BALTIMORE, May 2 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that it has been named to United Way's National
Corporate Leadership (NCL) program in recognition of the company's
philanthropic leadership and long-standing partnership with United Way.
"Constellation Energy has been supporting the United Way for more than 80
years, and we welcome the opportunity to increase our participation by joining
forces with a select group of charitable leaders under United Way's National
Corporate Leadership program," said Mayo A. Shattuck III, chairman, president
and chief executive officer of Constellation Energy. "Membership in the
program enhances Constellation Energy's United Way partnership by cultivating
strong philanthropic relationships with national and global corporations and
broadening our involvement beyond our annual giving campaign. We look forward
to expanding our commitment to providing valuable support within our local
communities."
Constellation Energy employees embrace the company's culture of giving
back to the community and support United Way's efforts to create meaningful
changes in people's lives and to build stronger communities. In 2007,
Constellation Energy and its employees contributed $5.1 million to United Way
campaigns where it has operations, distinguishing the company as the largest
corporate contributor to United Way campaigns in Central Maryland, Calvert
County, Md., and Greater Oswego County, N.Y. Constellation Energy employees
also volunteered more than 1,000 hours of their time to United Way-sponsored
fundraising and community outreach programs.
Through the NCL program, Constellation Energy will enhance its involvement
with United Way by leveraging program benefits such as increased communication
with local United Ways, campaign planning assistance, benchmarking techniques
and networking and performance comparison opportunities with the 125 major
corporations who are part of the program.
United Way NCL program members are national and global corporations that
have 10,000 or more employees and national workplace giving campaigns. NCL
member campaigns must total at least $2.5 million, with at least $1.5 million
dedicated to United Way's community impact work. NCL members also partner with
United Way beyond the workplace giving campaign, through volunteerism and
other initiatives.
"Constellation Energy has been a long-standing and valued partner with
United Way in communities across the country," said Brian Gallagher, president
and chief executive officer of United Way of America. "We are excited to
welcome Constellation Energy as a United Way National Corporate Leader and
extend our partnership to the national level where we will continue to work
together to create opportunities for a better life for all people."
Constellation Energy (www.constellation.com), a FORTUNE 125 company with
2007 revenues of $21 billion, is the nation's largest competitive supplier of
electricity to large commercial and industrial customers and the nation's
largest wholesale power seller. Constellation Energy also manages fuels and
energy services on behalf of energy intensive industries and utilities. It
owns a diversified fleet of 78 generating units located throughout the United
States, totaling approximately 8,700 megawatts of generating capacity. The
company delivers electricity and natural gas through the Baltimore Gas and
Electric Company (BGE), its regulated utility in Central Maryland.
SOURCE Constellation Energy