Diversity, Equity and Inclusion

We further enhanced our focus on DEI by establishing a company-wide Racial Equity Task Force with executive leadership. The task force reinforces individual and organizational accountability in Exelon's culture through annual performance goals, hiring practices and increased transparency. It also supports advocacy for more equitable government policies and is undertaking a review to ensure that our political and political action committee (PAC) contribution practices reflect our values. For customers, the task force is developing outreach programs for our underserved communities to drive awareness of, and access to, reliable and clean energy, energy efficiency and solar. The task force also establishes partnerships with energy assistance agencies that will facilitate customers' access to federal, state and local energy assistance funding. The task force is focused on five key areas:
 

• Exelon 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.
  
• Exelon management employees all have a level-specific DEI performance goal.  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 DEI discussions and/or Employee Resource Group activities.
  
• Exelon is increasing the transparency of progress on DEI metrics, both internally and externally.
   

• Exelon 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.
• Exelon 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.

• We award college scholarships to young women in Exelon STEM Leadership Academy who pursue engineering, I.T., finance and other STEM majors and are in financial need.
  
• 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 Exelon's markets.
• We're developing a program to modernize STEM Lab learning spaces in schools in under-served neighborhoods in our key markets.

• 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 Exelon's corporate values.
• We created an enterprise-wide Racial Equity Policy Working Group to evaluate opportunities for Exelon to engage on equity policy issues.

• Exelon 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.
• Exelon has more than 77 different workforce development programs across our six utilities (Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and PHI).