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Pepco Holdings Among 100 Greenest Big Companies in America

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  Published in Business and Finance on Wednesday, October 20th 2010 at 9:55 GMT by Market Wire
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WASHINGTON--([ BUSINESS WIRE ])--Pepco Holdings, Inc. (NYSE:POM) has moved into the top 100 in Newsweek magazinea™s annual Green Rankings, published in its October 25 issue. Pepco Holdings, Inc. (PHI) ranked 94 out of the 500 U.S. companies listed, and was one of only three electric utility companies to reach the top 100.

"The Environmental Impact Score, compiled by Trucost, is based on more than 700 metrics, including greenhouse-gas emissions, water use and solid-waste disposal."

aGaining a place in the top 100 agreenest big companiesa™ is a welcome endorsement of the hard work performed by PHI companies to honor the commitments made in our corporate and environmental policies,a said Joseph M. Rigby, PHI Chairman, President and CEO. aOur environmental team has worked hand-in-hand with both operational and corporate services organizations to establish a culture of accountability for environmental protection and stewardship. This is another reflection of our company-wide focus on operational excellence.a

The rankings are based on a rating system developed and implemented by MSCI ESG Research, which tracks environmental, social and governance data; Trucost, which specializes in quantitative measurements of environmental performance; and CorporateRegister.com, the worlda™s largest directory of sustainability and environmental reports. Together, they produced corporate profiles of the 500 largest publicly traded U.S. companies a" as measured by revenue, market capitalization and number of employees a" athat quantify the companiesa™ actual environmental footprint, policies and reputation.a

The rating system was used to assign each of the companies a aGreen Score,a calculated using three component scores, according to the Newsweek announcement. aThe Environmental Impact Score, compiled by Trucost, is based on more than 700 metrics, including greenhouse-gas emissions, water use and solid-waste disposal.

The Green Policies Score, based on data collected by MSCI ESG Research, reflects an analytical assessment of a companya™s environmental policies and initiatives. The Reputation Score is based on a survey of academics, environmental officers, and CEOs.

aTo calculate a companya™s overall ranking, the three component scores were standardized, combined using a weighted average (45 percent for the Environmental Impact Score, 45 percent for the Green Policies Score, and 10 percent for the Reputation Survey), and mapped to a 100-point scale.a

More information on Newsweeka™s Green Rankings is available in the magazinea™s Oct. 25 issue; full details can be found at [ www.feature/2010/green-rankings.html ].

PHIa™s annual Powering a Sustainable Future is available at [ www.pepcoholdings.com/services/environment/ ].

Pepco Holdings, Inc. (NYSE: POM) is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI also provides retail energy savings and renewable services through Pepco Energy Services.