For Immediate Release
recognized by Forbes as a Best Employer for Women in US
PHILADELPHIA (August 27, 2018) – On Sunday, August 26, the nation celebrated Women's Equality Day, commemorating the 98th anniversary of the signing of the 19th Amendment into the US Constitution, officially granting women the right to vote.
PECO recognized the holiday with a special message on the headquarters' Crown Lights. PECO is also celebrating another milestone in women's equality, having recently been announced as a "Best Employer for Women" in the nation as part of Forbes' inaugural research study on the designation.
Forbes partnered with market research company Statista to anonymously survey 40,000 Americans on topics like working conditions, diversity, parental leave, discrimination and pay equity. The final list ranks the top 300 US employers with over 1,000 employees that both received the most recommendations from respondents and had the most gender diverse boards and executive ranks.
Since 2012, the number of women employed at the company has risen by 15 percent. PECO actively fosters a diverse and inclusive culture across all levels of the company, as evidenced by the fact that half of PECO's vice presidents are currently women.
"We believe PECO's robust suite of employee training programs, cross-departmental collaborative projects and support of employee resource groups – including the Philadelphia chapter of Networking Exelon Women – is part of what drives high levels of employee satisfaction," says PECO president and CEO, Mike Innocenzo. "Diversity, inclusion and equality are integral parts of our everyday culture, in pay and benefits as well as in opportunities, for men and women at PECO."
Additionally, PECO has a long history of supporting community efforts that benefit women and girls, including STEM educational programs through partnerships with organizations like Girl Scouts of Southeastern Pennsylvania, and workforce development efforts through Career Wardrobe.
PECO, founded in 1881, is Pennsylvania's largest electric and natural gas utility. Headquartered in Philadelphia, PECO delivers energy to more than 1.6 million electric customers and more than 516,000 natural gas customers in southeastern, Pennsylvania. The company's 2,500 employees are dedicated to the safe and reliable delivery of electricity and natural gas as well as enhanced energy management conservation, environmental stewardship and community assistance. PECO was named 2017 Best Mid-size Employer in Philadelphia by Forbes Magazine. The company also has an estimated annual economic impact of $4.3 billion in Pennsylvania, supporting more than 8,700 local jobs and producing $732 million in labor income. PECO is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's only Fortune 100 utility and leading competitive energy provider. For more information visit PECO.com, and connect with the company on Facebook and Twitter.
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