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ComEd today submitted to the Illinois Commerce Commission (ICC), which regulates the state’s public utilities, its first annual ethics and compliance report. The report describes ComEd’s internal controls and codes of conduct to provide increased transparency to the public and help ensure that the company adheres to rigorous ethical standards.
The annual report is a new requirement for the state’s electric and gas utilities under the Climate and Equitable Jobs Act (CEJA) that was passed in Illinois last fall. In addition to measures to decarbonize the power sector in Illinois and address equity needs in communities, the law includes a number of new requirements and provisions for Illinois utilities related to ethical conduct and transparency.
“As a regulated public utility and essential service provider, ComEd must be accountable to the more than 9 million people we serve in northern Illinois,” said ComEd CEO Gil Quiniones. “We are…
Full story available on Benzinga.com
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