NEW YORK, NY--(Marketwire -09/09/11)- Con Edison has been named to the Dow Jones Sustainability Index for a third straight year, a tribute to the company's financial performance, environmental initiatives, and social responsibility.
The company was named to the Dow Jones Sustainability North America Index.
Sustainable Asset Management of Zurich, Switzerland, and Dow Jones Indexes compile the Sustainability Index each year. The listing recognizes the companies that take a best-in-class approach for managing long-term sustainable performance.
"Our listing on the Dow Jones Sustainability Index is important to us because it's based on performance in areas that we have identified as priorities," said Randolph S. Price, vice president of Environment, Health and Safety at Con Edison. "Our stakeholders, the environment and the long-term health of our company are at the heart of everything we do and every decision we make."
Con Edison announced earlier this year that it lowered its greenhouse gas emissions 35 percent since 2005. The company said it expects its carbon footprint to shrink further as it shifts to greater use of natural gas at its steam-generation plants.
The company is also focused on improving its safety performance and helping customers use energy wisely and efficiently.
The global Carbon Disclosure Project (CDP) ranked Consolidated Edison, Inc. No. 1 among all S&P 500 companies in its 2010 Carbon Disclosure Leadership Index, as well as No. 1 among utilities in the CDP's new Carbon Performance Leadership Index. Consolidated Edison, Inc. also has been recognized for its environmental performance by the U.S. Environmental Protection Agency, the U.S. Department of Energy and other organizations.
For additional financial, operations and customer service information, visit us on the Web at www.conEd.com, at our green site, www.coned.com/thepowerofgreen, or find us on Facebook at Power of Green.