exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
backgrounds, including age, gender, specialized members from our Office of Corporate Governance,
initiatives, ensure alignment with our strategic goals,
expertise and other relevant qualities. As of June Investor Relations, Sustainability, Compensation and
review developing sustainability trends and provide
2024, three directors of Constellation’s Board identify Human Resources departments. The engagement
recommendations to senior management.
as women, totaling 27 percent of the Board, and 45 team meets with shareholders to discuss a wide
percent identify as being racially or ethnically diverse. variety of issues, including business operations
Stakeholder engagement is crucial for our
and strategy, sustainability and climate matters,
KEY LINKS
sustainability efforts as it helps us understand
Our Board regularly discusses sustainabili
Keyword: governance
collaboration, we enhance our decision-making Ethics & Governance
member of the National Association of Corporate increased accountability, improves decision making
processes and ensure that our sustainability Corporate Governance Principles
Directors (NACD), and, therefore, all of our Board and ultimately creates long-term value. The feedback
initiatives effectively address stakeholder concerns.
members have access to the multitude of resource received from shareholders and other stakeholders is Board Diversity Matrix
We actively engage with stakeholders by integrating
materials, seminars and conferences provided by shared with each Board committee and the Board, as 2024 Proxy Statement
their perspectives into the development of our
the NACD, including those related to sustainability appropriate.
Sustai
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 42Identifying and Managing Risk
As the nation’s largest producer of carbon-free energy
and a leading supplier of energy products and services
including sustainable solutions, effective risk management
is foundational to delivering on our sustainability goals. To
effectively manage risks, we follow a layered approach that
combines both top-down and bottom-up methodologies.
The top-down approach involves identifying and analyzing
risks from a strategic perspective, considering and gaining
a comprehensive understanding of external factors such as
the macro environment, industry trends, regulations and
stakeholder expectations. The bottom-up approach focuses
on identifying and analyzing risks
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 43Maintaining Ethical
Business Conduct
Acting with One of our foundational values is to Act with Integrity. Constellation employs a multifaceted approach to track and the Code to include expectations around additional topics
We believe that high ethical standards are essential for enhance the effectiveness of our ethics and compliance including human rights, anti-money laundering and trade
Integity
building trust, maintaining accountability, fostering strong program. Reported case statistics are documented and laws.
relationships and ensuring the long-term sustainability of our presented to the Audit and Risk Committee for review
business. From top-level decision-making to daily operations
Keyword: governance
see the Board Governance section. and competing with integrity. In 2024, we will be updating
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 44The Code is also reinforced by supplementary Voicing Concerns
policies, such as our management model policies
We prioritize creating a culture where all
focusing on anti-corruption measures, information
stakeholders feel empowered to voice any concerns
governance and prevention of discrimination,
regarding potential violations of our Code, policies
harassment and retaliation. Additional anti-
or procedures and laws or regulations. We maintain
corruption training is provided to relevant roles, and
several communication channels for stakeholders,
we aim to extend this training to a broa
Keyword: governance
Ethics & Governance
those involved in misconduct. Disciplinary actions
Ethics Help Line
may include reprimand, suspension, demotion,
Sustainability Data Index & Factsheet
reduction of incentive awards or termination.
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 45Protecting Cybersecurity
Our cybersecurity risk management strategy is established cybersecurity risks associated with our nuclear assets. The With a constantly evolving cyber landscape, we regularly
at the executive level and is implemented through our Audit and Risk Committee oversees policies and processes update our policies and procedures to adapt to emerging
cybersecurity program, which deploys risk-based security established by management to identify,
Keyword: governance
Framework (CSF) and other industry standards such as programs, please see the Board Governance section.
the North American Electric Reliability Corporation Critical For more information on our cybersecurity approach, please
Infrastructure Protection standards and Nuclear Regulatory Our strategy is enhanced by regular exercises of business see Item 1C. Cybersecurity in our 2023 Form 10-K.
Commission Cybersecurity Rule (10 CFR 73.54). continuity plans conducted every two years and annual cyber
drills. To continuously improve our efforts, we conduct internal
Employee Training
Cybersecurity Oversight and assessments of our security controls program and beginning
in 2024, we plan to undertake an external assessment of the Cybersecurity is a collective responsibility for all Constellation
Management
cybersecurity program every two years.
