Ambitions
- Exelon generates almost twice as much zero-carbon electricity as any other company in the U.S.
- Exelon Generation has the lowest carbon intensity among major U.S. producers, with a CO2 intensity that is 90% below the U.S. average.
- Exelon was named to the Dow Jones Sustainability Index for the 14th year in a row and in the top 20% of North American companies in all industries.
- In 2019 alone, Exelon utilities’ energy efficiency programs have helped customers save 22.3 million megawatt hours and avoid almost 8.7 million metric tons of CO2—the equivalent of the carbon sequestered by 11.3 million acres of U.S. forest in one year.
Investments
- Exelon stands with the overwhelming majority of customers who want cleaner air and affordable, reliable energy, and those core attributes guide all its investments and strategic decisions.
- The company is investing in renewables, carbon-capture solutions, battery storage, smart grid technology, and energy efficiency, among other clean technologies.
- Exelon’s six electric and gas companies are working in their communities to deploy smart grid technology, electric vehicle infrastructure, and other new tools and programs to help customers use energy more efficiently. For example, over 93.4% of electric customers now have smart meters.
- Exelon Utilities invested nearly $5.5 billion in 2019 to improve its electric distribution and transmission systems, as well as in the gas distribution business, with plans to invest an additional $26 billion across its utilities from 2020 to 2023.
- In addition to recently moving to the NASDAQ in 2019, the Exelon Foundation and Exelon Corporation launched a new $20 million Climate Change Investment Initiative (2c2i) to cultivate startups working on new technologies to reduce greenhouse gas (GHG) emissions and mitigate climate change.
- Under its third corporate GHG emissions reduction goal, Exelon will reduce internal operational emissions by 15% by 2022 with a focus on its buildings, fleet vehicles, and processes and equipment that emit GHGs (methane, SF6, CO2, and refrigerants).
- Exelon utilities plan to electrify 30% of their vehicle fleet by 2025, increasing to 50% by 2030 through a combination of fully electric vehicles, vehicles with plug-in idle mitigation units and plug-in hybrids.
Innovations
- Exelon is investing in renewables, carbon-capture solutions, battery storage, smart grid technology, and energy efficiency, among other clean technologies.
- The company is engaging partners at national labs and in the private sector that are seeking new innovations to take carbon out of our nation's energy system and other heavy industries.
For more information, visit https://www.exeloncorp.com/sustainability.
