Corporate
Communication and
Reputation Audit

Susan Fleming
Alex Penovich
Mackenzie Porter
Jeff Troupe
PRAD 564 Corporate Communication
Executive Summary

   Headquartered in Chicago, Exelon
    operates in 47 states, the District of
    Columbia and Canada

   The company is the largest
    competitive U.S. power generator,
    with approximately 35,000
    megawatts of owned capacity

   Constellation business unit provides
    energy products and services to
    approximately 100,000 business
    and public sector customers and
    approximately 1 million residential
    customers
Company Website

                 Self-Proclaimed Commitment to the
                  Environment and Good Corporate
                  Citizen

                 Investing $5 billion in Exelon 2020

                 Focus on performance, thought
                  leadership, innovation and a diverse
                  work force

                 Values and Mission
                  Safety
                  Integrity
                  Diversity
                  Respect
                  Corporate citizenship
                  Accountability
                  Continuous improvement
Exelon Focus on CSR

   Corporate citizenship is one of Exelon’s
    values

   Education, environment, arts, culture and
    neighborhood development

   Over the past six years, it has raised $139
    billion

   In 2011, over 2,400 employees served
    over 61,000 hours

   Senior team and other employees serve
    on more than 350 non-profit organizations
    in Chicago and Philadelphia
SEC Filings
 10-K: Exelon is sponsoring
   energy efficiency programs
   and mitigating
   environmental risks

 Proxy Statements: 20
   directors represent financial,
   banking, utilities, nuclear
   energy, legal, political and
   science industries, but light
   on technology and no
   marketing
Exelon Perception




   Exelon perceives itself to be a good corporate citizen, striking a balance
    between shareholder value, the community and customers

   Feels that it is truly concerned and supportive of sustainability

   Exelon has invested quite a bit of time and money on planning and
    executing against their 2020 initiative
Magazine Rankings of
Reputation, Brand and CSR
                 According to the Reputation
                  Institute, the energy industry
                  has a weak reputation, scoring
                  57.97 in 2012, a decrease from
                  59.41 in 2011

                 According to Harris Interactive,
                  energy companies are
                  midrange for reputation ratings
                  with 35% ranking the industry
                  as positive, 23% ranking the
                  industry as neutral, and 38%
                  ranking the industry as negative
Exelon’s Rankings
   5th in Gas and Electric Industry
    in FORTUNE’S America's Most
    Admired Companies

   2006-2011 FORTUNE’S
    America's Most Admired
    Companies

   Weak reputation reflects the
    industry’s reputation as a whole
    rather than Exelon’s individual
    reputation
Competitors
Media
Elite and National Media                                       Localized Media
   Focus on Exelon’s $33 billion merger with Constellation     Local stories where Exelon has
    Energy
   Exelon often quoted or discussed in stories about            primary markets that focus on Exelon’s
    nuclear regulation, safety, homeland security and            CSR initiatives, nuclear safety,
    environmental issues.
                                                                 business operations, or fighting with
   New York Times, AP, Reuters, Wall Street Journal
   Covered extensively as a large public company with a
                                                                 competitors over shares of the energy
    large market cap relative to other industry competitors,     market.
    as well as for maintaining a diverse energy portfolio
                                                                Baltimore focused on acquisition of
   Extensive coverage of Exelon’s support for federal
    climate change legislation                                   Constellation Energy, in Chicago focus
   Bloomberg Businessweek, Forbes, The Economist,               on Exelon WHQ.
    Fortune, Investor’s Business Daily, Wall Street Journal
   Financial websites and blogs including Yahoo Finance,
    CNBC and CNN
   Local stories where Exelon has primary markets that
    focus on Exelon’s CSR initiatives, nuclear safety,
    business operations, or fighting with competitors over
    shares of the energy market.
   Baltimore focused on acquisition of Constellation
    Energy, in Chicago focus on Exelon WHQ.
Social Media
 Subsidiaries have varying
  degrees of social media
  presence
 Exelon has highest share of
  voice in social media news
  sources but not Twitter.
Actionable Recommendations
 Beef up IR function
 Place a director with marketing expertise on the Board of
    Directors
   Establish clear corporate policies around the use of social
    media for all subsidiary companies
   Highlight accomplishments
   Create an award/scholarship for a science or environmental
    studies student(s)
   Establish new leadership as the thought leader on nuclear
    energy
Corporate Communication & Reputation Audit of Exelon

