Exelon Joins 150 Corporations in an Unprecedented Commitment to Advance Diversity and Inclusion in the Workplace
June 12 2017 - 8:15AM
Business Wire
CEO Action for Diversity &
Inclusion™ will improve corporate performance, drive growth,
and enhance employee engagement
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.
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Exelon CorporationRhea Lewis Marshall,
202-637-0780rhea.marshall@exeloncorp.com
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