SAN FRANCISCO--(BUSINESS WIRE)--
Pacific Gas and Electric Company (PG&E) today announced it has been
named to the “Climate A List” by the CDP, an international
not-for-profit that represents 827 investors with $100 trillion in
assets.
PG&E was selected from thousands of companies that submitted annual
climate disclosures to the CDP for an independent assessment against the
organization’s scoring methodology. PG&E was among 9 percent of
corporations participating in CDP’s climate change program to reach the
Climate A List, in recognition of the company’s actions to reduce
emissions and address climate change.
“PG&E is honored to be recognized for our ongoing work to combat climate
change and to create a low-carbon economy. We have a long history of
taking action on both fronts, and our work can be seen today as we
reduce our own carbon footprint, help our customers do the same, and
drive the implementation of innovative energy solutions,” said Melissa
Lavinson, PG&E’s chief sustainability officer and vice president of
federal affairs and policy.
The Climate A List was released today in CDP’s report, Out
of the starting blocks: Tracking progress on corporate climate action.
The report establishes a baseline for corporate climate action toward a
low-carbon economy and the opportunities this affords. The CDP will use
future annual reports to track companies’ progress on reducing emissions
in line with the goals of the historic Paris Agreement.
“We congratulate the 193 A List companies that are leading the charge
towards our low carbon future. Companies are key actors in enabling the
global economy to achieve its new climate goals, and the leadership of
this group points the way for others to take bold action and capitalize
on the many opportunities that await,” said CDP chief executive officer
Paul Simpson.
PG&E leaders attended the COP21 international climate talks in Paris as
part of California’s delegation to support an agreement to slow global
warming and promote the role gas and electric providers can play in
deploying large-scale low-carbon technologies to combat climate change.
PG&E also signed on to President Obama’s American Business Act on
Climate initiative, which rallied U.S. companies behind the need for
action on climate change.
More than 58 percent of the electricity that PG&E delivered to customers
in 2015 came from greenhouse gas-free and renewable resources—helping
achieve a carbon dioxide emissions rate approximately two-thirds cleaner
than the national average.
“PG&E continues to be a leader in the electric power sector in the fight
against climate change. By working to accelerate the adoption of new
technologies, reducing the impact of its own operations and engaging
with community and government partners, PG&E is playing a leading role
in driving the critical transition to a low-carbon economy in
California,” said Mindy Lubber, president of Ceres, a nonprofit
sustainability group, and a member of PG&E’s external Sustainability
Advisory Council.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E
Corporation (NYSE:PCG), is one of the largest combined natural gas
and electric utilities in the United States. Based in San Francisco,
with more than 20,000 employees, the company delivers some of the
nation’s cleanest energy to nearly 16 million people in Northern and
Central California. For more information, visit www.pge.com/
and www.pge.com/en/about/newsroom/index.page.
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Source: Pacific Gas and Electric Company