Exelon Named to Fortune’s Utmost Respected Companies List
Exelon Corporation (Nasdaq EXC), the nation’s premier transmission and distribution mileage company, has been named to Fortune magazine’s list of the World’s Utmost Respected Companies. Fortune ranks enterprises on criteria from investment value and quality of operation and products to social responsibility and capability to attract gift.
“ This distinction is a reflection of the commitment of Exelon’s workers to powering a cleaner and brighter future for our 10 million guests in communities served by our six serviceability,” said Chris Crane, chairman and CEO of Exelon. “ I appreciate that their sweats have been honored over the course of the last 15 times on this list, a solid foundation on which to continue stylish-in- class operations, contemporize the grid for safe, clean and affordable energy choices, deliver world- class client gests and support more indifferent communities.”
In this time’s ranking, Exelon scored loftiest in the commercial social responsibility and invention orders. The company is concentrated on leading in Environmental, Social and Governance (ESG), constantly applying innovative approaches to achieve ESG results. One illustration of coupling commercial social responsibility with invention is Exelon’s$ 20 million, 10- time Climate Change Investment Initiative (2c2i) to drive investment in arising technologies that support clean energy transition and adaptability. 2c2i complements Exelon’s Path to Clean commitment to reduce enterprise-wide operations- driven emigrations by 50 percent by 2030 and to achieve net- zero by 2050, while championing for and investing in emigrations reductions to support clean energy pretensions.
Exelon is helping bridge the gender and ethnical gap in STEM careers with the periodic Exelon Foundation STEM Leadership Academy in Philadelphia, Chicago, Baltimore, and Washington,D.C. The lately launched Green Lab Subventions program will give$ 1 million in subventions of over to$ each for seminaries and educational nonprofits to produce and refresh spaces for STEM education.
Investments at the six Exelon serviceability — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco — empower guests to share in programs and access technology that helped them save22.3 million MWh of energy in 2020 alone. Exelon is enabling the installation of further than domestic, marketable, and/ or mileage- possessed electric vehicle charging anchorages in Maryland, Delaware, Virginia, and the District of Columbia.
In addition to earning recognition by Fortune, Exelon has entered other honors for its sweats to promote diversity, equity and addition within the company and the community. Among those sweats is the$ 36 million Ethnical Equity Capital Fund (RECF) launched in 2021. RECF helps nonage businesses gain capital to energy growth and goad job openings in communities frequently overlooked by investors and traditional backing sources. Exelon also has further than 65 unique pool development programs designed to bring profitable equity, commission and employment occasion to under-resourced communities.
In addition to this honor, Exelon has been lately named to
. • DiversityInc’s list of the Top 50 Companies for Diversity and Addition
• Forbes’s list of Stylish Employers for Diversity
• Forbes and JUST Capital’s list of America’s Utmost Just Companies
• Human Rights Campaign’s list of Stylish Places to Work