BALTIMORE (June 25, 2024) — Constellation (Nasdaq: CEG), the nation’s largest producer of carbon-free energy, released its 2024 Sustainability Report today, highlighting the company’s sustainable business strategy focused on accelerating the nation’s transition to a carbon-free energy future, responding to the climate crisis and delivering long-term value for customers, communities, employees and shareholders. The report details key progress in the company’s work to lead the clean energy transition by providing the most important commodity in the world today – energy that is emissions-free and always on. The report also details Constellation’s efforts to support the sustainability goals of customers seeking to reduce their own carbon footprints, as well as initiatives to strengthen and support local communities, particularly those historically underserved, to ensure the benefits of clean, reliable and affordable energy are shared by all.
Recently named to the Fortune 200 for the second consecutive year, Constellation and its approximately 14,000 employees, backed by the nation’s largest zero-emissions nuclear fleet, safely generated about 10% of the country’s clean energy last year. In addition, Constellation continues to add reliable, clean energy to the grid by seeking license extensions for existing plants and installing new equipment to increase the output of its emissions-free nuclear and renewable fleet. The landmark Inflation Reduction Act helped stabilize the nuclear energy industry and set the table for continued investment in the existing nuclear fleet, while policymakers on both sides of the aisle, other key stakeholders and the majority of Americans increasingly support nuclear energy and recognize its role in meeting demand for a growing economy.
“Leading America’s clean energy transition and reliably meeting our nation’s growing energy needs for everything from transportation and heavy industry to the booming data economy is an enormous responsibility,” said Joe Dominguez, president and CEO, Constellation. “That’s why we’re focused on helping our customers achieve their sustainability goals, advocating for sound policies to advance the clean energy transition, and ensuring Americans of all backgrounds benefit from our investments in workforce development, philanthropy and small and diverse businesses across the communities we serve.”
A few highlights of the report include:
Constellation will report additional details on positive economic and community impacts in its forthcoming inaugural DEI and Economic Impact reports. Stay tuned to constellationenergy.com and Constellation’s social media platforms for updates.
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About Constellation
A Fortune 200 company headquartered in Baltimore, Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of clean, emissions-free energy and a leading supplier of energy products and services to businesses, homes, community aggregations and public sector customers across the continental United States, including three fourths of Fortune 100 companies. With annual output that is nearly 90% carbon-free, our hydro, wind and solar facilities paired with the nation’s largest nuclear fleet have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation’s clean energy. We are further accelerating the nation’s transition to a carbon-free future by helping our customers reach their sustainability goals, setting our own ambitious goal of achieving 100% carbon-free generation by 2040, and by investing in promising emerging technologies to eliminate carbon emissions across all sectors of the economy. Follow Constellation on LinkedIn and X.
If you are a member of the media, please contact:
667-218-7700
Paul Adams
paul.adams@constellation.com
David Snyder
david.snyder@constellation.com
Dec 03, 2024
Nov 21, 2024
