Business Wire | Dec. 20, 2016
Exelon announced today it has been named America’s “Most Just” company in the utilities industry, according to JUST Capital and Forbes magazine’s inaugural “JUST 100” List. The list ranks companies in the U.S. based on criteria cited as most important in a survey of 50,000 Americans over an 18-month period on attitudes toward corporate behavior.
Publicly traded companies in the U.S. were ranked against their peers in 32 major industries on criteria such as fair pay, equal opportunity employment, job creation, workplace safety, compliance with laws and regulations, and respect for employees.
“At Exelon, our mission to provide reliable, clean and affordable energy starts with our dedication to our employees, customers and the communities we serve,” said Chris Crane, president and CEO of Exelon. “This recognition demonstrates that our commitment to providing a safe, inclusive workplace and treating our employees with respect really resonates in the communities in which we live and work.”
JUST Capital conducted its survey in partnership with NORC at the University of Chicago, an independent research institution that delivers data and rigorous analysis to guide programmatic, business and policy decisions. JUST then evaluated the performance of more than 890 publicly traded companies against the priorities that emerged in the survey and created a ranking model to develop the JUST 100. This selection of companies draws from the Russell 1000 Index, which represents more than 90 percent of the U.S. stock market value.
“The JUST 100 celebrates the best of American business,” said Martin Whittaker, CEO of JUST Capital. “These amazing companies show that in America today, the best companies do right by all their stakeholders – and by listening to the voice of the American people. We salute all of the JUST 100 companies and look forward to working with them to help more companies understand that JUST behavior and commercial success can go hand-in-hand.”
The inaugural JUST 100 list is included in Forbes magazine’s “Impact and Philanthropy” issue published today. It can also be found at www.forbes.com/just100.
Exelon Corporation (EXC) is a Fortune 100 energy company with the largest number of utility customers in the U.S. Exelon does business in 48 states, the District of Columbia and Canada and had 2015 revenue of $34.5 billion. Exelon’s six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Exelon is one of the largest competitive U.S. power generators, with more than 32,700 megawatts of nuclear, gas, wind, solar and hydroelectric generating 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 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
About JUST Capital
The JUST Capital Foundation (justcapital.com) is an independent nonprofit 501(c)(3), founded in 2013, that is establishing the definitive source of information and rankings on how large publicly traded corporations measure up against the American people’s definition of JUST business behavior. The organization’s mission is to leverage the power of the markets to drive positive change on the issues Americans care most about. Chaired and co-founded by Paul Tudor Jones II, and led by a staff with a breadth of finance, social sector, and technology experience, the Foundation’s board includes Ray Chambers, Jeff Walker, Marc Morial, Ann Veneman, Dan Hesse, Deepak Chopra, and Arianna Huffington, amongst others.
About Forbes Media
Forbes Media is a global media, branding and technology company, with a focus on news and information about business, investing, technology, entrepreneurship, leadership and affluent lifestyles. The company publishes Forbes, Forbes Asia, and Forbes Europe magazines as well as Forbes.com. The Forbes brand today reaches 98 million people worldwide with its business message each month through its magazines and 37 licensed local editions around the globe, Forbes.com, TV, conferences, research and social and mobile platforms. Forbes Media’s brand extensions include conferences, real estate, education, financial services and technology license agreements.
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