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SoCalGas Releases 2023 Corporate Sustainability Report

The report highlights the utility's progress on its ASPIRE 2045 sustainability strategy LOS ANGELES, May 13, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) released its stand-alone chapter of parent company Sempra's 2023 Corporate Sustainability Report today, demonstrating SoCalGas' dedication to keeping stakeholders informed on the progress of its sustainability strategy, key milestones, and achievements. SoCalGas' ASPIRE 2045 sustainability strategy aligns with Sempra's sustainable business strategy to invest in safe and resilient operations, engage people and communities, and innovate for the future. The report details SoCalGas' ongoing sustainability efforts that support its aim to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045. It also highlights the utility's efforts to modernize its system infrastructure, support the continued development of clean fuels, enhance energy access and affordability, and invest in local communities and its workforce. Click here to read the SoCalGas Corporate Sustainability Report chapter. "Sustainability is a fundamental part of our business strategy. The progress in this report represents our next step in an exciting evolution in serving customers and communities while reducing greenhouse gas emissions, promoting energy efficiency and resiliency, and advancing California's climate goals," says Jawaad Malik Chief Strategy and Sustainability Officer at SoCalGas. "Our ASPIRE 2045 sustainability strategy focuses on key areas where we can create strong positive benefits for our customers, employees, and the communities we serve." 2023 report highlights: Approximately 39% reduction in methane emissions through 2022[1] surpassing 2025 state goal of 20% and nearing 2030 goal of 40%[2] 100% green tariff enrollment for grid-connected company facilities where local electric utility green tariff program is available[3] 38% alternative fuel vehicle conversion of over-the-road-fleet, with aim of 100% zero emission over-the-road fleet vehicles by 2035 100% eligible customers enrolled in support program, enhancing energy access and affordability[4] 100% Renewable Natural Gas (RNG) delivered through SoCalGas compressed natural gas refueling stations 10 RNG interconnections supplying renewable gas to SoCalGas' pipeline network 47.3 million therms avoided by customers through energy efficiency programs – equivalent to the annual gas consumption of approximately 118,000 homes 26% reduction in pipeline excavation damage rate from a 2020 baseline, supporting safety and progressing toward a 2030 target of 40% reduction[5] $1.02 billion spent with diverse suppliers[6] making up 44% of total procurement, including 152 new diverse firms in 2023, totaling $54 million dollars "Thanks to SoCalGas' Climate Champions Grant program, our organization was better equipped to take on ecosystem degradation in the Santa Monica Mountains and increase biodiversity while creating employment opportunities for disadvantaged youths with limited resources," said Deanna Armbruster, Executive Director at Santa Monica Mountains Fund. "SoCalGas' sustainability investments continue to play a vital role in fostering community development, promoting environmental stewardship, and improving the well-being of in our local communities." SoCalGas is a leader among utilities in its sustainability goals and was among the first and largest natural gas distribution utilities in the United States to announce its aim to achieve net-zero greenhouse gas emissions by 2045. Additionally, SoCalGas' energy efficiency programs are some of the largest in the United States. The utility recently earned the ENERGY STAR "Partner of the Year Award" by the U.S. Environmental Protection Agency (EPA) for the second consecutive year and was a founding member of the EPA Natural Gas Star Program in 1993, voluntarily implementing technologies and practices to reduce methane emissions. SoCalGas was also recently honored with the top "Business Transformation Award" from Reuters Events for establishing transformative sustainability priorities that have the potential to create impact at scale in their sector and beyond. One such transformative effort, SoCalGas' [H2] Innovation Experience, a clean hydrogen microgrid demonstration project, has been named a World-Changing Idea by Fast Company and was also awarded the U.S. Green Building Council of L.A.'s Sustainable Innovation Award. Learn more about SoCalGas's sustainability efforts at https://www.socalgas.com/sustainability. About SoCalGas    Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources.    SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure company based in San Diego.    For more information visit socalgas.com/newsroom or connect with SoCalGas on X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook.     