PG&E Named One Of America's Best Corporate Citizens
Utility Ranks 37th among United States Companies in "100 Best Corporate Citizens" List Published by CR Magazine
Apr 15, 2013, 07:00 ET
SAN FRANCISCO, April 15, 2013 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) has once again been named to the 100 Best Corporate Citizens list – a comprehensive ranking of Russell 1000 publicly held U.S. companies that best advance corporate responsibility and sustainability through disclosure, policy and performance. This is the sixth consecutive year that PG&E has been included in the 100 Best Corporate Citizens list.
"At PG&E, our commitment to sustainability spans our ongoing work to strengthen our core operations and provide safe, reliable and affordable service, to our numerous initiatives in areas such as clean energy, workforce development, environmental stewardship and community engagement," said Ezra Garrett, vice president of community relations and chief sustainability officer for PG&E. "Our placement on the 100 Best Corporate Citizens list demonstrates our ongoing commitment across these areas."
To identify the 100 Best Corporate Citizens, companies were evaluated on 298 data points of disclosure and performance in seven categories: environment, climate change, employee relations, human rights, governance, finance and philanthropy. Selected companies successfully demonstrated, through publicly available data, their robust efforts to drive disclosure, policy and performance in these categories.
"The publication of CR Magazine's 14th annual 100 Best Corporate Citizens list shines a spotlight on companies like PG&E with a strong commitment to transparency and responsible practices," added Elliot Clark, CEO of CR Magazine. "Each year we are pleased to witness the growing commitment by corporations in an effort to improve their performance."
All data was collected and analyzed by IW Financial, a Portland, Maine-based financial analysis firm serving the Environmental, Social, Governance (ESG) investment community. The full 100 Best Corporate Citizens list is posted on CR Magazine's website. An article about the 100 Best Corporate Citizens appears in the March/April 2013 issue of CR Magazine.
PG&E's annual Corporate Responsibility and Sustainability Report, available at http://www.pgecorp.com/sustainability, details PG&E's commitment to sustainability. The report covers PG&E's progress in areas such as public and employee safety, gas and electric operations, environmental performance, diversity and inclusion, customer energy programs, financial results and economic vitality.
PG&E recently announced that it was named one of the nation's three most sustainable large utilities by Target Rock Advisors, and has also been included in Target Rock's 2013 Sustainable Utility Leaders Index (SULI). The utility was also recently recognized as one of the 25 best companies nationwide for supplier diversity by HispanicBusiness Inc., a leading online business publication for the Hispanic market.
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 20,000 employees, the company delivers some of the nation's cleanest energy to 15 million people in Northern and Central California. For more information, visit http://www.pge.com/about/newsroom/ and www.pgecurrents.com.
SOURCE Pacific Gas and Electric Company (PG&E)
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