BALTIMORE, March 6 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that it has been named to Corporate
Responsibility Officer (CRO) Magazine's 100 Best Corporate Citizens list,
acknowledging excellence in corporate responsibility.
"Being recognized among the leaders for corporate social responsibility
is a tremendous accomplishment for Constellation Energy," said Mayo A.
Shattuck III, chairman, president and chief executive officer of
Constellation Energy. "We take our commitment to responsible and excellent
corporate citizenship in all facets of our business very seriously. Being
included in CRO's ranking of the top 100 Best Corporate Citizens affirms
that we are focused on doing the right things to make meaningful
contributions to our employees, customers, partners, investors and our
communities."
In partnership with IW Financial -- a Portland, Maine, research and
consulting firm specializing in environmental, social and governance issues
-- CRO ranked the corporate responsibility efforts of large-cap companies
from the Russell 1000 index in eight categories: climate change, employee
relations, environment, financial, governance, human rights, lobbying and
philanthropy. CRO then determined the final ranking as a weighted average
of these eight categories. With transparency being such an important
component of corporate responsibility, IW Financial relies on publicly
available data from company financial disclosures, sustainability,
environment and citizenship reports, Web sites, Environmental Protection
Agency databases and a number of other sources as part of its standardized
research processes.
The 2008 list of the 100 Best Corporate Citizens marks the ninth year
in publication. A complete list of CRO's 100 Best Corporate Citizens is
available on the CRO's Web site (http://www.thecro.com).
Constellation Energy (http://www.constellation.com), a FORTUNE 125 company
with 2007 revenues of $21 billion, 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 78 generating units located
throughout the United States, totaling approximately 8,700 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.
SOURCE Constellation Energy
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Related links:
http://www.constellation.com/
http://www.prnewswire.com/comp/084087.html /
CONTACT:
Media, Robert L. Gould or Debra Larsson,
+1-410-470-7433; Investors, Kevin Hadlock, +1-410-470-3647 or
Janet Mosher, +1-410-470-1884, all of Constellation Energy
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