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PG&E Launches Companywide Sustainability Goal to Reduce 1 Million Tons of Greenhouse-Gas Emissions from Operations

 July 12, 2018 - 1:00 PM EDT

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PG&E Launches Companywide Sustainability Goal to Reduce 1 Million Tons of Greenhouse-Gas Emissions from Operations

SAN FRANCISCO

Building on ongoing sustainability efforts, Pacific Gas and Electric
Company (PG&E) today announced a new goal to reduce 1 million tons of
greenhouse-gas emissions from company operations through 2022. The goal
advances PG&E’s progress toward meeting the challenge of climate change
and creating a sustainable energy future.

“At PG&E, a sustainable energy future is our North Star and this new
goal directly aligns with our company’s vision. By reducing our
emissions by roughly 10 percent, we are extending our ongoing
sustainability efforts and doing our part to protect the environment.
Achieving sustainability means addressing climate change in the way we
work every day as we continue to provide safe, reliable, affordable and
clean energy to our customers,” said Geisha Williams, CEO and President
of PG&E Corporation.

Called the Million Ton Challenge, PG&E aims to reduce emissions from its
operations over a five-year period. Through the company’s operational
plans, PG&E aims to:

  • Make its facilities more energy efficient and sustainable
  • Reduce methane emissions from natural gas operations
  • Increase clean vehicles and fuels in its fleet
  • Adopt environmentally responsible products, with an early focus on
    electric substation equipment

Additionally, PG&E is encouraging employees to join the challenge by
making a pledge to reduce their carbon footprint at work and home.

“It’s more critical than ever to see companies like PG&E step forward
with states, cities and others to demonstrate leadership in the fight
against climate change. In pledging to reduce its climate impact, it’s
clear that PG&E is making a concerted effort to lead by example across
its business operations,” said Heather Zichal, Managing Director of
Corporate Engagement, The Nature Conservancy and a member of PG&E’s
Sustainability Advisory Council.

Supporting Sustainability for PG&E Customers

As part of the company’s ongoing efforts, PG&E continues to support
sustainability for its customers by integrating more clean and renewable
energy onto the grid and offering clean energy options.

Thirty-three percent of PG&E’s electricity came from renewable resources
including solar, wind, geothermal, biomass and small hydroelectric
sources in 2017. The milestone comes three years ahead of the state’s
2020 mandate for energy companies to reach 33 percent of retail electric
deliveries from eligible renewable sources.

Additionally, nearly 80 percent of PG&E's total electric power mix is
from greenhouse-gas free sources including nuclear, large hydro and
renewable sources of energy. The company is also on pace to reach
California's 2030 goal of 50 percent renewables and a separate company
goal of 55 percent renewables by 2031 ahead of schedule.

PG&E offers additional clean energy options to its customers. Through PG&E’s
Solar Choice
and Regional
Renewable Choice
programs, all customers have the option of solar
and renewable energy without having to install private rooftop solar
panels or other onsite generation.

Through targeted electric vehicle (EV) programs, PG&E aims to help
accelerate the adoption of EVs to support clean transportation in
California. For example, through its EV
Charge Network program
, PG&E will install 7,500 EV chargers at
condominiums, apartment buildings and workplaces across Northern and
Central California, including at sites in disadvantaged communities.

Sustainability Recognition

PG&E has been recognized in nationwide sustainability and corporate
responsibility rankings including:

  • Newsweek Green Ranking: PG&E was named
    the greenest energy provider
    in the nation and the No. 4 greenest
    company overall in 2017. The annual
    rankings
    assess the sustainability performance of the 500 largest
    publicly-traded companies in the United States.
  • Dow Jones Sustainability North America Index: PG&E Corporation
    was named
    to the prestigious Dow
    Jones Sustainability North America Index in 2017
    , which lists
    North American companies that lead their industries in corporate
    economic, environmental and social performance. This marked the eighth
    time that PG&E was selected for the North America Index, which serves
    as a benchmark for investors who integrate sustainability
    considerations into their portfolios.
  • 100 Best Corporate Citizens: PG&E was named to the list of 100
    Best Corporate Citizens
    by Corporate Responsibility Magazine in
    2018, the fourth straight year PG&E earned this distinction. PG&E
    ranked No. 54 on the list.
  • Civic 50: PG&E was once again named to The
    Civic 50
    list of America’s 50 most community-minded companies in
    2017.

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.

Pacific Gas and Electric Company
Media Relations, 415-973-5930

Source: Business Wire
(July 12, 2018 - 1:00 PM EDT)

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