This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations and other proceedings, and changes to laws and regulations, including those related to tax and trade policy; cybersecurity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third parties with which we conduct business, including the energy grid or other energy infrastructure; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by failures in the pipeline system or limitations on the withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website,  www.sec.gov, and on Sempra's website,  www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. [1] Based on third-party verification under ISO 14064-3:2019 Standard using a 2015 baseline calculation of methane emissions (leaks and vented emissions) through 2022.[2] Based on goals established in Senate Bill (SB) 1371 and SB 1383[3] Reflective of facilities where local electric utility green tariff program is available, representing approximately 86% of all grid-connected company facilities.[4] The California Alternative Rates for Energy (CARE) Program is available for eligible low-income customers to receive a 20% discount on their natural gas bill. The California Public Utilities Commission (CPUC) sets CARE enrollment rate goals for each regulated utility, which may vary by year. 2023 figures reflect enrollment rates of 110% for SoCalGas, calculated based on actual customer enrollment against an estimated total of income-eligible customers as determined and defined by the CPUC.[5] Attaining the 2030 target will require continued program expansion including hiring additional Damage Prevention Analysts and implementing improvement initiatives such as the 811 Ambassador Program. [6] Reflects the categories subject to the CPUC's General Order 156 SOURCE Southern California Gas Company

Sempra Releases Ideas with Energy, 2023 Corporate Sustainability Report

SAN DIEGO, May 9, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today shared its 2023 Corporate Sustainability Report – Ideas with Energy – highlighting how the company's sustainable business practices are helping to improve its scale, resiliency and risk profile, while also contributing to a healthier, more secure and prosperous future for its stakeholders. "In many ways, the opportunity to improve health, well-being and prosperity depends on the buildout and modernization of energy infrastructure – and that is the focus of our corporate strategy," said Jeffrey W. Martin, chairman and CEO of Sempra. "The success of our company is driven by our high-performance team that is motivated by our shared values—do the right thing, champion people and shape the future. We will continue to approach global energy challenges with an entrepreneurial mindset, steadfast optimism and confidence in our collective strength to deliver energy with purpose." Sempra's three growth platforms – Sempra California, Sempra Texas and Sempra Infrastructure – are strategically positioned in significant economic markets where public policy supports increased investment in transmission and distribution infrastructure. This portion of the energy value chain is often viewed as critical to enabling widespread adoption of clean transportation, greater renewable penetration, and more reliable and resilient grids that power growing economies. In its 2023 corporate sustainability report, Sempra updated its sustainable business strategy to reflect three areas that are pivotal to meeting these evolving market needs: Investing in safe and resilient operations: Sempra prioritizes investments designed to strengthen the safety and resilience of its energy networks. Engaging people and communities: Sempra fosters a high-performance culture built on ethical business practices and responsible engagement with our communities and stakeholders. Innovating for the future: Sempra advances commercial, technology, regulatory and policy innovations to better serve the evolving needs of customers and society at large. "Our updated strategy is a testament to our proactive efforts to help build a more agile, resilient and sustainable business for all our stakeholders," said Lisa Larroque Alexander, senior vice president of corporate affairs and chief sustainability officer of Sempra. "This report showcases the collective efforts and ingenuity of our employees, suppliers, business partners and customers who join together to advance a better future for all." The sustainability report is part of the company's ongoing stakeholder engagement program which also includes its Annual Shareholder Meeting, being held virtually today, as well as with robust discussions throughout the year with employees, policy makers, shareholders and other stakeholders. View the full report and learn more about our sustainability journey at: www.sempra.com/2023-corporate-sustainability-report. About Sempra Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, rates from customers or a combination thereof; decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), Comisión Reguladora