Con Edison Is East’s Top Energy Company When It Comes To Diversity, Says Group
Con Edison has been ranked the top energy company in the eastern United States when it comes to commitment to diversity, equality and inclusion.
The listing comes from DiversityInc, which has ranked large U.S. companies since 2001. The assessment collects data across key areas, including leadership accountability, talent programs, workforce practices, supplier diversity, philanthropy, and human capital diversity metrics. DiversityInc bases its rankings on information that companies submit.
“We see every day that having people of varying backgrounds and perspectives is essential to innovating, problem solving and providing excellent service,” said Joan Jacobs, Con Edison’s vice president, Learning and Inclusion. “We have a long tradition of emphasizing fairness and respect for everyone, but the events of 2020 and early 2021 have caused us to reflect and recommit to the fight against racism, systemic discrimination, and bias of all kinds.”
Con Edison reacted to the police killings of George Floyd and Breonna Taylor, the inequalities the coronavirus pandemic exposed, and other tragedies with bold actions.
The company established a new Corporate Diversity, Equity & Inclusion Action Plan to use data to better understand where it can improve.
Employee groups, such as Blacks United in Leadership and Development (BUILD) and the Asian Professional Alliance of Con Edison (APACE) have held virtual meetings at which employees share their experiences and support each other.
A group called Cultivating Leadership and Actively Realizing Opportunities (CLARO) sponsored “Get Out the Vote” with the Hispanic Federation and other programs.
LGBT+ Pride sponsored a Transgender Day of Remembrance and Resilience, including an informative resource guide to encourage awareness, and Celebrate Pride: A Virtual Tour of Pre & Post Stonewall Activism.
The company has recently publicly expressed its solidarity with the Asian-American and Jewish communities, which have been targets of demeaning misinformation and racist and anti-Semitic attacks, including violent assaults.
Read more about Con Edison’s efforts.
In 2020, 52 percent of the company’s employees were people of color and 22 percent were women. Of the nearly 400 people hired during the year, 57 percent were people of color and 32 percent were women.
Con Edison purchased $322 million in goods and services from minority-owned and women-owned firms and spent $503 million with small businesses.
Con Edison was third among all U.S. energy companies on the DiversityInc list.
Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation’s largest investor-owned energy companies, with approximately $12 billion in annual revenues and $62 billion in assets. The utility delivers electricity, natural gas and steam to 3.5 million customers in New York City and Westchester County, N.Y. For financial, operations and customer service information, visit www.conEd.com.