BALTIMORE (July 27, 2022) — Constellation, the nation’s largest producer of carbon-free energy and a leading supplier of energy products and services, announced today that it is delivering on its commitment to provide 100 percent of its commercial and industrial customers with customized data to help them measure and reduce their carbon emissions impact.
The customer reports are part of Constellation’s industry-leading 100/100/100 climate pledge, which includes:
Constellation currently produces 10 percent of all clean energy on the grid in the U.S. with its zero-carbon fleet of nuclear, solar, wind and hydro power plants.
“It’s not enough that we eliminate emissions from Constellation’s business – we need to help our customers do the same if we are going to truly lead the transition to clean energy,” said Jim McHugh, chief commercial officer, Constellation. “A pivotal step for businesses in this journey is helping them better understand their energy consumption and resulting carbon emissions. These customized reports will serve as an invaluable tool to educate our customers and urge them to take additional actions to reduce the carbon impact of their operations.”
The reports (see sample) will feature customer-specific information on Scope 1 and Scope 2 emissions for facilities receiving power and/or gas supply from Constellation.
To make it easier for customers to visualize and understand their climate impact, the reports compare the number of miles an average passenger vehicle would have to travel to equal the customer’s carbon emissions. The reports will also highlight ways customers can transition to clean energy, reduce their carbon footprint and become more sustainable.
The reports are being introduced at a time when business leaders and local governments are increasingly focused on doing their part to combat climate change. About 60 percent of Fortune 500 companies, 600 local governments and 25 states have already announced climate and energy goals or action plans. The federal government also plans to procure 100 percent carbon-free electricity by 2030 on a net annual basis, with 50 percent carbon-free on a 24/7 basis.
Constellation will begin distributing the reports in late August, with all of its commercial and industrial customers – including three-fourths of the Fortune 100 – expected to receive their customized reports by the end of 2022.
Among its other climate initiatives, Constellation has partnered with Microsoft on the development of a 24/7/365 carbon-free energy matching technology that will help customers achieve true zero emissions, as opposed to the current practice of annualizing renewable energy certificates and credits. The product will match a customer’s energy needs with local, carbon-free energy sources on an hour-by-hour basis.
About Constellation
A Fortune 200 company headquartered in Baltimore, Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of clean, emissions-free energy and a leading supplier of energy products and services to businesses, homes, community aggregations and public sector customers across the continental United States, including three fourths of Fortune 100 companies. With annual output that is nearly 90% carbon-free, our hydro, wind and solar facilities paired with the nation’s largest nuclear fleet have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation’s clean energy. We are further accelerating the nation’s transition to a carbon-free future by helping our customers reach their sustainability goals, setting our own ambitious goal of achieving 100% carbon-free generation by 2040, and by investing in promising emerging technologies to eliminate carbon emissions across all sectors of the economy. Follow Constellation on LinkedIn and X.
If you are a member of the media, please contact:
667-218-7700
Paul Adams
paul.adams@constellation.com
David Snyder
david.snyder@constellation.com
Dec 12, 2024
Nov 21, 2024
