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Constellation Energy Receives Top Rating on Human Rights Campaign Foundation's Corporate Equality Index

^{Published on 2010-10-06 16:36:38 - Market Wire}
 

BALTIMORE--([ BUSINESS WIRE ])--Constellation Energy (NYSE: CEG) today announced that it has received a top rating on the Human Rights Campaign Foundationa™s annual Corporate Equality Index (CEI) for the third consecutive year. The CEI, which rates 844 American companies and law firms on a scale of 0 to 100 percent, is focused on a companya™s treatment of lesbian, gay, bisexual and transgender (LGBT) employees, consumers and investors. Our top ranking earns us the distinction as a aBest Place to Work for LGBT Equality.a

"We know that by continuing to integrate diversity and inclusion initiatives into everything we do, we become a more valuable company for all our stakeholders a" our employees, customers, communities, suppliers and investors."

aReceiving a perfect rating for the third consecutive year demonstrates our commitment to the success of diversity and inclusion efforts throughout Constellation Energy,a said Charles A. Berardesco, senior vice president, general counsel, corporate secretary and chief compliance officer of Constellation Energy. aWe know that by continuing to integrate diversity and inclusion initiatives into everything we do, we become a more valuable company for all our stakeholders a" our employees, customers, communities, suppliers and investors.a

Berardesco, the chair of Constellation Energya™s Diversity Council, is also a member of the Business Council for the Human Rights Campaign.

Constellation Energy routinely implements best practices to help cultivate and promote a culture of diversity and inclusion throughout the organization. One such best practice includes the companya™s Diversity Council, which is made up of a cross-functional team of leaders from throughout the enterprise and is now in its third successful year. Other diversity initiatives throughout the company include diversity training, business resource groups, non-discrimination policies and employer-provided domestic partner health insurance and benefits.

The 2011 edition of the CEI reports that 338 businesses achieved a perfect score, an 11 percent increase over last year, when the number was 305. For the first time, the 2011 CEI scored all Fortune 500 companies, including those that did not voluntary participate. These ratings are based on publicly available information as well as information submitted to HRC from unofficial LGBT employee groups or individual employees.

About Constellation Energy

Constellation Energy ([ www.constellation.com ]) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located in the United States and Canada, totaling approximately 9,000 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $15.6 billion in 2009.