de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, including risks related to (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, (iv) obtaining third-party consents and approvals and (v) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations, property disputes and other proceedings, and changes to laws and regulations, including those related to tax and trade policy and the energy industry in Mexico; cybersecurity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third parties with which we conduct business, including the energy grid or other energy infrastructure; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of San Diego Gas & Electric Company's (SDG&E) and Southern California Gas Company's (SoCalGas) customer rates and their cost of capital and on SDG&E's, SoCalGas' and Sempra Infrastructure's ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices, (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of meeting the demand for lower carbon and reliable energy in California, and (iii) with respect to Sempra Infrastructure's business, volatility in foreign currency exchange rates; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, pipeline system or limitations on the withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra

A letter from our chief sustainability officer

At Sempra, our mission to be North America’s premier energy infrastructure company centers on the idea of lifting up those we serve. In communities around the world, energy infrastructure underpins safety, health and well-being, and economic prosperity. As one of the largest operators of energy grids in North America, we are energized by our opportunity to help enable safer, healthier and more prosperous communities. We imagine a future increasingly resilient to severe weather, where businesses and people of all ages and backgrounds thrive with access to secure, affordable and cleaner energy. The theme of this year’s sustainability report, Ideas with Energy, speaks to our work to help achieve this future. Our sustainable business practices are key to executing our mission. In 2023, working with our board of directors and with the input of many stakeholders, we refreshed our sustainable business strategy to further scale our business and create long-term value for our stakeholders. This strategy includes: Investing in safe and resilient operations: Safety is foundational to our operations, business and communities we serve. We prioritize investments that strengthen safety and resilience, while also modernizing energy infrastructure and embracing technology to better serve our customers. Engaging people and communities: Our high-performance culture starts with shared trust and diversity of experiences and also extends to our responsible engagement with customers, policy makers, investors and other stakeholders. We invest in our employees and the communities we serve and endeavor to assess and improve our impact every year. Innovating for the future: Our innovation strategy focuses on developing capabilities to efficiently pilot and deploy new technologies — and it doesn’t stop there. Our organizational capacity extends to structuring new commercial partnerships to advance our corporate strategy and help meet evolving customer and market needs. We operationalize these strategies across Sempra’s three growth platforms — Sempra California, Sempra Texas and Sempra Infrastructure — through our shared governance model. In combination, this results in a more goal-driven and scalable enterprise with an improved risk profile and greater transparency around long-term performance for its shareholders. For our stakeholders, a healthier, more secure and prosperous future tied to success in scaling and modernizing the energy grid. We couldn’t be more excited about our mission. Thank you for your interest in our company as we advance Ideas with energy. Lisa Larroque Alexander Senior Vice President, Corporate Affairs and Chief Sustainability Officer

Sempra Reports First-Quarter 2024 Results

Reports $3B System Resiliency Plan Filed at Oncor Reaches FID on Cimarr ó n Wind Farm at Sempra Infrastructure SAN DIEGO, May 7, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported first-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $801 million or $1.26 per diluted share, compared to first-quarter 2023 GAAP earnings of $969 million or $1.53 per diluted share. On an adjusted basis, first-quarter 2024 earnings were $854 million or $1.34 per diluted share, compared to $922 million, or $1.46 per diluted share in 2023. "At Sempra, we are off to a great start in 2024. We are seeing strong economic growth in our core markets with increased interest in renewables, electric vehicles, digital infrastructure and the continued electrification of the economy," said Jeffrey W. Martin, chairman and CEO of Sempra. "Our infrastructure-centered strategy has us well positioned to continue modernizing and expanding the energy grid to help meet the needs of our customers." The reported