Exelon

InfluenceMap Score
C+
Performance Band
78%
Organisation Score
40%
Relationship Score
Modifications to InfluenceMap Scoring
Sector:
Utilities
Head​quarters:
Chicago, United States
Brands and Associated Companies
Exelon Nuclear Partners, Exelon PowerLabs, Constellation, Commonwealth Edison

Climate Lobbying Overview: Exelon is actively lobbying for US policy on climate change with mostly positive positions. The company lobbies actively at both the federal and state levels to promote measures in support of the transition to a zero-carbon energy mix.

Top-Line Messaging on Climate Policy: Exelon communicates a clear position in support of climate change science, including regulations to negate the contribution of the oil and gas sector. The company firmly supports regulatory action on climate change, as illustrated in October 2020 comments to the Federal Energy Regulatory Commission (FERC) criticizing “continued talk about the benefit of placing a meaningful price on carbon emissions, uncoupled from concrete and immediate action.” In Exelon’s 2019 Sustainability Report, CEO Christopher Crane stated the need for government regulations to drive the shift to a zero-carbon energy mix. The company appears to support the Paris Agreement.

Engagement With Climate-Related Regulations: Exelon is broadly supportive of various strands of climate policy, with some less common exceptions. Exelon spoke out against the repeal of the Clean Power Plan in 2018 and joined other US utilities in a legal challenge to Trump’s weaker Affordable Clean Energy rule the following year. In 2020, Exelon lobbied for a federal carbon fee and appeared to support New York’s 2020 Climate Leadership and Community Protection Act, as well as Illinois’ 2020 Clean Energy Jobs Act. Throughout the same year, Exelon heavily lobbied in support of FERC to spearhead a coordinated carbon pricing mechanism as a complement to existing state-level climate policies.

In 2020, Exelon stated clear support for Pennsylvania and New Jersey’s decisions to join and rejoin the Regional Greenhouse Gas Initiative (RGGI) emissions trading scheme. It remains unclear whether Exelon fully supports energy efficiency targets in New Jersey, as evident in April 2020 comments to the state’s Board of Public Utilities. While multiple Maryland-operating Exelon subsidiaries lobbied in support of mandates requiring utilities to create community solar programs in December 2019, a January 2021 comment from two key subsidiaries challenged “administratively burdensome” reporting requirements to track the advancement of these programs. In August 2018, Atlantic City Electric argued against the necessity of net metering in New Jersey, however, has since generally lobbied in favor of policies supporting renewable growth. This is evident in 2019 comments supporting community solar rulemaking and March 2020 comments in favor of a market-based renewable energy credit mechanism.

Positioning on Energy Transition: Exelon has a largely positive position on the transition of the energy mix and clearly supports measures to decarbonize the power sector. The company often advocates for the long-term contribution from nuclear energy to support the shift to a zero-carbon energy mix, as demonstrated in an April 2019 testimony to the Pennsylvania Senate Consumer Protection and Professional Licensure Committee, urging nuclear power to be eligible for clean energy credits under the state’s Alternative Energy Portfolio Standards (AEPS) program. In 2019, Exelon expressed support for federal clean energy mandates. The company has been a consistent opponent of FERC’s Minimum Offer Price Rule, which appears to protect existing fossil fuel electricity-generating units and hinder the proliferation of renewable energy in the PJM capacity market. This is apparent in May 2018 comments to FERC and, more recently, in 2020 comments to the New Jersey Board of Public Utilities. In August 2020, Exelon opposed rulemaking changes on the Clean Air Act that would potentially ease restrictions on high GHG-emitting energy units. As evident in 2020 comments of regional subsidiaries in Maryland, Illinois, and New Jersey Exelon has actively lobbied in favor of the electrification of transportation across states.

Industry Association Governance: Exelon discloses some of its contributions to industry associations, however, does not provide elaboration on the company’s alignment with each organization’s climate policy positions. Exelon is a member of the US Chamber of Commerce. Its CEO is Vice Chairman of the Edison Electric Institute, an organization which has historically opposed key strands of US climate policy but which appears to demonstrate more mixed positions in recent years.

QUERIES
DATA SOURCES
Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Communication of Climate Science
1 2 NS 2 NS NS NS NA
Alignment with IPCC on Climate Action
1 1 NA 2 NS 1 NS NA
Supporting the Need for Regulations
NS 0 NS 1 1 1 1 NA
Support of UN Climate Process
1 NS NS NS NS NS NS NA
Transparency on Legislation
1 NA -1 NA NA NA NS NA
Carbon Tax
0 2 1 2 1 2 NS NA
Emissions Trading
2 1 NS 1 NS 0 NS NA
Energy and Resource Efficiency
NS 2 NS 0 1 NS NS NA
Renewable Energy
0 1 NS 0 0 0 NS NA
Energy Transition & Zero Carbon Technologies
1 1 1 1 0 2 NS NA
GHG Emission Regulation
0 0 1 1 1 2 NS NA
Disclosure on Relationships
0 NA -1 NA NA NA NS NA
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
44%
 
44%
 
50%
 
50%
 
23%
 
23%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.