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Pacific Gas and Electric Company (PG&E) is a publicly listed electric utility headquartered in San Francisco, United States. PG&E serves a total of 5.5 million electric customers and 4.5 million natural gas customers annually, and is one of the largest energy distributers in the US.
Summary
PG&E reports transparently on numerous sustainability topics but has clear potential to strengthen its performance in many areas. The company discloses the four pillars of its sustainability strategy – people, planet, prosperity, and performance – as well as its management approach for topics like energy, affordability, and greenhouse gas (GHG) emissions. However, it can increase transparency around local government partnerships and the outcomes of its stakeholder engagement activities.
The company sets a clear target to improve energy affordability by increasing the number of eligible customers enrolled in its savings assistance or alternative rates programmes, which reduce bills by 20-35%. It can improve its social sustainability performance by also disclosing its commitments and performance in relation to gender equality, living wages, and worker health and safety.
PG&E reports consecutive decreases in air pollution, scope 1 and 2 GHG emissions, and water withdrawal over the last three years. It has also achieved past targets for energy efficiency. The company should further disclose its approach to monitoring and mitigating its environmental impacts, as well as its natural disaster risk assessment and business continuity plans.
Ranking position
#32
/300
Total score
26.0
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
25.0
/100
Rank (0-300)
#29
Measurement area
Inclusive Cities
Score
# 1
37.5
/100
Rank (0-300)
#28
Measurement area
Healthy Cities
Score
# 1
15.0
/100
Rank (0-300)
#45
Measurement area
Climate Proof & Resilient Cities
Score
# 1
27.5
/100
Rank (0-300)
#20
Measurement area
Core Social Indicators
Score
# 1
25.0
/100
Rank (0-300)
#73
Industries
Industries
Energy distribution
#10
More about the company
Headquarters
United States of America
Ownership structure
Public
Revenue
USD 21,680 billion (2022)
Number of employees
26000 (2022)
Website
https://www.pgecorp.com
63716