financial results reflect certain significant items as described on an after-tax basis in the following table of GAAP earnings, reconciled to adjusted earnings, for first-quarter 2024 and 2023. (Dollars and shares in millions, except EPS) Three months ended March 31, 2024 2023 GAAP Earnings $ 801 $ 969 Equity losses from write-off of rate base disallowances resulting from Public Utility Commission of Texas' final order in Oncor Electric Delivery Company LLC's comprehensive base rate review — 44 Impact from foreign currency and inflation on monetary positions in Mexico 41 109 Net unrealized losses (gains) on derivatives 12 (217) Net unrealized losses on contingent interest rate swap related to initial phase of the Port Arthur LNG liquefaction project — 17 Adjusted Earnings (1) $ 854 $ 922 Diluted Weighted-Average Common Shares Outstanding 635 632 GAAP EPS $ 1.26 $ 1.53 Adjusted EPS (1) $ 1.34 $ 1.46 1) See Table A for information regarding non-GAAP financial measures. Sempra California Sempra California continues to invest in innovation and infrastructure to help meet the state's clean energy goals. In March, Sempra California joined its peers in filing an application with the California Public Utilities Commission (CPUC) to develop a series of projects to demonstrate hydrogen blending in the natural gas system. Hydrogen blending has been identified by California as a key component of its efforts to achieve the state's decarbonization goals. This application is an important step toward development of a statewide standard for hydrogen blending with a view toward accelerating the expansion of a cleaner, more resilient grid. Furthering its track record of helping California lead the nation in electric vehicle adoption, San Diego Gas & Electric Co. recently celebrated the installation of charging infrastructure to provide reliable and accessible charging options for medium- to heavy-duty electric freight trucks crossing the U.S.- Mexico border. Additionally, the U.S. Environmental Protection Agency recognized Southern California Gas Co. with an ENERGY STAR Partner of the Year distinction for exemplary dedication to energy efficiency programs that help customers save money and reduce emissions. Of note, progress also continues with the general rate cases before the CPUC. A proposed decision is anticipated in second-quarter 2024 with a final decision expected before year end. As a result, Sempra California recorded CPUC revenues in first-quarter 2024 based on 2023 authorized levels. Sempra Texas Sempra Texas continues to see broad economic expansion across its service territory with notable growth in residential, commercial and industrial development, including the siting and development of digital infrastructure such as data centers and microchip and semiconductor manufacturing facilities. Yesterday, Oncor Electric Delivery Company LLC (Oncor) filed a system resiliency plan outlining nearly $3 billion of strategic capital investments to be invested over the next three years in system hardening and grid modernization, cyber threat prevention, enhanced vegetation management, wildfire mitigation, new technology and other resiliency measures. These investments build upon the measures already in place and represent Oncor's first proposed plan under the new regulatory framework established by Texas House Bill 2555, which aims to improve reliability and resiliency for customers and improve the timeliness of cost recovery for expenditures in approved plans. In accordance with the referenced law, the Public Utility Commission of Texas may take up to 180 days to review the plan, and if approved, Oncor expects to begin implementing the plan in 2025. At the end of first-quarter 2024, Oncor had 781 active generation and large commercial and industrial transmission point-of-interconnection (POI) requests in queue, representing a 20% increase as compared to the end of first-quarter 2023. In first-quarter 2024, Oncor placed into service 9 major substations and 24 circuit miles of new or upgraded high-voltage transmission lines within the jurisdiction of the Electric Reliability Council of Texas. Sempra Infrastructure Sempra Infrastructure's operational excellence and strong project development capabilities continue to drive its strategy of executing on energy infrastructure projects expected to play a crucial role in the energy systems of the future. This includes continued development of liquefied natural gas export facilities, associated pipelines, renewables, carbon capture and energy networks. Construction of Energía Costa Azul LNG Phase 1 and Port Arthur LNG Phase 1 remain on schedule. Energía Costa Azul LNG Phase 1 construction is now over 80% complete and remains on track to commence commercial operations in summer 2025. Additionally, Sempra Infrastructure made a positive final investment decision and began construction of the Cimarrón wind project, the third phase of the Energía Sierra Juarez (ESJ) wind complex. The total project is