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PG&E Named Greenest Energy Provider in America and No. 4 Among Greenest Companies Overall

12/11/2017

SAN FRANCISCO--(BUSINESS WIRE)-- PG&E’s clean energy and sustainability initiatives have been recognized by the 2017 Newsweek Green Rankings, which named the company as the greenest energy provider in the nation and the No. 4 greenest company overall.

The annual rankings assess the sustainability performance of the 500 largest publicly-traded companies in the United States. PG&E maintained its top spot among gas and electric companies while improving on its 2016 overall ranking of No. 15.

“Creating a sustainable energy future is at the core of PG&E’s vision. This ranking reflects our progress in protecting the environment as we build a safe, reliable, affordable and clean energy future for our customers and communities. As we observe the real and present impacts of climate change, we are more motivated than ever to continue that work today and into the future,” said PG&E Corporation CEO and President Geisha Williams.

Newsweek performs its annual assessments in partnership with Corporate Knights, an independent research company, and HIP Investor Inc., a firm that rates companies and investments for their benefit or cost to society, and the associated risks or opportunities for investors.

The rankings are based on eight indicators covering energy, greenhouse gases, water, waste, green revenues, linking executive pay to sustainability, board-level committee oversight of sustainability and third-party audited environmental metrics.

PG&E’s commitment to sustainability includes:

  • Delivering power that’s among the cleanest in the nation, with nearly 70 percent coming from greenhouse-gas free resources.
  • Using state-of-the-art detection technology to find and eliminate methane leaks in its natural gas distribution system.
  • Working to deploy 7,500 electric vehicle charging stations throughout Northern and Central California.
  • Helping customers save $258 million on their energy bills through energy efficiency.
  • Launching the Better Together Resilient Communities grant program, a shareholder-funded initiative that will invest $2 million over five years to support local climate resilience planning efforts.
  • Achieving industry-leading supplier diversity results, directing $2.85 billion or 44.4 percent of our total procurement toward diverse-certified firms.
  • Convening an external Sustainability Advisory Council to help guide its sustainability efforts.

PG&E's annual Corporate Responsibility and Sustainability Report details the company's commitment to sustainability 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 pge.com/news.

Source: PG&E Corporation

PG&E Corporation

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