Ethics, integrity & business conduct

As the nation's leading competitive energy provider, Exelon believes our work is essential, and we are privileged to power our communities' homes, businesses and economies. That's why our ethics, integrity and business conduct matter.

Exelon embraces review by government officials at the local, county, state and federal levels; we operate our businesses in full compliance with the law. We expect our directors, employees and contractors to act with integrity and respect. And we expect them to uphold the highest ethical standards so that we maintain the trust of customers, shareholders, government officials and the diverse communities that Exelon serves.

Fostering ethical behavior

To remain committed to doing the right thing, companies must do more than just hire ethical people. They must develop institutional integrity. Exelon’s culture rewards safety, integrity, diversity, respect, accountability and continuous improvement. Exelon provides a framework of core values and a companywide Code of Business Conduct that defines objectives, expectations and responsibilities for our employees, and provides guidance and support.

Reporting an ethics concern

The Audit Committee of the Exelon board of directors has adopted and oversees a process for the receipt, retention, investigation and resolution of concerns of improper business conduct, including potential violation of law or the Code of Business Conduct. The process, administered by the Ethics and Compliance Office, provides employees, shareholders, customers, contractors, suppliers and others with multiple avenues for reporting concerns, including options that allow anonymity.

Contact information is listed at the right for the various reporting methods. Employees who wish to report a concern may use the Employee Ethics Website or contact any of the following:

The Ethics Office
Their supervisor
Human Resources
Internal Audit
Security
Legal
Nuclear Employee Concerns Program

Processing reports of ethics concerns

The Ethics Office promptly informs the chairman of the Audit Committee of serious issues, forwards concerns to the appropriate organization for investigation and prepares quarterly reports of significant matters to the committee. It is also responsible for determining any waivers of a provision of the code for any senior officer and reporting them to the committee to be addressed by the board and disclosed.