Meeting Community Needs
Supporting our communities is important to the success of our business and is a founding principle of sustainability. At Con Edison, our community is comprised of all our stakeholders including customers, shareholders, employees, and the over 10 million people that make our service territory the diverse and prosperous region it is known to be around the world. Two of the six sustainability strategy principles relate to our communities as we look to:
- Develop a work environment that fosters a diverse, high-quality and engaged work force valuing safety, sustainability, and business ethics; and
- Support the vitality of our communities and engage our stakeholders regarding strategy and performance.
Customers
At Con Edison we look to offer customers opportunities to cost-effectively manage their energy needs and provide quality experiences that engender trust. Our suite of energy efficiency programs, the ability to convert from oil to gas, and our competitive business solutions are helping our customers to reduce their energy use, energy costs, and carbon footprint. We also are working to help our customers integrate new technologies like distributed generation and electric vehicles. Finally, we know our customers are interested in better communication and in 2013 we made significant changes to the way we can conduct a two-way dialogue with our customers.
Strategic Partnerships
Con Edison has a long tradition of contributing to and maintaining the social, cultural, and economic vitality of our service areas. To do this, we’ve committed ourselves to providing financial or in-kind support to organizations whose activities advance strong, vibrant, and stable communities. We choose these groups carefully, looking to their ability to use education, training, and special programs and events, to enrich the quality of life of all New Yorkers.
Employees
Con Edison recognizes that one of our most important resources is our people. We work hard to promote inclusion, ensuring that our employees represent the full vitality of the area we serve. Con Edison’s corporate culture is built around a strong commitment to ethical business practices and we made great strides in 2013 in our culture change efforts. Finally, we look to attract and retain our talented workforce through a competitive employee compensation program consisting of fair wages, augmented by a comprehensive benefits program.
Con Edison, Inc. Employees by Company
(Collective Bargaining Units and Management)
- CECONY CBU
- CECONY Mgmt
- O&R CBU
- O&R Mgmt
- CEBs
Shareholders
Con Edison is one of the largest companies in New York State, and plays a major role in the economic development of the New York metropolitan area. We employ more than 14,600 people, purchase goods and services from community-based organizations, and are one of the largest taxpayers in both the city and the state. Our managers identify significant business and operational risks and liabilities to the company, ensuring that they are prudently addressed to minimize their impacts on our performance.
Supply Chain
At Con Edison, we recognize that our suppliers are an important part of our value chain and their performance can impact our sustainability. While we have an established purchasing program and have made progress in a number of areas related to sustainability, we are excited for what 2014 will bring as we join for the first time the Electric Utility Industry Sustainable Supply Chain Alliance. We are looking forward to partnering with our utility peers to share and learn best practices to address sustainability issues throughout our supply chain as we look to improve our processes at Con Edison of New York and Orange Rockland and better understand the social and environmental impact of our upstream suppliers.