CHICAGO--(BUSINESS WIRE)--Exelon’s efforts to hire, retain and promote employees from a variety of backgrounds and to create an inclusive culture secured the company 32nd place on DiversityInc’s list of the Top 50 Companies for Diversity and Inclusion. Exelon moved up 15 positions in the rankings compared with 2017 as a result of continued focus on diversity and inclusion, including its work with the United Nations Women HeForShe campaign and the Billion Dollar Roundtable, an exclusive group of U.S. corporations that have achieved $1 billion or more in annual, direct spending with minority and women-owned businesses.
“Our employees’ diverse backgrounds lead to greater innovation, market competitiveness and better solutions for our customers,” said Chris Crane, Exelon’s President and CEO. “We are proud to be included among such an elite group of companies, and being recognized by DiversityInc for a fourth year reaffirms that we are fulfilling our commitment to our employees.”
The DiversityInc Top 50 list, issued yearly since 2001, recognizes the nation’s top companies for diversity and inclusion management. It is an empirically driven ranking based on recruitment, talent development, senior leadership commitment and supplier diversity. The winning companies excel in areas such as hiring, retaining and promoting women, minorities, people with disabilities, LGBTQ and veterans.
"Successful leaders hold themselves accountable to be culturally competent, a skill that requires constant learning,” said Luke Visconti, founder and CEO of DiversityInc. “DiversityInc Top 50 Companies have a metrics-evidenced ability to treat people more fairly than other large companies. They also have a greater-than-average return for their shareholders."
Exelon is committed to diversity and inclusion across its business. In 2017, the company joined the HeForShe campaign, pledging to invest $3 million from the Exelon Foundation in STEM programs for young women and girls and to improve the company’s retention of women by 2020. This follows Exelon’s decision in 2016 to support employees by expanding its family leave policy and joining over 100 like-minded companies in signing the White House Equal Pay Pledge. Each member of Exelon’s Executive Committee is responsible for developing an annual Diversity and Inclusion plan, and approximately 60 company leaders have participated in a learning lab designed to develop inclusive leadership skills and to build diverse partnerships. Exelon companies and the Exelon Foundation donated more than $52 million to nonprofits nationwide in 2017, with 80 percent dedicated to organizations supporting diverse populations.
To learn more about Exelon’s innovative workplace policies and practices, visit exeloncorp.com/careers.
About Exelon Corporation
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 2017 revenue of $33.5 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 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Follow Exelon on Twitter @Exelon.
The mission of DiversityInc is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, when many corporations were beginning to understand the business value of diversity-management initiatives. The 2018 Top 50 Companies for Diversity results will be featured on DiversityInc.com and in DiversityInc magazine. DiversityInc is a VA certified veteran-owned business and a USBLN certified business owned by a person with a disability. For more information, visit www.diversityinc.com and follow us on Facebook, Twitter and LinkedIn @DiversityInc.