Constellation Energy's philanthropic leadership and community commitment
recognized by United Way
BALTIMORE, May 2 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:
CEG) today announced that it has been named to United Way's National
Corporate Leadership (NCL) program in recognition of the company's
philanthropic leadership and long-standing partnership with United Way.
"Constellation Energy has been supporting the United Way for more than
80 years, and we welcome the opportunity to increase our participation by
joining forces with a select group of charitable leaders under United Way's
National Corporate Leadership program," said Mayo A. Shattuck III,
chairman, president and chief executive officer of Constellation Energy.
"Membership in the program enhances Constellation Energy's United Way
partnership by cultivating strong philanthropic relationships with national
and global corporations and broadening our involvement beyond our annual
giving campaign. We look forward to expanding our commitment to providing
valuable support within our local communities."
Constellation Energy employees embrace the company's culture of giving
back to the community and support United Way's efforts to create meaningful
changes in people's lives and to build stronger communities. In 2007,
Constellation Energy and its employees contributed $5.1 million to United
Way campaigns where it has operations, distinguishing the company as the
largest corporate contributor to United Way campaigns in Central Maryland,
Calvert County, Md., and Greater Oswego County, N.Y. Constellation Energy
employees also volunteered more than 1,000 hours of their time to United
Way-sponsored fundraising and community outreach programs.
Through the NCL program, Constellation Energy will enhance its
involvement with United Way by leveraging program benefits such as
increased communication with local United Ways, campaign planning
assistance, benchmarking techniques and networking and performance
comparison opportunities with the 125 major corporations who are part of
the program.
United Way NCL program members are national and global corporations
that have 10,000 or more employees and national workplace giving campaigns.
NCL member campaigns must total at least $2.5 million, with at least $1.5
million dedicated to United Way's community impact work. NCL members also
partner with United Way beyond the workplace giving campaign, through
volunteerism and other initiatives.
"Constellation Energy has been a long-standing and valued partner with
United Way in communities across the country," said Brian Gallagher,
president and chief executive officer of United Way of America. "We are
excited to welcome Constellation Energy as a United Way National Corporate
Leader and extend our partnership to the national level where we will
continue to work together to create opportunities for a better life for all
people."
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 Contacts: Robert L. Gould or Debra
Larsson, +1-410-470-7433, both of Constellation Energy
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