Con Edison Development Environmental Stewardship
By targeting renewable asset development and operating energy assets in an environmentally responsible manner, Con Edison Development helps build the leadership position of Consolidated Edison Inc. (Con Edison) in the industry and enhances its reputation as a responsible steward of the environment.
Con Edison has earned recognition from the international Carbon Disclosure Project (CDP) for several years running for the company's carbon emission reduction and carbon disclosure efforts. In the 2011 rankings, Con Edison placed first among utilities in the S&P 500 Carbon Disclosure Leadership Index, and was the only utility recognized in the S&P 500 Carbon Performance Leadership Index for its successful reduction of greenhouse gas emissions.
Con Edison was named once again to the Dow Jones Sustainability Index for its financial performance, environmental initiatives, and social responsibility. Through its energy-efficiency programs, the company encourages customers to use less energy, and provides rebates for customers to use energy-efficient equipment.
Con Edison is the greenest utility company in the United States, according to Newsweek magazine's 2011 Green Rankings. The rankings, which can be found at www.newsweek.com/green, were based on the magazine's ratings of a company's environmental impact, environmental management and disclosure. Newsweek developed a "Green Score" for each of the 500 largest publicly traded companies in the United States, and Con Edison scored highest among the 30 utilities rated.
"Con Edison Development supports our core corporate values of environmental leadership, sustainability and responsibility," said Senior Vice President and COO Mark Noyes. "This is a simple, straightforward policy that serves shareholder, employee, and customer interests equally, as well as our national interest."