At Con Edison, our focus on our business, environmental, and community value is the foundation of our company strategy and the day-to-day activities of our employees. This annual sustainability report is our opportunity to share with our stakeholders our performance in areas that impact our long-term success as well as a look forward at how we plan to drive success in the future. This year, we’re focused on the numbers that help tell our sustainability story and help measure our progress toward a stronger company, healthier environment, and brighter future for everyone we serve.
At Con Edison, our focus on our business, environmental, and community value is the foundation of our company strategy and the day-to-day activities of our employees. This annual sustainability report is our opportunity to share with our stakeholders our performance in areas that impact our long-term success as well as a look forward at how we plan to drive success in the future. This year, we’re focused on the numbers that help tell our sustainability story and help measure our progress toward a stronger company, healthier environment, and brighter future for everyone we serve.
We invested $2.3 billion to keep our electric, gas, and steam systems reliable, resilient, and secure
We avoided 43,000 customer interruptions by making our energy delivery systems more resilient
We completed a $16.2 million substation, and improved our outage map to include storm information
We lowered steam customer bills by up to 12%
We gave nearly $8 million in charitable contributions to fund local programs
Our employees participated in over 605,000 hours of skills-based, leadership, and e-learning training
We increased shareholder dividend for the 41st consecutive year, to $2.60 per share
We entered the wind power market with projects in Ohio, Nebraska, and South Dakota
We connected more than 180 MW of distributed electric generation
We’re more than halfway through our $1 billion plan to strengthen against changing weather patterns
We enrolled 1,185 participants in demand response programs, achieving 345 MW of load reduction
Converted nearly 1,500 large city buildings from oil to gas, and replaced nearly 65 miles of gas main
We’ve outdone our five-year OSHA rate goal, obtaining a 1.32 rate through year end
We added solar farms in California, Nevada, and Texas
Con Edison’s annual Sustainability Report provides us the opportunity to transparently report to our stakeholders on our commitment to sustainability as we strive to prepare our company and communities for the future.
All five Con Edison, Inc. companies share a dedication to outstanding, reliable service for customers while meeting the challenges of a fast-paced, changing market. To best meet these challenges, our employees, retirees, offices, vendors and assets are in nearly every state. As the nation’s sixth leading solar producer, we have solar facilities coast to coast, from Massachusetts to California. We expanded our reach in the Midwest with new wind projects in Nebraska and South Dakota. For almost 200 years, we have served the world’s most dynamic and demanding city with electric, gas and steam. Our current broad reach is supportive of our sustainability strategy – a commitment to environmental excellence – and the smart, long-term investments that keep our company strong and ready for new opportunities.
Con Edison has been committed to the concepts of sustainability for over two decades – we have learned from our challenges and are proud of our successes. We recognize that sustainability is a journey, and while we have achieved much, we continue to look for ways to improve and meet the needs of our stakeholders.
TimelineIn 2014, Con Edison volunteers gave more than 7,300 volunteers hours across our service territory. Con Edison has a long tradition of contributing to and maintaining the social, cultural, and economic vitality of our service areas. To learn more, visit our Strategic Partnerships section.
Con Edison is currently developing a portfolio of demonstration projects designed to test Reforming the Energy Vision concepts. We’re focusing on the technology platform needed to animate distributed energy markets and market design elements.