Letter to Stakeholders
The roots of our company date back well over a century. Over time, we have grown and flourished by delivering safe, reliable and affordable energy to our customers.
While this is our core mission, we must do more. We must look to secure not only the sufficient energy resources, but also the public support, market demand and skilled employees we will need over the long term.
This approach benefits both our business and our stakeholders.
- We minimize our environmental footprint. Our power generation emissions rate is roughly half the U.S. national average.
- We operate efficiently. In 2016, fresh water represented just 1 percent of our total water withdrawal.
- We evaluate potential projects based on a rigorous assessment of market trends. Most of our infrastructure assets are under contract for 20 years or longer.
- We respect our employees and their ideas. This report contains numerous examples of employee-driven innovation.
- We improve our performance in a wide range of areas including safety, reliability, diversity, energy efficiency and customer satisfaction. As a result, independent third parties continue to rank our company high on their indexes and scorecards.
By the year 2050, experts believe that there will be nearly 10 billion people living on our planet. They will need water to drink, food to eat, clean air to breathe, jobs to support their families – and energy to power their lives. We are building a company today that will help meet the energy needs of future generations.
This is what we mean by “sustainable growth.”
I welcome your comments and ideas as we continue our journey.
Debra L. Reed
Chairman, President & CEO, Sempra Energy