anticipated to provide approximately 320 megawatts of wind capacity. The Cimarrón project will utilize Sempra Infrastructure's existing cross-border, high-voltage transmission line interconnecting the ESJ wind complex directly into the California Independent System Operator grid to support a 20-year power purchase agreement with Silicon Valley Power in Santa Clara, Calif. Total capital expenditures for the project are estimated at $550 million, and the project is expected to commence generating energy in late 2025. Earnings Guidance Sempra is updating its full-year 2024 GAAP earnings per common share (EPS) guidance range to $4.52 to $4.82 reflecting actual results through the first quarter, affirming its full-year 2024 adjusted EPS guidance range of $4.60 to $4.90, and affirming its full-year 2025 EPS guidance range of $4.90 to $5.25. The company is also affirming its projected long-term EPS growth rate of 6% to 8%. Non-GAAP Financial Measures Non-GAAP financial measures include Sempra's adjusted earnings, adjusted EPS and adjusted EPS guidance range. See Table A for additional information regarding these non-GAAP financial measures. Internet Broadcast Sempra will broadcast a live discussion of its earnings results over the internet today at 12 p.m. ET with the company's senior management. Access is available by logging onto the Investors section of the company's website, sempra.com/investors. The webcast will be available on replay a few hours after its conclusion at sempra.com/investors. About Sempra Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, rates from customers or a combination thereof; decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), Comisión Reguladora de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, including risks related to (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, (iv) obtaining third-party consents and approvals and (v) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations, property disputes and other proceedings, and changes to laws and regulations, including those related to tax and trade policy and the energy industry in Mexico; cybersecurity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third parties with which we conduct business, including the energy grid or other energy infrastructure; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of San Diego Gas & Electric Company's (SDG&E) and Southern California Gas Company's (SoCalGas) customer rates and their cost of capital and on SDG&E's, SoCalGas' and Sempra Infrastructure's ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices, (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of meeting the demand for lower carbon and reliable energy in California, and (iii) with respect to Sempra Infrastructure's business, volatility in foreign currency exchange rates; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, pipeline system or limitations on the withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. None of the website references in this press release are active hyperlinks, and the information contained on, or that can be accessed through, any such website is not, and shall not be deemed to be, part of this document. SEMPRA Table A CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in millions, except per share amounts; shares in thousands) Three months ended March 31, 2024 2023 REVENUES Utilities: Natural gas $ 2,109 $ 4,412 Electric 1,056 1,027 Energy-related businesses 475 1,121 Total revenues 3,640 6,560 EXPENSES AND OTHER INCOME Utilities: Cost of natural gas (554) (2,683) Cost of electric fuel and purchased power (89) (114) Energy-related businesses cost of sales (109) (193) Operation and maintenance (1,212) (1,209) Depreciation and amortization (594) (539) Franchise fees and other taxes (184) (192) Other income, net 99 41 Interest income 13 24 Interest expense (305) (366) Income before income taxes and equity earnings 705 1,329 Income tax expense (172) (376) Equity earnings 348 219 Net income 881 1,172 Earnings attributable to noncontrolling interests (69) (192) Preferred dividends (11) (11) Earnings attributable to common shares $ 801 $ 969 Basic earnings per common share (EPS): Earnings $ 1.27 $ 1.54 Weighted-average common shares outstanding 632,821 629,838 Diluted EPS: Earnings $ 1.26 $ 1.53 Weighted-average common shares outstanding 635,354 632,248 SEMPRA Table A (Continued) RECONCILIATION OF SEMPRA ADJUSTED EARNINGS TO SEMPRA GAAP EARNINGS Sempra Adjusted Earnings and Adjusted EPS exclude items (after the effects of income taxes and, if applicable, noncontrolling interests (NCI)) in 2024 and 2023 as follows: Three months ended March 31, 2024: $(41) million impact from foreign currency and inflation on our monetary positions in Mexico $(12) million net unrealized losses on commodity derivatives Three months ended March 31, 2023: $(44) million equity losses from investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings) related to a write-off of rate base disallowances