Keyword: governance
company, including governance at the Board-level and of potential new regulatory requirements, improved training is conducted annually for current employees
executive management accountability for the execution of our our incident response program to account for new SEC and in 2023, 100 percent of employees with access to
cyber risk management strategy and the controls designed requirements and refined methods to assist in quantifying our the Constellation IT network environment completed
to protect our operations. In order to effectively oversee risk exposure across key threat categories such as third-party cybersecurity awareness training, with limited approved
cybersecurity risk management practices, our Board has risks, mishandled information and ransomware. By lev
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 464
Communities
Uplifting and Strengthening
Our Communities
48 / Engaging Our Communities
52 / Building a World-Class Workforce
63 / Promoting Health and Safety
66 / Building a Responsible and Diverse Supply ChainEngaging Our
Communities
We believe in building enduring relationships with the communities we serve Community Information Nights, offering the public a chance to meet plant
that are founded on trust, transparency, respect and inclusivity. Our aim representatives and learn about nuclear energy generation. Our sites also
is to have a positive and lasting impact through two-way engagement and engage with local communities through site tours for local leaders, schools
collaboration.
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 48Environmental Justice Initiatives Workforce Development for the Just Transition the launch of the new Chris Crane High School to Work program,
which will provide students the skills to qualify for full-time entry-level
Constellation has operations in a number of communities that As a leader in the transition to a clean energy economy, Constellation
positions at our Illinois nuclear plants. In collaboration with SkillsUSA
have historically been disproportionately burdened by air and is in a unique position to enable the just transition for workers,
and Joliet Junior College, students will receive mentorship, a two-
water pollution and may be particularly vulnerable to the impacts ensuring
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 49Philanthropy &
Volunteerism
We have a proven track record of supporting the communities in which we The Constellation Foundation expands our philanthropic mission and
operate. Through our robust philanthropy and volunteering initiatives, we deepens our long-term investment in the communities we serve. The
actively engage with communities to address challenges across the three Foundation aligns its support with our three pillars and amplifies our
pillars of our citizenship and philanthropy program: commitment to creating positive change. In 2023, Constellation and
the Constellation Foundation donated $13.6 million and provided direct
community support across 31 states and Washington, D.C.
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 50Community Program Description
Philanthropy Programs
This STEM education program awards grant funds to sixth grade through college students who inspire new perspectives
E2 Energy to Educate
on sustainability and energy, focused on underserved communities. Since its inception in 2010, E2 Energy to Educate
We are committed to has provided nearly $6 million in grant funding, reaching over 290,000 students.
collaborating with organizations
to uplift and strengthen
our communities and
Launched in 2023, this immersive program for high school juniors and seniors enables them to explore energy careers,
Youth Energy Summit (YES)
proudly work to support
providing hands-on STEM experience and mentor
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 51Building a World-Class
Workforce
To effectively serve our customers and communities, Constellation strives to recruit, retain and nurture
a world-class workforce that is passionate about fulfilling our purpose. We work toward this objective by
developing and sourcing from a diverse talent pipeline and fostering an inclusive culture where the worth
Our DEI Strategic Pillars
and dignity of everyone is respected and all individuals can develop to reach their full potential.
Shaping the Future Through
• Integrating diversity as a business imperative and
Strategic Talent Sourcing Workforce Development
Diversity, Equity and Inclusion
core value;
Constellation operates in a world rich in divers
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 52Core Values We believe that the responsibility for creating a workplace enhance ongoing DEI and workforce development initiatives. refining our strategies to promote DEI within our organization.
culture aligned with our core values extends to every member In 2023, the Communities of Practice engaged on several An example of this includes the newly formed Outage
of our workforce. To promote accountability and ensure that topics including DEI webinars, workforce development barrier Job Shadow Program launching in Spring 2024, which
each person actively contributes to advancing DEI throughout reduction efforts and the DOE’s energy industry employment provides the opportunity for individuals
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 53DEI Education and Training Our Commitment to Equity and 1,000
Anti-Discrimination and Fair Labor Practices
We believe that fostering a culture of DEI begins with prioritizing education and
participants took part in our three-part
awareness within our company. For instance, we offer educational resources such
We conduct analyses of gender and racial pay equity. We also provide training and
allyship series.
as Unconscious Bias Training and Disability Fundamentals for Hiring Managers and
review hiring and promotion processes to avoid unconscious bias and include equal
we cover DEI topics in our quarterly DEI Webinar Series, while our Executive DEI
pay efforts in broader company-wide equity
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 54Gender identity
22% Female
1% Gender not disclosed
77% Male
Racial or ethnic diversity
0.4% American Indian or Alaska Native
4.5% Asian
7.0% Black or African American
5.7% Hispanic or Latino
0.2% Native Hawaiian or other Pacific Islander
1.9% Race/ethnicity not disclosed
2.2% Two or more races
78.0% White
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 55Assessing Our DEI Practices
In our continual pursuit of enhancing our DEI practices, veteran employment practices across various key areas.
