PG&E Named Greenest Energy Provider in America and No. 4 Among Greenest Companies Overall
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.
Contacts
PG&E Corporation
Media Relations, 415-973-5930