Consolidated Edison

InfluenceMap Score
B-
Performance Band
75%
Organisation Score
55%
Relationship Score
Sector:
Utilities
Head​quarters:
New York, United States
Official Web Site:

Climate Lobbying Overview: Consolidated Edison (Con Edison) appears to have positive engagement with climate-related policy. While Con Edison does not appear to have made top-level statements on the Paris Agreement or the IPCC, the company has engaged with a range of more specific climate policies, including taking legal action to support GHG emissions standards. These positive positions misalign, however, with the company’s membership in the American Gas Association (AGA), whose negative engagement includes recent lobbying to include fossil gas in the Biden administration reconciliation bill and a widespread campaign against building electrification.

Top-line Messaging on Climate Policy: Con Edison appears to have limited top-line messaging on climate policy. In its 2019 Climate Change Vulnerability Study, the company uses IPCC benchmarks to assess its own operations but does not provide a clear position on IPCC-demanded GHG reductions. Similarly, in its 2021 Climate Change Resilience and Adaptation report, Con Edison uses the Paris Agreement pathway as a means to evaluate its own climate change risks without stating a position on the need for a global climate deal. In a June 2022 article by the Brooklyn Paper, Con Edison appeared to support the climate provisions in the Build Back Better Act while speaking on an expert panel at the 2022 Brooklyn Energy Summit, which also included a director from the White House Council on Environmental Quality.

Engagement with Climate-Related Policy: Con Edison appears to have positive engagement on federal and state climate policies. In January 2022, Consolidated Edison signed a joint letter organized by the American Clean Power Association that advocated to Congressional leadership to pass the clean energy tax credits in the Build Back Better Act. In January 2021, Con Edison released a statement in support of the decision by the U.S. Court of Appeals to vacate the Affordable Clean Energy rule, a Trump-era rule designed to support coal-fired power plants. The company had previously taken legal action to challenge the ACE rule in 2019, opposing the rule as a member of the Power Companies Climate Coalition. In June 2020, Con Edison petitioned the U.S. Court of Appeals in defense of California’s right to set stricter vehicle emissions standards. In November 2019, the company also advocated to the EPA to preserve federal regulations on methane.

In its 2020 Sustainability Report published in June 2021, Con Edison stated support for several broad climate-related policies in New York state, including energy efficiency measures, New York’s target of 70% renewable energy by 2030, and the state’s target to reduce GHG emissions 85% from 1990 levels by 2050. In January 2020, Con Edison addressed a letter to New York City Councilmember Constantinides in general support of the Renewable Rikers Act, which would direct the Mayor's Office of Sustainability to conduct a feasibility study on the island’s potential to generate and store renewable energy.

Positioning on Energy Transition: Con Edison appears to have a positive position on the transition of the energy mix, with engagement focused mostly on transport electrification. In its 2020 Sustainability Report published in June 2021, Con Edison stated its support for New York State’s Climate Leadership and Community Protection Act, which requires 100% zero-emission electricity by 2040. On its corporate website, as of October 2021, the company states support for changes to local building codes that lead to reduced fossil fuel use in buildings. In August 2021, Con Edison tweeted in support of President Biden’s executive order that set a goal for half of all new vehicles sold in 2030 to be zero-emissions. In July 2021, the Wall Street Journal wrote about the electric vehicle charging network ambitions of the Electric Highway Coalition, of which Con Edison is a member. The company is also a founding member of the Zero Emission Transportation Association, which formed in November 2020 as reported by The Atlantic. At the state level, Con Edison engages positively with legislation on electric vehicle incentives. For example, in April 2021, Utility Dive reported on the company’s support for New York state legislation that sets a target for all new passenger cars and trucks to be zero-emission by 2035.

Industry Association Governance: Con Edison has a dedicated Political Engagement webpage where it discloses its trade association memberships but omits details on its own climate policy positions as well as those of the industry groups. The company discloses its membership to the American Gas Association, whose broadly negative stance on climate policy centers on supporting fossil fuel infrastructure, and to the Edison Electric Institute, which demonstrates mixed positions. On its corporate website, Con Edison neglects to disclose that its CEO, Timothy P. Crawley, serves on the Board of Directors for the American Gas Association.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
29%
 
29%
 
90%
 
90%
 
57%
 
57%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.