we collaborate with external organizations to gain These assessments provided valuable insights, guiding
insights and drive improvements. our efforts to ensure
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 56Our Efforts to Our employees are powered by passion and purpose. We We recruit STEM-focused students and professionals from to our communities. We engage with veteran organizations,
are inspired by our culture that prioritizes inclusivity and diverse backgrounds and participate in mentoring programs, including military transition programs and career centers,
Recruit, Develop
values-driven work, keeps our environment and teams safe conferences, career fairs and industry events. In 2023, we and in 2023 we attended multiple military-specific career
and Support a and invests in our communities for the future. Our employees attended the national conferences and career fairs for the fairs and
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 57Learning and
New Hire Orientation: Nuclear Leadership Leadership Development:
Development
Training:
During onboarding, all new employees
We implement programs to help our leaders
participate in our New Hire Orientation to learn
develop and strengthen their capabilities
We implement trainings, such as the
We understand that learning is a lifelong about Constellation and our values.
and professional development, including the
Constellation Supervisor Training Program and
journey, so we provide employees with
Emerging Leaders Program, Constellation’s
Constellation Leadership Academy, specifically
the tools, training and career growth
High Impact Leadership Development
designed for nuclear f
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 58Performance Employees participate in the year-end review process to Employee Engagement • Improve internal job opportunity communication
gauge the effectiveness of employee performance against for role changes.
and Labor Relations
Management and
expectations.20 Through this process, we evaluate what
Succession Planning employees have achieved against their performance goals, Our human capital management strategy is informed by • Encourage authenticity and promote inclusion by
as well as whether these goals have been achieved through formal and informal employee feedback mechanisms. reiterating voluntary self-identification options.
behaviors consistent with Constellation’s values and cor
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 59Great Place To Work® Certification
In 2023, we earned a Great Place To Work®
81%
Certification based on how employees rate their
experience working at Constellation. In a survey of Constellation employees said it is a great
about 5,000 Constellation employees, 81 percent place to work.
of those who responded said it is a great place to
work—about 24 points higher than the average U.S.
company.
91%
91 percent of Constellation employees who Constellation employees said they feel
completed the survey said they feel good about the good about the ways the company
ways the company contributes to the community contributes to the community.
and 89 percent of employees answered favorably
that “I’
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 60Employee Benefits
and Wellbeing
At Constellation, we are
focused on a culture of Physical Health Life & Financial
care for our employees and
& Wellbeing Family Wellbeing
their families. Our wellbeing
programs are designed
to promote holistic health
through proven clinical
− Medical, dental, vision and prescription drug − Virtual physical therapy, mental health − Parental leave for up to 16 weeks for birthing mothers − Employee stock purchase program
support programs—all coverage resources and counseling services and up to eight weeks for non-birthing and adoptive
− Dependent care flexible spending account
parents
offered at no cost.
− Disability and life insurance (company − Expert medic
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 61At Constellation, we are focused on a culture of care for our employees and
their families. Our wellbeing programs are designed to promote holistic
health through proven clinical support programs—all offered at no cost.
We believe there are many benefits to providing flexible work arrangements
and our Alternate Work Arrangements Policy gives employees whose jobs
allow for remote work the opportunity to find a flexible working solution
that works best for them. The policy outlines the various alternate work
arrangements, expectations of employees in these arrangements and
requirements for managers and leaders.
KEY LINKS
Careers
Community
Workforce Development
Benefits
Policy Against Discr
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 62Promoting Health
and Safety
At Constellation, safety is our first and most critical obligation (or an approved equivalent), and we require contractors to Employee Engagement in Our
Overview
to our employees, contract workers, business partners and screen their employees for safety risks prior to working at
Safety Culture
communities. We maintain goals across each business unit our sites.
in pursuit of safety and regulatory compliance, measured Employee empowerment is essential to prevent injuries
At the site level, we implement employee-led safety
by key performance indicators (KPIs) specific to our unique and illnesses, which is why Constellation is committed to
committees, while our Sa
Keyword: governance
see the Board Governance section. For more information potential hazards through our injury prevention program, in
partners. The Safety Peer Group reports to the Corporate
on our health and safety performance, please see the addition to practicing stop work authority in the presence of
Safety Council, sponsored by our Chief Generation Officer
Sustainability Data Index & Factsheet. unsafe working conditions. Employees can report incidents
and comprised of the vice presidents of health and safety,
to their supervisors, our Ethics Office or through our safety
legal, audit and other key leadership.
