Sustainable financing

Integrating sustainability

We’re focused on investing in, developing and operating transmission and distribution (T&D) infrastructure in the most attractive markets in North America. Our mission is to build America's leading utility growth business, which, in our view, requires full integration of sustainable responsible development and climate considerations into our business strategy, operations and long-term investments.

Sempra’s Sustainable Financing Framework outlines a unique path to investing. We believe aligning our capital-intensive activities with our responsible business practices can support long-term, sustainable value for our shareholders and other stakeholders.

Sustainable financing framework

Second party opinion

Reporting and accountants’ attestations

Sempra’s Sustainable Financing Framework outlines the path to investing in three key capabilities: decarbonization, diversification and digitalization. We believe aligning our capital-intensive activities with our sustainable business practices can support long-term, sustainable value for our shareholders and other stakeholders.

SUSTAINABLE FINANCING FRAMEWORK

Vigeo Eiris (V.E) has provided a second party opinion after reviewing Sempra’s Sustainable Financing Framework. V.E, a Moody’s affiliate, is an independent global provider of ESG solutions serving the investor and issuer communities.

Second Party Opinion

Sempra, SDG&E and SoCalGas will publish an annual report each year until the full allocation of the net proceeds of each sustainable financing instrument issued by such company. The report will include allocation reporting along with relevant environmental and social impact reporting. These reports will be reviewed by an independent registered public accounting firm who will attest to management’s assertions of the net proceeds allocations.