resulting from the Public Utility Commission of Texas' (PUCT) final order in Oncor Electric Delivery Company LLC's (Oncor) comprehensive base rate review $(109) million impact from foreign currency and inflation on our monetary positions in Mexico $217 million net unrealized gains on commodity derivatives $(17) million net unrealized losses on a contingent interest rate swap related to the initial phase of the Port Arthur LNG liquefaction project (PA LNG Phase 1 project) Sempra Adjusted Earnings and Adjusted EPS are non-GAAP financial measures (GAAP represents generally accepted accounting principles in the United States of America). These non-GAAP financial measures exclude significant items that are generally not related to our ongoing business activities and/or are infrequent in nature. These non-GAAP financial measures also exclude the impact from foreign currency and inflation on our monetary positions in Mexico and net unrealized gains and losses on commodity derivatives, which we expect to occur in future periods, and which can vary significantly from one period to the next. Exclusion of these items is useful to management and investors because it provides a meaningful comparison of the performance of Sempra's business operations to prior and future periods. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles for historical periods these non-GAAP financial measures to Sempra GAAP Earnings and GAAP EPS, which we consider to be the most directly comparable financial measures calculated in accordance with GAAP. RECONCILIATION OF ADJUSTED EARNINGS TO GAAP EARNINGS (Dollars in millions, except EPS; shares in thousands) Pretax amount Income tax expense (benefit) (1) Non- controlling interests Earnings Pretax amount Income tax expense (benefit) (1) Non- controlling interests Earnings Three months ended March 31, 2024 Three months ended March 31, 2023 Sempra GAAP Earnings $ 801 $ 969 Excluded items: Equity losses from write-off of rate base disallowances resulting from PUCT's final order in Oncor's comprehensive base rate review $ — $ — $ — — $ — $ — $ — 44 Impact from foreign currency and inflation on monetary positions in Mexico 7 53 (19) 41 25 135 (51) 109 Net unrealized losses (gains) on commodity derivatives 23 (3) (8) 12 (428) 85 126 (217) Net unrealized losses on contingent interest rate swap related to PA LNG Phase 1 project — — — — 33 (6) (10) 17 Sempra Adjusted Earnings $ 854 $ 922 Diluted EPS: Weighted-average common shares outstanding, diluted 635,354 632,248 Sempra GAAP EPS $ 1.26 $ 1.53 Sempra Adjusted EPS $ 1.34 $ 1.46 (1) Income taxes on pretax amounts were primarily calculated based on applicable statutory tax rates. We record equity losses from our investment in Oncor Holdings net of income tax. SEMPRA Table A (Continued) RECONCILIATION OF SEMPRA 2024 ADJUSTED EPS GUIDANCE RANGE TO SEMPRA 2024 GAAP EPS GUIDANCE RANGE Sempra 2024 Adjusted EPS Guidance Range of $4.60 to $4.90 excludes items (after the effects of income taxes and, if applicable, NCI) as follows: $(41) million impact from foreign currency and inflation on our monetary positions in Mexico $(12) million net unrealized losses on commodity derivatives Sempra 2024 Adjusted EPS Guidance is a non-GAAP financial measure. This non-GAAP financial measure excludes significant items that are generally not related to our ongoing business activities and/or infrequent in nature. This non-GAAP financial measure also excludes the impact from foreign currency and inflation on our monetary positions in Mexico and net unrealized gains and losses on commodity derivatives for the three months ended March 31, 2024, which we expect to occur in future periods, and which can vary significantly from one period to the next. Exclusion of these items is useful to management and investors because it provides a meaningful comparison of the performance of Sempra's business operations to prior and future periods. Sempra 2024 Adjusted EPS Guidance Range should not be considered an alternative to Sempra 2024 GAAP EPS Guidance Range. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles Sempra 2024 Adjusted EPS Guidance Range to Sempra 2024 GAAP EPS Guidance Range, which we consider to be the most directly comparable financial measure calculated in accordance with GAAP. RECONCILIATION OF ADJUSTED EPS GUIDANCE RANGE TO GAAP EPS GUIDANCE RANGE Full-Year 2024 Sempra GAAP EPS Guidance Range $ 4.52 to $ 4.82 Excluded items: Impact from foreign currency and inflation on monetary positions in Mexico 0.06 0.06 Net unrealized losses on commodity derivatives 0.02 0.02 Sempra Adjusted EPS Guidance Range $ 4.60 to $ 4.90 Weighted-average common shares outstanding, diluted (millions) 637 SEMPRA Table B CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) March 31, 2024 December 31, 2023 (1) ASSETS Current assets: Cash and cash equivalents $ 606 $ 236 Restricted cash 121 49 Accounts receivable – trade, net 2,075 2,151 Accounts receivable – other, net 552 561 Due from unconsolidated affiliates 