2012 Sustainability Report

Introduction

Con Edison’s sustainability strategy combines our award-winning environmental stewardship, our commitment to safety, our dedication to our communities, and smart long-term investments to maintain the reliable service our customers expect.

In 2012 we:

Reduced our environmental impact

  • Reduced our greenhouse-gas emissions bringing our total reduction to 45 percent from 2005 baseline
  • Recycled more than 90 percent of non-hazardous waste materials generated
  • Reduced SF emissions 91 percent since 1999, and committed to an additional 25-percent reduction from current levels
  • Participated in the Regional Greenhouse Gas Initiative program review, and advocated for a cost-containment mechanism to keep costs low for our customers

Strengthened our business

  • Invested $1.2 billion in electrical-system enhancements with a plan to invest $1 billion more in future upgrades to improve our resiliency
  • Tripled portfolio of solar generation assets, becoming the fifth largest solar producer in North America
  • Experienced 10-percent growth in customer demand response program enrollment from 2011
  • Worked with customers to complete 800 conversions from heavy fuel to natural gas in the Con Edison of New York and Orange and Rockland territories

Improved relationships with our stakeholders

  • Achieved record low OSHA incidence rates at our regulated utilities
  • Received 2012 Emergency Recovery Award for response to Superstorm Sandy when we restored service to over 1.4 million customers
  • Donated more than 4,500 volunteer hours across New York City and Westchester County
  • Purchased more than $300 million in goods and services from minority- and women-owned businesses

Con Edison was recognized in 2012 by the following:

  • Worldwide CDP Carbon Disclosure Leadership Index
  • Newsweek 500 Green Rankings for environmental performance
  • CR Magazine’s 100 Best Corporate Citizens
  • Target Rock Sustainability Utility Leadership Award
  • The Edison Electric Institute (EEI) 2012 Emergency Recovery Award
  • 40 Best for Diversity Elite Companies by Black Enterprise magazine
  • Best Company by Latina Style magazine
  • Regional Employer Appreciation Award for employing people with disabilities in New York State
 
  • Tripled portfolio of solar generation assets, becoming the fifth largest solar producer in North America.
  • Received 2012 Emergency Recovery Award for response to Superstorm Sandy
  • Donated more than 4,500 volunteer hours across New York City and Westchester County