Workforce Safety Culture, behavior observation program. We investigate all reported
incidents, as appropriate, to ensure that corrective action
Management and Oversight To
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 63Nuclear and We adhere to the highest standards of safety for our nuclear Constellation operations. Additionally, the NRC performed
assets to maintain community trust and continue to supply approximately 8,000 hours of nuclear safety inspections in
Public Safety
our customers with safe, clean and reliable energy. Our 2023 and annually reviews each of our nuclear stations, while
Nuclear Oversight Committee advises and assists the Board INPO performed an additional 9,000 hours of third-party
in overseeing the management and safe operation of our evaluations and audits across the fleet in 2023.
facilities. Our nuclear operations also receive independent
oversight from Independent Nuclear Saf
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 64room operators. Supplemental trainings occur regularly to Incidents are unlikely; however, it is critical that community
keep our workforce abreast of current technological expertise, members also understand proper emergency procedures.
sector-specific knowledge and performance-enhancing Constellation distributes emergency communications to
trends. communities adjacent to our nuclear facilities on an annual
basis and maintains site-specific emergency planning
information on our website. For more information on how
Emergency Preparedness and Response
our nuclear sites interact with communities, please see the
Constellation develops and maintains our emergency Engaging Our Communities sect
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 65Building a Responsible
and Diverse Supply Chain
Supply chain risks, such as supplier disruptions or market fluctuations, Supplier Code of Conduct and Supplier
emphasize the vital need for effective risk management strategies to help
Investment Recovery Program
Expectations
ensure the continuity of our operations and strengthen organizational
resilience. Additionally, we are focused on embedding resiliency, reliability,
As part of our commitment to integrity and responsible business practices,
transparency and fairness into our supply chain and optimizing our
we expect adherence to the Constellation Code of Business Conduct or
operational efficiency. Our business sustainability is impacte
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 66provisions that prohibit the use of forced and child labor and in cases where leadership, embraced across all business units and supported by our supplier
Constellation is made aware of supplier-related human rights violations, we base and community. We recognize that a diverse and inclusive supply
may place suppliers on a Supplier Performance Improvement Plan (SPIP) or chain provides us with a strategic competitive advantage through increased
terminate our contracts. innovation, access to new markets and improved resiliency and sustainability.
Throughout the Supply organization-managed supplier vetting process, We support a wide range of businesses, including, but not limited to,
we ass
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 67Nuclear Fuel Supply Chain
We place significant emphasis on addressing nuclear fuel supply chain
risks that could affect our operational efficiency and success. Our nuclear
fuel group takes a diversified approach to uranium extraction, conversion,
enrichment and fabrication to mitigate risks associated with the nuclear fuel
supply chain. Our strategy engages international and domestic suppliers and
implements a multi-year horizon to safeguard against potential disruptions
and fluctuations in the nuclear fuel market. We plan for 100 percent of our fuel
to be contractually covered for at least two years before a scheduled refueling
year. We have taken action to further extend contracted cov
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 685
Environment
Fostering Environmental
Stewardship
70 / Managing Environmental Programs
72 / Protecting Ecosystems and Natural Resources
76 / Managing Our Waste ResponsiblyManaging Environmental
Programs
Overview At Constellation, we are committed to protecting and Environmental Management least once every five years. Annually, both nuclear and non-
sustaining the environment by complying with applicable nuclear operations conduct targeted environmental program
Systems
regulatory requirements while protecting and enhancing compliance assessments to mitigate potential compliance
life below water and on land. Constellation’s Environmental risks and we also conduct a focused review of acquir
Keyword: governance
programs, please see the Board Governance section. environmental performance are discussed, and quarterly
to the Constellation Environmental Council. For additional
Our environmental audit program includes annual
Our Environmental Policy provides a standardized framework information on our performance and metrics, please see the
certification or surveillance audits for our nuclear EMS to
for us to uphold compliance obligations, manage and Sustainability Data Index & Factsheet.
maintain International Organization for Standardization
mitigate environmental impacts and promote continuous
(ISO) 14001:2015 certification, as well as third-party audits
improvement within diverse operating conditions.
once every three years at a selected site to validate our non-
nuclear EMS conformance w
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 70Additionally, we assess suppliers against environmental
criteria throughout the vetting process to understand their
initiatives and goals. For more information on how we manage
environmental impacts in our supply chain, please see the
Building a Responsible and Diverse Supply Chain section.
Employee Training
All plant employees and full-time contractors at Constellation
sites are subject to annual plant access, site-specific
environmental awareness and EMS training through our
robust training programs. Short-term contractors receive
site-specific vendor orientation training. Employees complete
additional online and/or in-person training covering topics
such as air, water, wastewater, was
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 71Protecting Ecosystems
and Natural Resources
Our operational footprint includes large parcels of land with We utilize the World Resources Institute Aqueduct tool to our hydroelectric facilities to generate clean energy and
diverse flora and fauna that border various water bodies. We broaden our understanding of potential future water scarcity is returned to the river without adversely impacting water
embrace our responsibility to protect wildlife, maintain and risks caused by climate change and economic growth and quality. Moreover, Constellation removes an average of 600
improve habitats and enhance awareness of the surrounding how our operations may be impacted or may pose impacts tons
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 72Cooling Systems
Our nuclear and combined-
cycle natural gas generation Air & Water Condenser Water Source
Cool Water
facilities primarily use water
Water Source
Condenser Water Source
for steam generation and as a
Cooling Tower
cooling medium through the
OR Air Cooled
following processes: Recirculating Condenser (ACC)
Cooling Pond
Discharge Water
Water Basin
Condenser
Closed-cycle Dry condenser Open-cycle
cooling systems: cooling technology: cooling systems:
At some nuclear and combined-cycle natural gas We also use this technology to allow air to cool and Approximately half of our fleet uses systems where
facilities, we use a closed-cycle cooling system which condense steam at three of
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 73Year-over-year fluctuations in our water withdrawal closely follow our enabling Constellation to minimize impacts to species when possible or
electricity generation from nuclear and natural gas facilities. In 2023, we relocate affected species.
