Experience has taught us that the combination of a solid financial foundation, operational excellence, the highest ethical standards, and the utmost regard for our employees and the people and communities we serve are the bedrock qualities of a successful company.
A standing committee of the company’s Board of Directors, referred to as the Planning and Environmental Committee, existed as early as 1973. By 1995, this committee evolved into the company’s present-day Environment, Health and Safety Committee (“EH&S Committee”), whose primary responsibility is to oversee the company’s efforts relating to the protection of the environment, sustainability, and the health and safety of company employees and the public. Since its inception, the EH&S Committee has met at least four times a year. At the management level, the company’s EH&S vice president, together with senior management, is responsible for developing strategic goals and programs to ensure compliance and support the company’s commitment and continued work to achieve EH&S excellence.
Part of senior management’s commitment to EH&S includes independent oversight. The Office of the Corporate Ombudsman, reporting directly to the chairman, provides employees with an independent office to which they may confidentially report suspected violations of our Standards of Business Conduct, including ethical, legal or EH&S concerns.
Our Environment, Health & Safety Review Board (“EH&S Review Board”) consists of outside consultants who are independent attorneys. The EH&S Review Board reports directly to the chairman. The role of the EH&S Review Board is to review the company’s management of both regulatory and internal requirements and assess whether its implementation is consistent with the company’s commitment to strive for excellence.
Public policy decisions can have significant implications for our customers, the energy systems we manage, and the future direction of our company. That’s why we participate in the political process, adhering to all the national, state, and local laws and regulations. Our engagement in the political process is grounded in and guided by our commitment to our Standards of Business Conduct.
For further details: https://www.conedison.com/en/about-us/corporate-governance/political-engagement