating value for customers, shareholders,
communities and employees,” said Chris Crane, Exelon’s president and
CEO. “In addition, we will continue to advocate for market rules and
policies that will help shape a reliable, clean and sustainable energy
future.”
The report presents a comprehensive record of Exelon’s sustainability
performance in 2013. Among the highlights, Exelon:
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Produced record generation output from its nuclear fleet, which had a
94.1 percent capacity factor. Exelon-owned nuclear generation avoided
an estimated 87 million metric tons of greenhouse gas (GHG) emissions
– equivalent to the annual emissions of more than 18 million passenger
vehicles. (Source: U.S. EPA Greenhouse Gas Equivalencies Calculator)
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Achieved its best-ever operating year across its three utilities –
BGE, ComEd and PECO – each of which improved over 2012 in all key
metrics, including safety, reliability, customer service and customer
satisfaction.
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Produced more than 5.8 million megawatt hours of electricity from
renewable sources and added 153 megawatts of new solar capacity.
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Returned directly to the source more than 99 percent of the
approximately 34.2 billion gallons of water per day utilized by
Exelon-operated facilities.
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Delivered its best-ever OSHA recordable rate for employee safety.
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Provided more than $32.3 million in grants and more than 96,000
employee volunteer hours to non-profit organizations to improve the
quality of life in the communities it serves.
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Sourced $906 million from diversity-certified suppliers, surpassing
its 2013 goal.
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Returned an estimated 94 percent of its net revenue to the economy,
through purchases of materials, goods and services; employee
compensation and benefits and contracting expenses; and dividends,
interest and taxes.
The report also presents Exelon’s achievement, seven years early, of its Exelon
2020 goal to eliminate 17.5 million metric tons of GHG emissions in
a year by 2020. Through operational emissions reductions, customer
energy efficiency programs and introducing more clean energy, Exelon
surpassed its goal, reducing or avoiding more than 18 million metric
tons of GHG emissions in 2013.
Exelon’s sustainability performance owes much to its industry-leading
fleet of nuclear power plants, which play an important role in the
company’s low emissions profile and support national GHG emission goals.
As detailed in the report, Exelon’s nuclear fleet is one of the most
efficient in the world, and removing the reliable, clean energy it
produces from the U.S. energy mix would jeopardize the nation’s ability
to meet its goal of reducing GHG emissions by 17 percent by 2020.
In recognition of Exelon’s sustainability performance, the company has
been named to the North America Dow Jones Sustainability Index for eight
consecutive years. The company was also the only U.S. utility to be
included in CDP’s 2013 Global 500 Climate Disclosure Leadership Index
and Climate Performance Leadership Index.
In addition to the interactive
report on Exelon’s website, a downloadable PDF of the report is
available here.
About Exelon Corporation
Exelon Corporation (NYSE: EXC) is the nation’s leading competitive
energy provider, with 2013 revenues of approximately $24.9 billion.
Headquartered in Chicago, Exelon does business in 48 states, the
District of Columbia and Canada. Exelon is one of the largest
competitive U.S. power generators, with more than 35,000 megawatts of
owned capacity comprising one of the nation’s cleanest and lowest-cost
power generation fleets. The company’s Constellation business unit
provides energy products and services to approximately 100,000 business
and public sector customers and approximately 1 million residential
customers. Exelon’s utilities deliver electricity and natural gas to
more than 7.8 million customers in central Maryland (BGE), northern
Illinois (ComEd) and southeastern Pennsylvania (PECO). Follow Exelon on
Twitter @Exelon.
Copyright Business Wire 2014