Exelon Joins 150 Corporations in an Unprecedented Commitment to Advance Diversity and Inclusion in the Workplace
CEO Action for Diversity & Inclusion™ will improve
corporate performance, drive growth, and enhance employee engagement
CHICAGO–(BUSINESS WIRE)–Exelon President and CEO Chris Crane pledged to share best practices for
creating a diverse and inclusive workplace with some of the world’s
leading companies by joining the CEO Action for Diversity &
Inclusion™ initiative. More than 150 CEOs have signed on to the
largest CEO-driven business commitment to advance diversity and
inclusion. By signing on to this commitment, CEOs are pledging to take
action to cultivate a workplace where diverse perspectives and
experiences are welcomed and respected, where employees feel encouraged
to discuss diversity and inclusion, and where actions can be shared
across organizations via a unified hub, CEOAction.com.
“At Exelon, we know having a diverse and inclusive workplace makes us a
better company,” said Crane. “While there is still much to do, this
pledge acknowledges our strong resolve to lead the industry in this
important work.”
The CEO Action for Diversity & Inclusion™ is led by a
steering committee of CEOs and leaders from Accenture, BCG, Deloitte US,
The Executive Leadership Council, EY, General Atlantic, KPMG, New York
Life, P&G and PwC. The coalition represents more than 50 industries, all
50 of the United States and millions of employees globally. Each
signatory has committed to taking the following steps to increase
diversity and foster inclusion within their respective organizations and
the larger business community:
-
Continue to cultivate workplaces that support open dialogue on
complex, and sometimes difficult, conversations about diversity and
inclusion: Companies will create and maintain environments,
platforms, and forums where their employees feel comfortable reaching
out to their colleagues to gain greater awareness of each other’s
experiences and perspectives. -
Implement and expand unconscious bias education: Companies
commit to rolling out or expanding unconscious bias education. By
helping employees recognize and minimize any potential blind spots,
companies can better facilitate more open and honest conversations. -
Share best known—and unsuccessful—actions: Companies commit to
working together to evolve existing diversity strategies by sharing
successes and challenges with one another. This will include creating
accountability systems within their companies to track their progress
and share regular updates.
“We are living in a world of complex divisions and tensions that can
have a significant impact on our work environment. Yet, it’s often the
case that when we walk into our workplace – where we spend the majority
of our time – we don’t openly address these topics,” said Tim Ryan, U.S.
Chairman and Senior Partner of PwC and chair of the steering committee
for the CEO Action for Diversity & Inclusion™. “CEOs across
the country understand this isn’t a competitive issue, but a societal
issue, and together we can raise the bar for the entire business
community. By sharing best known actions and programs, we are helping to
create a more inclusive environment that will encourage all of us to
bring our greatest talents, perspectives, and experiences to the
workplace.”
As part of the CEO Action for Diversity & Inclusion™ launch,
Exelon has shared its best practices in the areas of retention of women
and people of color and building partnerships with diverse suppliers –
in the last year alone, the company spent close to $2 billion with
minority and women-owned business, up 42% over the prior year. In
addition to existing programing related to building a diverse and
inclusive culture, the company is planning employee sessions focused on
unconscious bias and facilitating productive dialogues on complex issues.
Exelon’s efforts to hire, retain and promote employees from a variety of
backgrounds secured the company a spot on this year’s “Top 50 Companies
for Diversity,” the national recognition from DiversityInc.
To learn more about Exelon’s innovative workplace policies and
practices, visit exeloncorp.com/careers
About Exelon
Exelon Corporation (NYSE: 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 2016
revenue of $31.4 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 2.2 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100. Follow
Exelon on Twitter @Exelon.
About CEO Action for Diversity & Inclusion™
CEO Action for Diversity & Inclusion™ is the largest
CEO-driven business commitment to advance diversity and inclusion within
the workplace. Bringing together more than 150 CEOs of America’s leading
organizations, the commitment outlines actions that participating
companies pledge to take to cultivate a workplace where diverse
perspectives and experiences are welcomed and respected, employees feel
comfortable and encouraged to discuss diversity and inclusion, and where
best known—and unsuccessful—actions can be shared across organizations.
Learn more at CEOAction.com
and connect with us on Facebook: CEO
Action for Diversity & Inclusion and Twitter: @CEOAction.
Contacts
Exelon Corporation
Rhea Lewis Marshall, 202-637-0780
rhea.marshall@exeloncorp.com
