Constellation Energy Corp

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Constellation Energy provides a high level of transparency around its climate-policy lobbying. The company names numerous specific measures it engages on, including the “Clean Energy Standard in New York,” the “Zero Emissions Standard in Illinois,” the “production tax credit for existing nuclear units” in the Inflation Reduction Act, Pennsylvania’s entry into the Regional Greenhouse Gas Initiative, the U.S. EPA’s proposed “GHG emission limits and guidelines for fossil fuel-fired power plants,” and the bipartisan “Nuclear Fuel Security Act,” among others, giving clear policy titles and jurisdictions. It is equally explicit about how and where it lobbies: disclosures list “ad-hoc meetings,” “submitting written proposals/inquiries,” “participation in working groups organized by policymakers,” “responding to consultations,” “direct communication with legislators and regulators,” the use of an employee-funded PAC, CEO testimony before the Senate Energy and Natural Resources Committee, and the intention to “file comments with the U.S. Environmental Protection Agency (EPA),” thereby identifying both the mechanisms and the targets (Congress, EPA, U.S. Treasury, state governments). Finally, Constellation states concrete objectives, such as securing inclusion of existing nuclear plants in Section 45V hydrogen credits, obtaining a “production tax credit for existing nuclear units,” preserving and extending nuclear plant licences by at least 20 years, supporting strict EPA carbon-pollution standards while ensuring grid reliability, and seeking “$3.5 billion” for domestic nuclear-fuel supply. These detailed explanations of the policies, the methods used to influence them, and the precise outcomes sought together demonstrate comprehensive disclosure of the company’s climate-related lobbying activities. 4
Lobbying Governance
Overall Assessment Comment Score
Moderate Constellation Energy Corp demonstrates moderate governance over its direct public advocacy by integrating its Public Policy and Sustainability teams and subjecting their program to recurring oversight, but the company does not disclose management of indirect lobbying or a commitment to align with the Paris Agreement. For example, “Public Policy and Sustainability organizations work collaboratively to ensure that our public advocacy is consistent with our climate commitments,” and this program is overseen by “Constellation’s Environmental Council,” which “meets four times per year to review policies and initiatives, ensure strategic alignment, discuss emerging environmental trends and make informed suggestions to senior executive leadership.” The role of the board is evident as the “Corporate Governance Committee of the Board of Directors reviews sustainability and climate change strategies, including efforts to protect and improve the environment,” and executive oversight is provided by the “Constellation Sustainability Council, led by the Vice President of Sustainability and Climate Strategy.” However, we found no evidence of any process to align indirect lobbying through industry associations, and the company confirms it does not have, and does not plan to have, a “public commitment or position statement to conduct [its] engagement activities in line with the goals of the Paris Agreement.” 2