| Constellation Energy Awards EcoStar Grants to Community Stewards |
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| News archive - Green energy | |||
| Monday, 26 April 2010 07:11 | |||
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Constellation Energy (NYSE: CEG) today announced that it has awarded 62 EcoStar Grants totaling $300,000 to nonprofit organizations engaged in environmental stewardship projects in states where Constellation Energy does business. The grants of up to $5,000 each will fund community-based projects that support Constellation Energy’s long-standing commitment to protecting the environment. Funding was provided by the Constellation Energy Foundation, which launched its newly created EcoStar Grant program in January.
EcoStar Grants were awarded to projects that fit into one or more of five stewardship categories: pollution prevention, education and outreach, energy efficiency, conservation and community activism. The awards went to recipients in 14 states and will support a variety of initiatives, ranging from urban gardens and wetland restoration projects to innovative programs promoting energy efficiency and improved air quality, among many others. “As we celebrate Earth Day this week, the EcoStar Grant program serves as a powerful reminder of our responsibility to invest in organizations making a difference in our communities and to encourage continued environmental leadership and involvement from our employees,” said Paul J. Allen, senior vice president of corporate affairs for Constellation Energy. “A successful commitment to environmental stewardship must start at the grassroots, community level. That’s why the EcoStar Grant program is an essential component of Constellation Energy’s broader strategy to make the environment cleaner by advocating for policies promoting our transformation to a low-carbon economy and investing in clean energy sources, expanded conservation programs and a smarter, more efficient electric grid.” In 2009, Constellation Energy announced that it intends to join the ranks of companies that give one percent or more of their annual operating income to support charitable organizations and causes. The EcoStar Grant program is one of a range of initiatives, donations and grants targeting the company’s key areas of focus – energy, education, economic growth, the environment and employee involvement.
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