SAN FRANCISCO--(BUSINESS WIRE)--
PG&E Corporation today announced it has again been named to the
prestigious Dow
Jones Sustainability North America Index, which lists North American
companies that lead their industries in corporate economic,
environmental and social performance.
This marks the eighth time that PG&E has been selected for the North
America Index, which serves as a benchmark for investors who integrate
sustainability considerations into their portfolios, while providing a
platform for engaging companies who want to adopt sustainable best
practices. PG&E was one of only eight U.S. gas and electric companies to
make the North America Index in the 2017 annual review.
“Sustainability is at the center of PG&E’s vision and is driving
innovation and investment as we move toward a low-carbon economy. This
work promotes continuous improvement and strengthens our results for
customers, employees, investors and all of our stakeholders. We are
honored to be recognized for these efforts,” said Geisha Williams, CEO
and President of PG&E Corporation.
PG&E earned its place on the North America Index based on sustainability
accomplishments achieved in 2016, which include:
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Investing nearly $6 billion to enhance our infrastructure and improve
safety and reliability.
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Delivering some of the nation’s cleanest energy, with nearly 70
percent of our electricity coming from greenhouse-gas free resources.
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Achieving the second-best year for electric reliability in PG&E’s
history, despite challenging weather.
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Completing substantial work across our natural gas system, including
the milestone of inspecting 1 million gas service lines using
state-of-the-art Picarro mobile gas leak detection technology.
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Helping customers save $258 million on their energy bills through
energy efficiency.
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Achieving industry-leading supplier diversity results, directing $2.85
billion or 44.4 percent of our total procurement toward
diverse-certified firms.
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Surpassing our goals for Step Up and Power Down, an initiative that
engaged more than 1,275 companies in San Francisco and San Jose in
saving energy.
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Devoting $28 million to charitable organizations through our Better
Together Giving Program and setting a company record with 96,800
employee volunteer hours.
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Launching the Better Together Resilient Communities grant program, a
shareholder-funded initiative that will invest $1 million over five
years to support local climate resilience planning efforts.
The Dow Jones Sustainability Indices (DJSI) track the performance of
leading sustainability-driven companies worldwide. In selecting the top
performers in each industry sector, DJSI evaluated companies on issues
such as corporate governance, risk management, climate change,
supply-chain management, customer relations, corporate citizenship and
philanthropy, and labor practices, with a special focus on
industry-specific risks and opportunities.
More information about PG&E’s sustainability efforts is available at www.pgecorp.com/sustainability.
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 energy companies 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: PG&E Corporation