Consolidated Edison (ED)

Overall impact
D (20)

Commentary

Consolidated Edison is a below-average overall performer. With a 'D' rating of 20.4 for overall impact (bottom 10% of all companies), Consolidated Edison ranks 87th out of 95 industry peers, behind Energy Co of Parana, Envela, Meridian Energy and 83 others, and ahead of Westinghouse Electric, Evergy, PPL Corporation and 5 others. On top material causes for Consolidated Edison's industry (Utilities), Consolidated Edison performs well in Sanitation Access (86.1 score) and performs poorly in Accountable Institutions (0.0 score), Renewable Energy Growth (8.7), Terrestrial Biodiversity (0.0) and 13 other causes where it received a 'D' or 'F' score.
Impact
Cause ED
Peer rank
Overall impact

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Company
Founded
1823
Employees
14,592
Sector
Utilities
Industry
Multi-Utilities
Sub-industry
Multi-Utilities
SASB industry
Electric Utilities & Power Generators
Headquarters
Ny, United States
Share classes
ED
Mission
To provide energy services to our customers safely, reliably, efficiently, and in an environmentally sound manner; to provide a workplace that allows employees to realize their full potential; to provide a fair return to our investors; and to improve the quality of life in the communities we serve.
Description
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.2 million customers in southeastern New York. In addition, it operates 545 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 90,051 in-service line transformers; 3,788 pole miles of overhead distribution lines; and 2,314 miles of underground distribution lines, as well as 4,363 miles of mains and 380,870 service lines for natural gas distribution. Further, the company invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
Material causes
Ethos considers the following causes material for Consolidated Edison, based on its industry sub-industry Multi-Utilities. Learn more about material causes in our methodology overview.

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