Corporate Communication & Reputation Audit of Exelon

  • 1.
    Corporate Communication and Reputation Audit SusanFleming Alex Penovich Mackenzie Porter Jeff Troupe PRAD 564 Corporate Communication
  • 2.
    Executive Summary  Headquartered in Chicago, Exelon operates in 47 states, the District of Columbia and Canada  The company is the largest competitive U.S. power generator, with approximately 35,000 megawatts of owned capacity  Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers
  • 3.
    Company Website  Self-Proclaimed Commitment to the Environment and Good Corporate Citizen  Investing $5 billion in Exelon 2020  Focus on performance, thought leadership, innovation and a diverse work force  Values and Mission Safety Integrity Diversity Respect Corporate citizenship Accountability Continuous improvement
  • 4.
    Exelon Focus onCSR  Corporate citizenship is one of Exelon’s values  Education, environment, arts, culture and neighborhood development  Over the past six years, it has raised $139 billion  In 2011, over 2,400 employees served over 61,000 hours  Senior team and other employees serve on more than 350 non-profit organizations in Chicago and Philadelphia
  • 5.
    SEC Filings  10-K:Exelon is sponsoring energy efficiency programs and mitigating environmental risks  Proxy Statements: 20 directors represent financial, banking, utilities, nuclear energy, legal, political and science industries, but light on technology and no marketing
  • 6.
    Exelon Perception  Exelon perceives itself to be a good corporate citizen, striking a balance between shareholder value, the community and customers  Feels that it is truly concerned and supportive of sustainability  Exelon has invested quite a bit of time and money on planning and executing against their 2020 initiative
  • 7.
    Magazine Rankings of Reputation,Brand and CSR  According to the Reputation Institute, the energy industry has a weak reputation, scoring 57.97 in 2012, a decrease from 59.41 in 2011  According to Harris Interactive, energy companies are midrange for reputation ratings with 35% ranking the industry as positive, 23% ranking the industry as neutral, and 38% ranking the industry as negative
  • 8.
    Exelon’s Rankings  5th in Gas and Electric Industry in FORTUNE’S America's Most Admired Companies  2006-2011 FORTUNE’S America's Most Admired Companies  Weak reputation reflects the industry’s reputation as a whole rather than Exelon’s individual reputation
  • 9.
  • 10.
    Media Elite and NationalMedia Localized Media  Focus on Exelon’s $33 billion merger with Constellation  Local stories where Exelon has Energy  Exelon often quoted or discussed in stories about primary markets that focus on Exelon’s nuclear regulation, safety, homeland security and CSR initiatives, nuclear safety, environmental issues. business operations, or fighting with  New York Times, AP, Reuters, Wall Street Journal  Covered extensively as a large public company with a competitors over shares of the energy large market cap relative to other industry competitors, market. as well as for maintaining a diverse energy portfolio  Baltimore focused on acquisition of  Extensive coverage of Exelon’s support for federal climate change legislation Constellation Energy, in Chicago focus  Bloomberg Businessweek, Forbes, The Economist, on Exelon WHQ. Fortune, Investor’s Business Daily, Wall Street Journal  Financial websites and blogs including Yahoo Finance, CNBC and CNN  Local stories where Exelon has primary markets that focus on Exelon’s CSR initiatives, nuclear safety, business operations, or fighting with competitors over shares of the energy market.  Baltimore focused on acquisition of Constellation Energy, in Chicago focus on Exelon WHQ.
  • 11.
    Social Media  Subsidiarieshave varying degrees of social media presence  Exelon has highest share of voice in social media news sources but not Twitter.
  • 12.
    Actionable Recommendations  Beefup IR function  Place a director with marketing expertise on the Board of Directors  Establish clear corporate policies around the use of social media for all subsidiary companies  Highlight accomplishments  Create an award/scholarship for a science or environmental studies student(s)  Establish new leadership as the thought leader on nuclear energy