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Con Edison Media Relations
Contact: Brenda Pérez
Telephone: (212) 460-4111

For Immediate Release: October 27, 2004

CON EDISON HOSTS THIRD ENVIRONMENTAL EXCELLENCE FORUM
President of the World Resources Institute Delivers Keynote Address

NEW YORK - Consolidated Edison Company of New York, Inc. (Con Edison) today hosted its third annual environmental excellence forum at the company's Learning Center in Long Island City. The forum gathered environmental leaders from more than 20 major corporations in the Northeast to discuss the influence of human factors on managing environmental programs.

Topics explored at the forum included, human factors considerations for operations/line workers; peak performance in the workplace; human factors concerns for senior executives; human factors issues for middle management; and the influence of environmental management systems on human factors.

Randolph S. Price, vice president of Environment, Health and Safety at Con Edison, said, "Making our world environmentally sound is a collaborative effort. This forum exemplifies the benefits of bringing together leaders from diverse corporations to discuss our experiences and goals as we move forward to attain environmental excellence."

The World Resources Institute (WRI), one of the organizations participating in Con Edison's Environmental Excellence Forum, chose the event to issue the findings of its report, "A climate of Innovation; Northeast Business Action to Reduce Greenhouse Gases." Nine Northeast-based corporations, including Con Edison teamed up with WRI in 2003 to form the Climate Northeast initiative, which focuses on climate change management strategies for energy use, emissions tracking, and green power purchasing.

Keynote speaker Jonathan Lash, president of WRI, said, "Forward-thinking companies can be proactive on climate change in a manner consistent with growing their bottom lines. The business leaders recognize that taking action on environmental issues is more than being a good corporate citizen; it is also good business.”

Forum discussions were based in part on extensive research into organizational development done by Dr. Edgar Schein from the MIT Sloan School of Management.

Also in attendance were representatives from ABC, Inc.; Amerada Hess; American Standard, Inc.; Bristol-Myers Squibb Company; Colgate Palmolive Co.; DTE Energy; Duke Energy Corporation; Eastman Kodak Company; Edison Electric Institute; Fuji Color Processing, Inc.; General Electric; Honeywell; Johnson & Johnson; KeySpan Corporation; National Grid, Novartis Consumer Health; PPL Electric Utilities Corporation; PSEG Services Corp.; Schering-Plough Global Supply Chain; Sunoco, Inc.; United Technologies Corp.; New York Law School; and Sidney, Austin, Brown & Wood, LLP.

Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation's largest investor-owned energy companies, with $10 billion in annual revenues and $22 billion in assets. The utility provides electric, gas and steam service to more than 3 million customers in New York City and Westchester County, New York. For additional financial, operations and customer service information, visit Con Edison's Web site at www.coned.com.




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