Exelon is one of the nation’s largest electric and gas energy companies. It distributes electricity to more than 5.2 million customers in Illinois and Pennsylvania, and natural gas to approximately 472,000 customers in southeastern Pennsylvania. Headquartered in Chicago, Exelon trades on the NYSE under the ticker symbol EXC.
Exelon was named to the Climate Leadership Index 2006 (CLI) by the Carbon Disclosure Project (CDP) in its recently issued report on corporate carbon disclosure. The CLI informs investors about which of the Financial Times Global 500 (FT 500) companies have the most comprehensive climate change disclosure practices based on responses to a CDP questionnaire. Fifty companies were named to the CLI from the FT500 companies who responded to the questionnaire worldwide. This marks the second consecutive year Exelon was named to the CLI. Exelon was named to the Dow Jones Sustainability Indexes’ (DJSI) North America Index in 2006. DJSI are the first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. DJSI North America Index represents the top 20% in each sector of the largest 600 North American companies.
CEO: John W. Rowe; Revenues: $19.24 Billion (2010); Employees: 19,214 (2010).
Statements on Climate Change
- “At Exelon, we accept that the science of global warming is overwhelming. We accept that limitations on greenhouse gases emissions will prove necessary. Until those limitations are adopted, we believe that business should take voluntary action to begin the transition to a lower carbon future.” - John W. Rowe, President and CEO, Exelon Corporation
- Read a speech (pdf) from CEO John Rowe at US Climate Policy: Toward a Sensible Center, a dialogue co-sponsored by C2ES and the Brookings Institution held June 24-25, 2004.
Climate Change Targets
In May 2005, Exelon established a voluntary goal under the U.S. Environmental Protection Agency’s (EPA) Climate Leaders program. The company committed to reduce its GHG emissions by eight percent below 2001 levels by year-end 2008, and it far surpassed this goal by reducing emissions by more than 35% by 2009. It has set a new goal of reducing, offsetting, or displacing more than 15 million metric tons of greenhouse gas emissions per year by 2020.
Climate and Energy Strategies
Technology Solutions (C2ES's Climate Techbook Factsheets)
Relevant Links: Exelon Company Web Site, Exelon Environment Web Site, Exelon Corporation 2011 Sustainability Report, Exelon 2020 Roadmap