Climate Change Data

Constellation Energy Corporation

Climate Impact & Sustainability Data (2022-01 to 2022-12, 2023)

Reporting Period: 2022-01 to 2022-12

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:9.68 million metric tons of CO2e (Scope 1) + 380,000 metric tons of CO2e (market-based Scope 2) + (Scope 3)
Scope 1 Emissions:9.68 million metric tons of CO2e
Scope 2 Emissions:380,000 metric tons of CO2e (market-based)
Water Consumption:48 million megaliters (withdrawal)
Carbon Intensity:75% lower than nearest U.S. industry peer.

ESG Focus Areas

  • Clean Energy
  • Climate Change
  • Community Engagement
  • Diversity, Equity, and Inclusion
  • Governance

Environmental Achievements

  • Avoided almost 125 million metric tons of carbon emissions in 2023 through carbon-free generation.
  • Reduced NOx emissions by 46% and SOx emissions by 71% since 2019.
  • Recycled more than 6.6 million megaliters of water through closed-cycle cooling systems in 2023.
  • Removed an average of 600 tons of debris surrounding Conowingo Dam in Maryland each year.

Social Achievements

  • Contributed $18.7 million to charities in 2023 ($13.6 million from the company and its foundation, $5.1 million from employee contributions).
  • Employees volunteered over 102,000 hours in the community in 2023.
  • Launched THRIVE, a program for high-potential leaders.
  • Named a 2023 Supply Chain Diversity Leader by Supplier.io.
  • Received the Chicago Women in Trades’ Building Together Award.

Governance Achievements

  • Developed a Responsible Artificial Intelligence Policy in 2023.
  • Updated cybersecurity processes and practices in 2023.
  • Published a Green Financing Framework in March 2024 and issued the first corporate green bond in the U.S. that can be used to finance nuclear energy projects.

Climate Goals & Targets

Long-term Goals:
  • Achieve 100% carbon-free owned electricity generation by 2040.
Medium-term Goals:
  • Reduce operations-driven emissions by 100% by 2040 (with offsets for any remaining emissions).
Short-term Goals:
  • Reduce carbon emissions by 65% by 2030 (from a 2020 baseline).
  • Reduce methane emissions by 30% by 2030.
  • Achieve 95% carbon-free owned electricity generation by 2030.

Environmental Challenges

  • Increased GHG emissions in 2023 due to higher natural gas generation in Texas to meet electricity grid demand.
  • Climate-related physical risks (increasing temperatures, severe weather, water scarcity).
  • Climate-related transition risks (changes in energy systems, customer expectations, regulations).
Mitigation Strategies
  • Developing a roadmap to achieve ambitious climate goals (100% carbon-free owned electricity generation by 2040).
  • Investing in nuclear uprates and license renewals to increase clean energy capacity.
  • Investing in wind repowering and refurbishment.
  • Exploring co-location of customer facilities (e.g., data centers) at nuclear plants.
  • Commercial resiliency assessment of nuclear generation fleet (to be completed in 2024).

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainability criteria in supplier assessments

Climate-Related Risks & Opportunities

Physical Risks
  • Increasing ambient temperatures
  • Severe weather events
  • Water scarcity
  • Sea level rise
Transition Risks
  • Changes to energy systems
  • Changing customer expectations
  • Regulations to reduce GHG emissions
Opportunities
  • Growing market for clean, reliable baseload generation
  • Demand for clean energy solutions

Reporting Standards

Frameworks Used: GRI 2021 Standards, SASB Electric Utilities and Power Generators Standard

Certifications: ISO 14001:2015 (nuclear EMS)

Third-party Assurance: Lloyd’s Register Quality Assurance, Inc. (LRQA)

Sustainable Products & Innovation

  • Hourly Carbon-Free Energy Matching
  • Constellation Navigator
  • Constellation Offsite Renewables (CORe)
  • Renewable Natural Gas
  • Carbon offsets
  • Constellation Energy Solutions (CES)
  • Efficiency Made Easy (EME)
  • Electric Vehicle (EV) Charging Solutions

Awards & Recognition

  • JUST Capital’s 2024 JUST100
  • Great Place to Work® Certification
  • Barron’s 100 Most Sustainable U.S. Companies (ranked ninth)
  • Center for Energy Workforce Development’s Community Partnership Award
  • Supplier.io’s 2023 Supply Chain Diversity Leader