Con Edison is a key partner in New York’s transition to a clean energy future. 

We are the largest energy provider in New York State, which has some of the nation’s most ambitious climate laws. That means thinking boldly about our energy delivery systems, and expanding to accommodate new sources of renewable energy as well as increased demand for electricity as we transition away from fossil fuels. We’re also focused on making our systems more resilient to extreme weather events that are occurring more frequently and with greater severity. 

For more than 200 years, for generations of New Yorkers, we’ve provided reliable power to the millions of customers in our service territory. Today, we know that the clean energy transition is critical to New York’s future. It will be a defining moment in our company’s history, and for our city and region Con Edison is preparing to meet this moment.

We are dedicated to supporting the clean energy transition while maintaining a commitment to our core mission—efficiently providing safe, reliable service with a focus on our customers and the great region we serve. We recently updated our Clean Energy Commitment to align more closely with New York State and City climate laws. Our commitment reflects how we’re working across all the commodities and operations of our Company to achieve a sustainable future. We have a responsibility to maintain the grid we have today while building the grid for tomorrow.

As we progress towards a clean energy future, I want to stress that sustainability is integrated into all that we do. This report is a record of the impacts our efforts have made on our stakeholders and communities—a record of achievement and progress of which we can be proud. 

We are reshaping Con Edison to not only meet the state’s climate and sustainability mandates, but those of our customers across the region we serve.

Increasingly, our customers are moving off energy sources derived from fossil fuels to heat their homes and power their vehicles, and we continue to deliver—through investments in our customer service system, EV charging infrastructure, and interconnection points for offshore wind. Upgrading our system to meet these standards has necessitated the major investments we’ve already made and will inform the ones we make in the future. We’re working to help our customers have what they need to power their lives—now and in the future.

To that end, we are collaborating with elected officials, community leaders, and environmentalists—as well as engaging with environmental justice advocates, industry associations, small business owners, and customers—to help ensure all communities can benefit from this opportunity.

Our state’s clean energy laws include provisions regarding environmental justice—centered on historically underserved neighborhoods and populations. In New York State, 60% of these disadvantaged communities are found in New York City. Con Edison is positioned to invest in projects and initiatives that will help to improve quality of life, reduce emissions, and promote infrastructure resiliency and reliability in these communities.

In order to lead the way to a sustainable world, we need the people who will help build it. We have met every challenge thanks to our 14,000-plus employees. It’s why we’re investing in our workforce, both now—we added more than 1,600 new employees in 2023—and with an eye towards the future. Our new green workforce development program supports and prepares students from underserved communities for clean energy and tech sector jobs.

Our workers mirror the communities we serve. Con Edison is filled with smart, innovative, experienced, and highly-skilled people, with the expertise and capability required for the immense task that lies ahead. We are a company committed to building and fostering a workplace that is diverse, equitable, and inclusive. This exchange of ideas, viewpoints, and backgrounds helps all employees feel welcome and respected, heard and seen—and makes us the dynamic company we are today.

This year’s report reflects the serious strides we have made in our commitment to sustainability—and what has made us an industry leader in the transition to clean energy. Our dedicated team’s focus on safety, operational excellence, and customer service are the backbone of Con Edison. Together, they will help carry our company, our customers, our communities, and our shareholders into the clean energy future.

— Tim Cawley,
Chairman, President, and Chief Executive Officer, Consolidated Edison, Inc.