Xcel Energy reports increased corporate giving and other community results in its Corporate Responsibility Report for 2010
Xcel Energy's annual corporate responsibility report explains and discloses to customers, shareholders and key stakeholders the company's economic, social and environmental impacts in the communities it serves. View the online overview to find information quickly, along with the full and summary reports.
(3BL Media / theCSRfeed) August 9, 2011 - Xcel Energy increased charitable giving $1.23 million in 2010, according to the company’s third annual Corporate Responsibility Report. "Many of our corporate peers have had to reduce giving over the past two years, but we have maintained our corporate contributions and our employees have given more of their money and time, which we have been able to match," said Monique Lovato, director of Corporate Giving for Xcel Energy. “We saw contributions through our matching gift program increase 16 percent and employee volunteerism grow 15 percent in 2010.”
Company stakeholders can find details about these efforts in the People section of the new report, as well as other social highlights that include:
Maintaining a high-level of customer satisfaction at 92 percent positive
Investing about $179 million in energy efficiency programs that helped our customers save about 773 GWh of electricity, our best results ever in one year
Steadily improving employee safety with fewer incidents in 2010
Increasing contributions to energy assistance programs $1.9 million and dedicating more resources and expanding outreach efforts to increase participation in our programs for low-income customers
An online overview of the report is available for the first time, as well as the downloadable versions of the full and summary reports. We also provide a special index specific to Global Reporting Initiative Guidelines, making it easier for those who follow the guidelines to find information within the report. Prior to publishing its Corporate Responsibility Report, the company produced its Triple Bottom Line report for four years.