withdrew 48 million megaliters of water. We closely monitor all water discharge
and have a strong history of complying with discharge permit requirements to Constellation is also focused on improving aquatic ecosystems where we
minimize impacts on aquatic biodiversity and local community access to clean operate hydroelectric and nuclear power plants. Our stewardship activities
drinking water. In 2023, 98.5 percent of our water withdrawal volume wa
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 74Criterion Wind Bat Habitat
Conservation Program
In 2023, our Criterion Wind Bat Habitat Conservation program achieved Criterion Wind Bat Habitat
WHC’s Certified Gold Level, recognizing its significant conservation efforts for
the Indiana Bat species. Furthermore, two projects under this program earned
special recognition at WHC’s 2024 Conservation Conference, winning awards
in the Caves Project and Land Conservation Agreement project categories.
By protecting a vital bat hibernaculum and implementing a comprehensive
land use management plan, the initiative not only safeguards the habitat of
the Indiana Bat but also benefits other bat species reliant on the surrounding
forest ecosystem.
T
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 75Managing Our Waste
Responsibly
Overview At Constellation, we work to minimize our environmental Nuclear fuel is incredibly dense and produces tremendous At the end of its useful life, nuclear fuel assemblies are safely
impacts by first identifying ways to reduce the amount of amounts of clean energy. One uranium fuel pellet creates as moved to spent fuel pools at nuclear facilities, where they cool
operational waste we generate. We then look for opportunities much energy as one ton of coal, 120 gallons of oil or 17,000 under 20 feet of water over several years. Once cooled, the
to recycle or reuse materials to divert waste from landfills and cubic feet of natural gas. Because of its high
Keyword: governance
programs, please see the Board Governance section.
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 76Nuclear Fuel Density
Nuclear fuel is incredibly dense and produces tremendous amounts
1 uranium pellet
of clean energy. One uranium fuel pellet creates as much energy as:
1 inch tall
17,000 cubic feet of natural gas 1 ton of coal 120 gallons of oil
= 1 uranium pellet = 1 uranium pellet = 1 uranium pellet
1 single nuclear fuel pellet generates enough energy to charge 1 single nuclear fuel pellet generates enough energy 1 single nuclear fuel pellet generates enough energy to power
approximately 400,000 iPhone 14s to power an EV for about 20,000 miles the American home for about 166 days
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONME
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 78About This Report
Sustainability The Constellation 2024 Sustainability Report details our
strategies, goals and initiatives to address key sustainability
Report 2024
issues across our entire operations and value chain. Unless Sustainability Data Provides KPIs and information on
otherwise noted, this report reflects our performance and our management approach for key
progress for the period of January 1, 2023, to December 31, Index & Factsheet sustainability topics.
2023. We reference disclosures from leading sustainability
frameworks in this report, including the 2021 GRI Standards
and the Sustainability Accounting Standards Board (SASB)
Electric Utilities and Power Generators Standard.
Keyword: governance
INTRODUCTION CLEAN ENERGY GOVERNANCE COMMUNITIES ENVIRONMENT SUSTAINABILITY REPORT 2024 79Constellation Energy Corporation
1310 Point Street
Baltimore, Maryland 21231
Website: constellationenergy.com/csr
Keyword: corruption
Anti-Corruption Policy, page 9
Whistle Blower Policy
Governance
102-18 Governance structure Board of Directors
Proxy Statement, pages 17-20
18Disclosures Description Reference/Response
Governance (cont.)
