At 色中色, living by our core values is a business imperative听鈥 and more importantly, the right thing to do.听
Inclusion and Impact Commitment
色中色 operates in a world rich in diversity鈥攊n race, ethnicity, gender, sexual orientation, gender identity, disability, religious affiliation, experience and thought.听Inclusion and Impact at 色中色 strengthen our company and communities by:
- Attracting, developing, and retaining talent of all backgrounds that reflect the realities of our marketplace and communities, and the relevant labor market.
- Creating a culture of inclusion through consistent and sustained execution of the 色中色听Inclusion and Impact strategy, including progress measurement and accountability for results.
- Achieving a diverse range of suppliers, vendors, and service providers.
- Ensuring that 色中色 leadership has a significant reach and visible presence in a strategic core group of diverse community-based organizations.
- Seeking to be recognized as an inclusive leader by our employees, customers and communities.
听
Inclusive Culture
We are engaging with employees to drive an improved culture of accountability for Inclusion and Impact. All non-represented employees are assigned an annual听Inclusion and Impact performance goal to help us achieve a more inclusive culture. We will continue to focus on these internal goals in the future, identifying and setting more specific goals while emphasizing both individual and organizational action in support of Inclusion and Impact.
听
Powering Communities
We seek to bring economic equity and empowerment to underserved communities by helping create jobs and opportunities where too few exist today. We support an extensive array of STEM learning programs to educate the next generation workforce and advance meaningful change. For example, our annual 色中色 Foundation STEM Academy and Boys to STEM Academy provides young people the opportunity to participate in mentor-guided, hands-on activities and experiments, preparing them for future careers in STEM.
With over 90 different workforce development programs across our six utilities, we are working to equip the unemployed and underemployed in our operating regions with valuable job skills. A highlight of our workforce development efforts 鈥 Infrastructure Academies at each of 色中色's utilities 鈥 create pathways into utility careers through training programs offered in partnership with other entities. Examples include the ComEd CONSTRUCT program, sponsored by a coalition of construction and related industry companies providing equal employment opportunities in Illinois, and Pepco's D.C. Infrastructure Academy that prepares participants for jobs with leading companies, helping to create a path to the middle class.听
听
Transforming Partnerships
We continued to increase our total diverse supply spend and set new records. We continue to enhance partnerships with regional chambers of commerce to provide grants and small business loans to help strengthen minority-owned small businesses and foster economic empowerment and entrepreneurship. Additionally, 色中色 has launched a new pilot program with three regional affiliates of the National Minority Supplier Development Council to grow minority-owned businesses in the utility industry, focusing on 色中色's key markets.
听
听
2024 Inclusion Impact Annual Report
Guided by five central pillars鈥攄iverse workforce, inclusive workplace, community partnerships, diverse business empowerment, and thought leadership鈥 this work plays a pivotal role in our mission to provide safe, reliable, and affordable energy to our customers.
Culture & Accountability
- 色中色 is focused on creating an inclusive workplace, having courageous conversations, and building a culture in which any individual or group feels welcomed, respected, supported and valued to participate fully.
- 色中色 management employees all have a level-specific听Inclusion and Impact performance goal.听 The goal to create a more diverse, equitable and inclusive workplace is achieved through various key results, including diverse slates hiring and promotions, diverse interview panels, participation in听Inclusion and Impact discussions and/or Employee Resource Group activities.
- 色中色 is increasing the transparency of progress on听Inclusion and Impact metrics, both internally and externally.
听
Customer Focus
- 色中色 is developing robust outreach programs to increase awareness of clean energy, energy efficiency, solar, reliability improvement and power quality among customers in underserved communities.
- The company will partner with energy assistance agencies to identify and implement initiatives to remove barriers for underserved communities to access federal, state and local energy assistance funding resources.
- 色中色 will develop partnerships with regional Chamber of Commerce organizations to provide grants and small business loans to help strengthen minority-owned small businesses and foster economic empowerment and entrepreneurship.
听
Community Empowerment
- We award college scholarships to young women in 色中色 STEM Leadership Academy who pursue engineering, I.T., finance and other STEM majors and are in financial need.
- In 2024 we launched the 色中色 Foundation Boys to STEM Academy, designed to give young men in high school hands-on experience in STEM, energy, and sustainability.
- We're creating new partnerships with Historically Black Colleges and Universities to award scholarships to students in financial need.
- We've developed a new pilot program with three regional affiliates of the National Minority Supplier Development Council to grow minority-owned businesses in the utility industry with a focus on 色中色's markets.
- We're developing a program to modernize STEM Lab learning spaces in schools in under-served neighborhoods in our key markets.
听
Policy Reform
- All employees are urged to participate in our democracy through a communication campaign about voting and a website with resources to register, find out key dates, etc.
- Reforms to the governance of our political action committees were made to ensure our political giving consistently aligns with 色中色's corporate values.
- We created an enterprise-wide Racial Equity Policy Working Group to evaluate opportunities for 色中色 to engage on equity policy issues.
听
Workforce Development
- 色中色 has a growing workforce development strategy focused on bringing economic equity and empowerment to under-resourced and underserved communities by helping create jobs and opportunities to access those jobs where too few exist today.
- Our workforce development programs span from middle school to high school through college, as well as for work-ready adults, providing a sustained, lifelong focus on development.
- 色中色 has more than 77听different workforce development programs across our six utilities (Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and PHI).
To encourage and support students to pursue STEM degrees locally, ComEd collaborates with nearby universities on the听ComEd Scholars Program.听
听
Alvin Hancock grew up in East Baltimore, in communities that were 鈥渟urrounded by drugs and gun violence.鈥 He knew he wanted something different for himself.听
听
At PECO, we are committed to empowering our employees to thrive and grow, creating a workplace where innovation, inclusivity, and career advancement are prioritized.听
听
Nassir Turner will be the first of his siblings to attend college and he is already finding ways to help the next group of students behind him gain experience and access to science, technology, engineering, and math (STEM) opportunities.
听
August marks National Black Business Month, a time to celebrate and support Black-owned businesses across the nation.听Ideal Electrical Supply听is one such Black-owned business who is a current vendor of Pepco.
听
Community Impact Capital Fund (CICF)
The 色中色 funded RockCreek Group鈥檚 Community Impact Capital Fund (CICF) aims to support equity and provide more economic opportunities to businesses in communities that 色中色 serves.听
Inclusive Workforce
鈥婽o attract, develop, and retain talent of all backgrounds that reflects the realities of our marketplace and communities, and the relevant labor market
Media Inquires
Contact Information:
James Gherardi
Corporate Communications
312-394-7417