Constellation Energy Named Leader in Corporate Sustainability
October 07 2005 - 9:51AM
PR Newswire (US)
BALTIMORE, Oct. 7 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE:CEG) today announced that it has been named to the Dow Jones
Sustainability North America Index (DJSI), which tracks the
financial performance of companies that demonstrate excellence in
economic, environmental and social leadership. Inclusion on the
index is based on a thorough evaluation of a company's business
practices, such as corporate governance, environmental impact,
supply chain standards, human capital development and labor
practices. Launched in Sept. 2005, the DJSI North America includes
leading companies from the United States and Canada representing
eighteen industry sectors. "The fact that Constellation Energy is
among just eight utilities in the index of more than 100 companies
is a testament to our disciplined, best-in- class management
practices and strong corporate governance," said Paul J. Allen,
senior vice president of corporate affairs for Constellation
Energy. "As a leading North American energy company, we're
committed to providing a safe and rewarding workplace for our
employees, supporting the communities in which we live and work,
and being strong stewards of the environment. Our presence on the
Dow Jones Sustainability Index provides our employees, communities
and investors with added assurance that we are, in fact, living
these values." Constellation Energy also is listed on the Dow Jones
Sustainability United States Index, which is a subset of the DJSI
North America. The Dow Jones Sustainability Indexes were launched
in 1999 as the first global stock indexes to track the financial
performance of the leading sustainability-driven companies,
providing asset managers with reliable and objective benchmarks to
evaluate corporate citizenship. Constellation Energy
(http://www.constellation.com/), a FORTUNE 200 company based in
Baltimore, is the nation's largest competitive supplier of
electricity to large commercial and industrial customers and the
nation's largest wholesale power seller. Constellation Energy also
manages fuels and energy services on behalf of energy intensive
industries and utilities. It owns a diversified fleet of more than
100 generating units located throughout the United States, totaling
approximately 12,000 megawatts of generating capacity. The company
delivers electricity and natural gas through the Baltimore Gas and
Electric Company (BGE), its regulated utility in Central Maryland.
In 2004, the combined revenues of the integrated energy company
totaled $12.5 billion. DATASOURCE: Constellation Energy CONTACT:
Media: Robert L. Gould or Angelique Rewers, +1-410-234-7433, or
Investor: Kevin Hadlock, +1-410-783-3647, all for Constellation
Energy Web site: http://www.constellation.com/ Company News
On-Call: http://www.prnewswire.com/comp/084087.html
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