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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Consolidated Edison Inc has demonstrated a high level of transparency in its climate lobbying disclosures. The company provides detailed information about its lobbying mechanisms, explaining that "Con Edison and its representatives directly and indirectly lobby policy makers at all levels of government both in our own name and via trade and other associations," and outlining its engagement with regulators, trade associations such as the Edison Electric Institute and the American Gas Association, as well as specific agencies like the NYISO and NYSPSC. In its policy disclosures, the company clearly identifies the key climate-related frameworks it supports—including New York State's Climate Leadership and Community Protection Act (CLCPA), New York City's Local Law 97 (and references to Local Law 154), and its involvement in initiatives like the NYC Public Policy Transmission Need—thereby providing clear context for the policies it engages with. Moreover, Consolidated Edison articulates specific outcomes it aims to achieve, such as facilitating the development of at least 9,000 MW of offshore wind power by 2035, ensuring the delivery of offshore wind energy into New York City's grid with targeted operational dates, and advancing broader goals in electrification and decarbonization. This comprehensive approach across its lobbying mechanisms, policy identification, and clearly defined desired outcomes reflects a comprehensive and transparent disclosure of its climate lobbying activities.
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4
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| Overall Assessment |
Comment |
Score |
| Comprehensive |
Con Edison demonstrates a comprehensive governance process for climate lobbying alignment, encompassing both direct and indirect lobbying activities. The company explicitly states that "Con Edison continuously reviews its lobbying activities and those of our trade associations to pursue alignment with the company's corporate policies and values." This review process is overseen by the "Corporate Governance and Nominating Committee of Con Edison's Board of Directors," which "receives periodic reports with respect to the company's political contributions, lobbying and trade association activities." Furthermore, Con Edison has institutionalized its Clean Energy Commitment (CEC) as "the primary guidance document for Con Edison's corporate values pertaining to clean energy, sustainability, and climate change," ensuring that all lobbying activities align with these values. The Corporate Affairs department holds "primary responsibility for all the company's lobbying and other external communications," and all policy positions and messaging are "carefully considered and reviewed to ensure compliance with and/or furtherance of the CEC." Regarding indirect lobbying, Con Edison employs robust mechanisms to monitor and address misalignments with trade associations. The company designates "specific employees to serve on committees, attend meetings, and generally monitor and engage with the association's policy development and lobbying." If misalignments are identified, Con Edison escalates the issue internally and takes actions such as "clearly communicating our position directly to the association staff and/or leadership," "insisting on edits to proposed language," and "acting independently of the association to clearly state Con Edison's position." In cases of significant misalignment, the company may "choose to end its affiliation with the group." Additionally, Con Edison leverages "company executives' engagement in the associations' leadership to further enhance our influence over association policies in pursuit of alignment with the company's values, priorities, and responsibilities." Senior executives serve on the Board of Directors of key trade associations, such as the Edison Electric Institute (EEI) and the American Gas Association (AGA), ensuring alignment with Con Edison's Clean Energy Commitment. Con Edison also provides transparency through publicly available lobbying reports and regulatory comments, which are updated annually. This indicates a robust governance process that includes monitoring mechanisms, accountability structures, and clear oversight by responsible parties, ensuring alignment of both direct and indirect lobbying activities with the company's climate goals.
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4
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