102-22 Composition of the highest Board of Directors
governance body and its Corporate Governance Principles
committees Proxy Statement, pages 15-26
Compensation Committee Charter
Audit Committee Charter
Nominating and Governance Committee Charter
102-23 Chair of the highest governance Board of Directors
body
102-24 Nominating and selecting the Nominating and Governance Committee Charter
highest governance body Corporate Governance Principles
Proxy Statement, pages 20-21
102-25 Conflicts of interest Corporate Governance Principles, page 2
Code of Business
Keyword: corruption
Anti-Corruption 103 Management Approach Code of Business Conduct
Anti-Corruption Policy
Whistle Blower Policy
205-2 Communication and training Code of Business Conduct
on anti-corruption policies and Anti-Corruption Policy
procedures Whistle Blower Policy
Environmental
Energy 1034 Management Approach Investing in Our Sustainability Efforts, page 9
302-1 Energy consumption within the Our Environmental Footprint, pages 9-10
organization
Emissions 103 Management Approach Environmental Strategy and Performance, page 6
305-1 Direct (Scope 1) GHG emissions Measuring Our Environmental Footprint, page 9
305-2 Direct (Scope 2) GHG emissions Measuring Our Environmental Footprint, page 9
Waste 103 Management Approach 2022 ESG Report, page 9
306-2 Management of signi
Keyword: governance
Governance Interim ReportTable of Contents
03 04 05 06
A Message From About Copart Our ESG Strategy 2023 Strategy
Our Co-CEOs and Performance
17 17 18
Appendices SASB Index GRI Index
About This Report any forward-looking statement that we may make from time
to time.
This Environmental, Social & Governance Highlights Report
(Report) contains forward-looking statements within the Information contained in this Report represents the company’s
meaning of federal securities laws, including statements entire operations for fiscal year 2023, unless otherwise noted.
concerning our future efforts to achieve the goals described. Financial metrics are presented in U.S. dollars. While we
These forward-looking statements are subject to substantial believe all calc
Keyword: governance
recycling of vehicles and their component parts, eliminating environmental stewardship, and strong governance are
the carbon emissions that would have resulted from de novo instrumental to our ongoing financial success. On behalf of
manufacturing of new vehicles and parts. Copart and our more than 10,000 employees across the globe,
we are pleased to share our 2023 ESG Interim Report.
During fiscal year 2023, we engaged in many thoughtful
discussions regarding our ESG efforts and our inaugural ESG
report with our customers, investors, and other stakeholders.
Our report highlighted our company’s various programs that
address ESG considerations, while also providing thematically
relevant metrics for our business. The single most critical
measure of our environmental impact is avoided emissions. Jay Adair Jeff Liaw
In fiscal 2023, our business across
Keyword: governance
4Our Environmental, Social & Governance Strategy
With global operations across 11 countries and more than 250 locations, Copart strives to make a
positive impact. From supporting our local communities, to reducing our environmental footprint, we
believe it is our responsibility to manage environmental, social, and governance (ESG) risks, while also
creating shared value for our stakeholders.
Where We Focus
In 2022, Copart announced our ESG strategy, which is rooted in our company’s core values and centered around four impact areas. Within
each of these areas, Copart has established strategies, programs, and performance metrics to measure our progress across our operations.
Reducing Our Direct Prioritizing and Paving the Way Serving Our Communities
Environmental Footprint Empower
Keyword: governance
5Managing Our ESG Strategy At the Board level, Copart’s Nominating and Governance
Committee is responsible for overseeing the company’s ESG
To execute on Copart’s ESG strategy, we established an ESG Steering strategy, policies, and programs. This oversight includes approving
Committee, comprised of members from Copart’s Executive Management Copart’s Human Rights and Supplier Code of Conduct policies.
Team, cross-functional team members, and third-party consultants Copart’s Executive Management team provides updates to the full
with expertise in renewable energy, carbon emissions tracking, and Board on ESG matters from time to time.
communications and disclosure. The Committee discusses matters
related to key performance indicators and ensures accurate tracking,
while also setting strategic goals and objectives for the o
Keyword: governance
Governance
102-18 Governance structure Board of Directors
Proxy Statement, pages 17-20
18Disclosures Description Reference/Response
Governance (cont.)
102-22 Composition of the highest Board of Directors
governance body and its Corporate Governance Principles
committees Proxy Statement, pages 15-26
Compensation Committee Charter
Audit Committee Charter
Nominating and Governance Committee Charter
102-23 Chair of the highest governance Board of Directors
body
102-24 Nominating and selecting the Nominating and Governance Committee Charter
highest governance body Corporate Governance Principles
Proxy Statement, pages 20-21
102-25 Conflicts of interest Corporate Governance Principles, page 2
Code of Business Conduct
102-28 Evaluating the highest governanc
Keyword: governance
e Nominating and Governance Committee Charter
body’s performance Corporate Governance Principles, page 5
Proxy Statement, pages 15-26
102-36 Process for determining Corporate Governance Principles, page 5
remuneration Compensation Committee Charter
Proxy Statement, page 24
Stakeholder Engagement
102-40 List of stakeholder groups Copart engages a range of internal and external
stakeholders, which may include employees, buyers,
customers, stockholders, communities, suppliers,
governments, and others.
