BALTIMORE (Feb. 21, 2024) — Constellation (Nasdaq: CEG), the nation’s largest producer of carbon-free energy, has been named to JUST Capital’s “JUST 100,” recognizing the company for its commitment to serving its employees, customers, communities, the environment and shareholders.
“Earning a spot in the JUST 100 validates both the progress we’re making in achieving our purpose of accelerating the transition to a carbon-free economy and the emphasis we place on fostering an inclusive culture for our 13,000 employees,” said Kathleen Barrón, executive vice president and chief strategy officer, Constellation. “Our team is driven by our mission to generate clean and reliable energy, help our customers on their sustainability journeys, lift up our communities and deliver value for our shareholders.”
Released earlier this month, the rankings measure how the nation’s largest corporations are performing on the business issues that matter most to Americans. The 20 distinct criteria — which include paying a fair, living wage, creating jobs in the U.S., supporting workforce retention and training, providing benefits and work-life balance, protecting customer privacy, minimizing pollution and more — are defined annually by an extensive nationwide polling process. The top 100 companies are determined by scoring performance across the full range of criteria and comparing companies head-to-head.
“American capitalism has to work for more Americans. For this to happen, the private sector, and especially big corporations, must take the lead in creating value for all their stakeholders,” said Martin Whittaker, CEO, JUST Capital. “That’s exactly what the JUST 100 are doing. They show that just business is better business.”
For the 10th consecutive year, Constellation was the nation’s largest producer of clean, carbon-free energy and boasted the lowest rate of carbon dioxide emissions among the 20 largest private, investor-owned power producers in the United States, according to an independent analysis based on publicly reported 2021 air emissions data. The company continues to invest in and expand its fleet of carbon-free generation by:
Constellation’s suite of commercial clean energy solutions helped its large business customers, several of whom were also ranked in the JUST 100, advance their own sustainability and climate goals. In 2023, Constellation began offering its hourly carbon-free energy (CFE) matching product, which matches customer energy use with clean energy produced at the time and place it is needed. Microsoft, which helped design the technology to achieve hourly matching, and Chicago utility ComEd, are among the first customers to leverage the product to reach actual zero emissions for their operations.
Constellation also delivered significant community impact on 2023, contributing $18.7 million in combined philanthropic giving in support of more than 4,400 charities nationwide. Its employees logged more than 102,000 volunteer service hours in 2023.
The company also advanced its signature workforce development initiative, Powering Change, in which it partners with regional and national nonprofit organizations dedicated to breaking down employment barriers for people in historically underserved and underrepresented communities. Its inaugural Youth Energy Summit and longstanding Energy to Educate grant program collectively helped to bring STEM education and exploration of energy careers to thousands of students nationwide.
Constellation, which was certified by Great Place To Work® in 2023, also received the Community Partnership Award from The Center for Energy Workforce Development (CEWD) for its work in building a skilled energy workforce that represents the diverse communities it serves.
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Apr 22, 2024