102-42 Identifying and selecting Copart identifies and engages with stakeholders based
stakeholders on their applicability to our business.
Reporting Practice
102-45 Entities included in the Copart Annual Report
consolidated financial statements
102-46 Defining report cont
Keyword: governance
405-1 Diversity of governance bodies Diversity, Equity, and Inclusion, page 13
and employees Proxy Statement, pages 15-17
Local Communities 103 Management Approach Copart in the Community, page 12
413-1 Operations with local community Copart in the Community, pages 15-16
engagement, impact assessments,
and development programs
Supplier Social Assessment 103 Management Approach Copart Supplier Code of Conduct
414-1 New suppliers that were screened Copart Supplier Code of Conduct
using labor practices criteria
Customer Privacy 103 Management Approach SASB Disclosures, page 17
418-1 Substantiated complaints regarding None during the reporting period
breaches of customer privacy and
losses of customer data
21
Keyword: bribe
Anti-bribery, anti-corruption, and anti-competitive behavior
Our Code of Conduct sets out the legal and ethical standards applicable to and access our disclosures
all employees worldwide. We do not tolerate any form of bribery, corruption, or anti-competitive
behavior among our employees, customers, or suppliers. Our compliance
• Employees receive annual mandatory training on our Code of Conduct;
program helps ensure compliance with anti-corruption laws everywhere we
managers receive additional training on how to receive and handle
operate. We require all mid-level and above salaried employees to complete
employee concerns.
mandatory training on anti-corruption when they join Corning and every
three years thereafter. We also have strict policies in pla
Keyword: bribe
• Implemented new global policies related to conflicts of interest, anti-bribery, and speaking up
2021 2022 2023 Goal
Employees who have responded to our Voice to Action survey 95% 96% 97% 100%
indicating that they understand our Code of Conduct
Employees who have responded to our Voice to Action survey 82% 85% 90% 100%
indicating that they understand how to report violations
We received a total of 110 reports alleging possible violations of Corning’s Code of Conduct and/
or noncompliance with laws or regulations through all our global reporting mechanisms. Of concerns
reported, 44 were substantiated, with appropriate corrective actions taken. More Corning Code of
Conduct reporting data for 2023 can be found here.
In 2023, Corning revamped its online compliance training curriculum, shifting to an annual cycle of
traini
Keyword: corruption
anti-corruption
anti-corruption, and
policy
data privacy
state they know how to report
allegations of ethical or legal
misconduct
up five percentage points from 2022
up 5% from 2022
Governance | 2023 highlights 52Ethical business practices Public policy advocacy
and lobbying
and compliance
Corning is committed to ensuring our public policy
engagement meets high ethical standards, is aligned with
our corporate interests and Values, and is conducted in full
Ethical- and compliance-minded business practices compliance with applicable laws and corporate policies.
Corning’s Government Affairs team supports, for example:
aligned with our Values underpin all we do.
Environmental regulations that promote a
comprehensive approach to cleaning the air
and protecting
Keyword: corruption
Anti-bribery, anti-corruption, and anti-competitive behavior
Our Code of Conduct sets out the legal and ethical standards applicable to and access our disclosures
all employees worldwide. We do not tolerate any form of bribery, corruption, or anti-competitive
behavior among our employees, customers, or suppliers. Our compliance
• Employees receive annual mandatory training on our Code of Conduct;
program helps ensure compliance with anti-corruption laws everywhere we
managers receive additional training on how to receive and handle
operate. We require all mid-level and above salaried employees to complete
employee concerns.
mandatory training on anti-corruption when they join Corning and every
three years thereafter. We also have strict policies in place to help ensure
Keyword: corruption
training on key compliance topics, including insider trading, antitrust, anti-corruption, and data privacy
• Introduced a revised and broadened compliance certification for management employees, covering a
range of possible conflicts of interest
• Implemented new global policies related to conflicts of interest, anti-bribery, and speaking up
2021 2022 2023 Goal
Employees who have responded to our Voice to Action survey 95% 96% 97% 100%
indicating that they understand our Code of Conduct
Employees who have responded to our Voice to Action survey 82% 85% 90% 100%
indicating that they understand how to report violations
We received a total of 110 reports alleging possible violations of Corning’s Code of Conduct and/
or noncompliance with laws or regulations through all our global reporting mechanisms. Of concerns
reported, 44 wer
Keyword: corruption
• 5,996 employees completed the new Anti-Corruption training course
Corning will assign a new cycle of training in November 2024. New employees joining the company are
assigned compliance training as part of their onboarding.
In addition, Corning updated its Compliance Certification, expanding the subjects covered and scope
of the disclosure. As of year-end 2023, 4,843 employees had completed the certification, which
represents 99% of those assigned.
Learn more about our approach to business ethics and compliance At Corning, we believe what we do will outlast us all, contributing
to a healthy and vibrant world for generations to come.
Photo by Chengzhuo Li, melting operator
Governance | Ethical business practices and compliance 54Sustainable supply chain
We’re committed to a global supply c
Keyword: corruption
205: Anti-corruption
3-3 Management of material topics Governance: Ethical business practices and compliance, p.53
205-1 Operations assessed for risks related to corruption Governance: Ethical business practices and compliance, p.53
205-2 Communication and training about anti-corruption policies and Governance: Ethical business practices and compliance, p.53
procedures
205-3 Confirmed incidents of corruption and actions taken Governance: Ethical business practices and compliance, p.53
206: Anti-competitive behavior
3-3 Management of material topics Governance: Ethical business practices and compliance, p.53
206-1 Legal actions for anti-competitive behavior, antitrust, and Governance: Ethical business practices and compliance, p.53
monopoly practices
301: Mater
Keyword: governance
Introduction Environment Governance
4 Letter from our chief 24 Our environmental strategy 53 Ethical business practices
executive officer and compliance
25 Energy and emissions
5 About this report 55 Sustainable supply chain
31 Water management
6 Sustainability highlights 58 Product quality and safety
32 Waste management
7 Interview with our vice president 59 Data security and data privacy
of sustainability and climate
initiatives
Photo
02 05 07
Vital to progress People and communities Appendix
9 Our business Our people 61 Hemlock Semiconductor
11 Our stakeholders 36 Investing in our workforce 62 Stakeholder engagement
12 Our approach to sustainability 41 Respecting and protecting 64 Data tables
human rights and labor
15 Corning sustainability network 69 TCFD disclosure
stan
Keyword: governance
Governance/corporate sustainability Operations environmental impact
that strengthen the resilience of our communities; and high-quality financial returns. Our enduring stakeholder relationships are based on trust
aA nt dC ro er sn pi en cg t, bw ue ilt t oa vk ee r a mn a a np y p yero aa rsc th h rt oo u s gu hs eta ni gn aa gb ei mlit ey n t th , a at d a hd erd er ne cs es e tos hk ie ghy ethical standards, and transparency. Patent and intellectual property Energy and climate action (Scope 2)
challenges of the moment and evolves to meet the needs of the future. protection
Governance/ OperationsW ater conservation
CorpRoisrka tmea Snuasgteamineanbtility Environmental Impact
Waste management
Ethical business practices
Patent & IP Protection Energy &
Keyword: governance
Corporate governance
categories: Data Privacy Biodiversity
CorpoTrraatnes Gpoavreernncayn caend reporting Efficient Use Pofe Roapwle M sautsetriaailnsability
TransCpaormenmcyu n&i tRye ipnovrotilnvgement and Diversity, equity, and inclusion
Commc.o Inrpvoolrvaetem ecnitti zenship
Human capital management
& Corp Citizenship People Sustainability
1 Social advocacy
Social Advocacy Occupational safety
Diversity, Equity & Inclusion
EnviroEnnmviernotnaml Aednvtoacl aacdyvocacy
Occupational health
Human Capital Management
Climate Resilience
Climate resilience
OccupationalR Seasfpeetyct for human and labor rights
First, our footprint –
Occupational Health
how our actions directly
Sustainable Supply Chain Respect for Human & Labor Rights
Sustainable supply chain Produc
Keyword: governance
Vital to progress | Our approach to sustainability 13Sustainability governance
Our sustainability governance structure works to accelerate and integrate our strategy throughout the company.
Our commitment to sustainability starts at the manage those topics as close to the relevant OCEO level, we have organized our prioritized (including the vice president of sustainability
top of our organization. Six committees of our operations as possible. For instance, we sustainability topics into five categories and climate initiatives), these leads comprise
Board of Directors oversee the development locate supply chain sustainability within Global and created Advice & Consent Committees our Sustainability Center of Excellence (CoE),
and execution of our sustainability efforts, with Supply Management and employee-related (ACCs)
Keyword: governance
focus sustainability governance below the several functions and corporate sustainability
Our sustOaiunra Sbuilsittayi ngaobvielitryn aGnocvee rsntarnuccet uSrteructure
Board Corporate Responsibility & Compensation & Nomination &
Audit Information Technology Finance
Oversight Sustainability Talent Management Corporate Governance
Cross-Category
Office of the CEO
Coordination
Advice & Consent Governance/Corporate Operations People Product Sustainable
Committees Sustainability Environmental Impact Sustainability Sustainability Supply Chain
Division
Market-Access Platforms (MAPs)
Implementation
2 Composed of seven executive leaders, the OCEO meets weekly to make decisions about topics of importance to the corporation.
Vital to progress | Our approach to sustainability 14Susta