46 31 Income taxes receivable 79 94 Inventories 458 482 Prepaid expenses 286 273 Regulatory assets 52 226 Fixed-price contracts and other derivatives 124 122 Greenhouse gas allowances 1,176 1,189 Other current assets 65 56 Total current assets 5,640 5,470 Other assets: Restricted cash 107 104 Regulatory assets 3,982 3,771 Greenhouse gas allowances 532 301 Nuclear decommissioning trusts 886 872 Dedicated assets in support of certain benefit plans 559 549 Deferred income taxes 134 129 Right-of-use assets – operating leases 715 723 Investment in Oncor Holdings 14,545 14,266 Other investments 2,235 2,244 Goodwill 1,602 1,602 Other intangible assets 311 318 Wildfire fund 262 269 Other long-term assets 1,776 1,603 Total other assets 27,646 26,751 Property, plant and equipment, net 56,318 54,960 Total assets $ 89,604 $ 87,181 (1) Derived from audited financial statements. SEMPRA Table B (Continued) CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED) (Dollars in millions) March 31, 2024 December 31, 2023 (1) LIABILITIES AND EQUITY Current liabilities: Short-term debt $ 1,659 $ 2,342 Accounts payable – trade 1,955 2,211 Accounts payable – other 234 224 Due to unconsolidated affiliates — 5 Dividends and interest payable 737 691 Accrued compensation and benefits 376 526 Regulatory liabilities 952 553 Current portion of long-term debt and finance leases 593 975 Greenhouse gas obligations 1,176 1,189 Other current liabilities 1,382 1,374 Total current liabilities 9,064 10,090 Long-term debt and finance leases 29,519 27,759 Deferred credits and other liabilities: Due to unconsolidated affiliates 298 307 Regulatory liabilities 3,887 3,739 Greenhouse gas obligations 146 — Pension and other postretirement benefit plan obligations, net of plan assets 431 407 Deferred income taxes 5,588 5,254 Asset retirement obligations 3,663 3,642 Deferred credits and other 2,347 2,329 Total deferred credits and other liabilities 16,360 15,678 Equity: Sempra shareholders' equity 29,135 28,675 Preferred stock of subsidiary 20 20 Other noncontrolling interests 5,506 4,959 Total equity 34,661 33,654 Total liabilities and equity $ 89,604 $ 87,181 (1) Derived from audited financial statements. SEMPRA Table C CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in millions) Three months ended March 31, 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 881 $ 1,172 Adjustments to reconcile net income to net cash provided by operating activities 469 357 Net change in working capital components 319 451 Distributions from investments 232 199 Changes in other noncurrent assets and liabilities, net (50) (199) Net cash provided by operating activities 1,851 1,980 CASH FLOWS FROM INVESTING ACTIVITIES Expenditures for property, plant and equipment (1,933) (1,830) Expenditures for investments (193) (85) Purchases of nuclear decommissioning and other trust assets (197) (181) Proceeds from sales of nuclear decommissioning and other trust assets 217 199 Other (1) 2 Net cash used in investing activities (2,107) (1,895) CASH FLOWS FROM FINANCING ACTIVITIES Common dividends paid (362) (360) Issuances of common stock 10 — Repurchases of common stock (40) (31) Issuances of debt (maturities greater than 90 days) 2,044 1,986 Payments on debt (maturities greater than 90 days) and finance leases (846) (1,803) (Decrease) increase in short-term debt, net (498) 168 Advances from unconsolidated affiliates 45 14 Proceeds from sale of noncontrolling interests — 265 Distributions to noncontrolling interests (111) (43) Contributions from noncontrolling interests 474 97 Settlement of cross-currency swaps — (99) Other (16) (43) Net cash provided by financing activities 700 151 Effect of exchange rate changes on cash, cash equivalents and restricted cash 1 5 Increase in cash, cash equivalents and restricted cash 445 241 Cash, cash equivalents and restricted cash, January 1 389 462 Cash, cash equivalents and restricted cash, March 31 $ 834 $ 703 SEMPRA Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES AND INVESTMENTS (Dollars in millions) Three months ended March 31, 2024 2023 Earnings (Losses) Attributable to Common Shares Sempra California $ 582 $ 618 Sempra Texas Utilities 183 83 Sempra Infrastructure 131 315 Parent and other (95) (47) Total $ 801 $ 969 Three months ended March 31, 2024 2023 Capital Expenditures and Investments Sempra California $ 1,143 $ 1,082 Sempra Texas Utilities 193 85 Sempra Infrastructure 790 744 Parent and other — 4 Total $ 2,126 $ 1,915 SEMPRA Table E OTHER OPERATING STATISTICS Three months ended March 31, 2024 2023 UTILITIES Sempra California Gas sales (Bcf) (1) 122 145 Transportation (Bcf) (1) 142 149 Total deliveries (Bcf) (1) 264 294 Total gas customer meters (thousands) 7,089 7,049 Electric sales (millions of kWhs) (1) 935 1,596 Community Choice Aggregation and Direct Access (millions of kWhs) 3,169 2,732 Total deliveries (millions of kWhs) (1) 4,104 4,328 Total electric customer meters (thousands) 1,522 1,507 Oncor (2) Total deliveries (millions of kWhs) 37,313 34,779 Total electric customer meters (thousands) 3,988 3,912 Ecogas México, S. de R.L. de C.V. Natural gas sales (Bcf) 1 1 Natural gas customer meters (thousands) 159 152 ENERGY-RELATED BUSINESSES Sempra Infrastructure Termoeléctrica de Mexicali (millions of kWhs) 980 569 Wind and solar (millions of kWhs) (1) 719 812 (1) Includes intercompany sales. (2) Includes 100% of the electric deliveries and customer meters of Oncor, in which we hold an indirect 80.25% interest through our investment in Oncor Holdings. SEMPRA Table F STATEMENTS OF OPERATIONS DATA BY SEGMENT (Dollars in millions) Three months ended March 31, 2024 Sempra California Sempra Texas Utilities Sempra Infrastructure Consolidating Adjustments, Parent & Other Total Revenues $ 3,141 $ — $ 519 $ (20) $ 3,640 Cost of sales and other expenses (1,833) (2) (310) (3) (2,148) Depreciation and amortization (521) — (72) (1) (594) Other income, net 80 — 4 15 99 Income (loss) before interest and tax (1) 867 (2) 141 (9) 997 Net interest (expense) income (202) — 5 (95) (292) Income tax (expense) benefit (83) — (109) 20 (172) Equity earnings — 185 163 — 348 Earnings attributable to noncontrolling interests — — (69) — (69) Preferred dividends — — — (11) (11) Earnings (losses) attributable to common shares $ 582 $ 183 $ 131 $ (95) $ 801 Three months ended March 31, 2023 Sempra California Sempra Texas Utilities Sempra Infrastructure Consolidating Adjustments, Parent & Other Total Revenues $ 5,415 $ — $ 1,196 $ (51) $ 6,560 Cost of sales and other expenses (4,066) (1) (355) 31 (4,391) Depreciation and amortization (468) — (69) (2) (539) Other income, net 20 — 10 11 41 Income (loss) before interest and tax (1) 901 (1) 782 (11) 1,671 Net interest expense (182) — (80) (80) (342) Income tax (expense) benefit (101) — (330) 55 (376) Equity earnings — 84 135 — 219 Earnings attributable to noncontrolling interests — — (192) — (192) Preferred dividends — — — (11) (11) Earnings (losses) attributable to common shares $ 618 $ 83 $ 315 $ (47) $ 969 (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. SOURCE Sempra

SoCalGas Earns ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency for the Second Consecutive Year

The award is one of the ENERGY STAR program's highest levels of recognition and reflects the utility's efforts to help its customers save money, conserve energy and transition to a net-zero emissions future. LOS ANGELES, April 30, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced today that the utility was selected by the U.S. Environmental Protection Agency (EPA) as an ENERGY STAR Partner of the Year for the second consecutive year for demonstrating exemplary dedication to energy efficiency and the ENERGY STAR program. SoCalGas was recognized from a network of thousands of ENERGY STAR partners for the utility's focus on providing direct engagement and incentives for ENERGY STAR products to underserved communities. In 2023, SoCalGas helped customers save over $14 million dollars through ENERGY STAR product rebates. SoCalGas' energy efficiency programs are some of the largest in the United States. Over the last five years, they have helped save SoCalGas customers over $241 million in utility bill costs and delivered more than 219 million therms in energy savings. That's enough natural gas usage for approximately 548,000 households a year and reduced greenhouse gas emissions (GHGs) by over 1.2 million metric tons, the equivalent of removing over 250,000 cars from the road annually. "As part of our ASPIRE 2045 sustainability strategy, we strongly believe that increasing access to affordable and more sustainable energy solutions is vital for an equitable transition to a carbon neutral future," says Don Widjaja, vice president of customer services – field & solutions at SoCalGas. "By reducing energy consumption, our energy efficiency programs help to decrease greenhouse gas emissions, lower energy bills for households and businesses, and improve the environment and quality of life in the communities we serve." In 2023, SoCalGas helped customers save over $14 million dollars through ENERGY STAR product rebates. The SoCalGas residential rebate program supported the purchase of approximately 16,500 ENERGY STAR natural gas tankless water heaters, 15,500 ENERGY STAR smart thermostats and 10,600 natural gas dryers. "President Biden's Investing in America agenda creates unprecedented opportunity to build a clean energy economy, and private sector partners through programs like ENERGY STAR are leading the way," said EPA Administrator Michael S. Regan. "I congratulate this year's ENERGY STAR award winners for their innovation and leadership, in delivering cost-effective energy efficient solutions that create jobs, address climate change, and contribute to a healthier environment for all." Energy efficiency is also helping to advance SoCalGas' ASPIRE 2045 aim to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045. For more ways to lower energy cost and usage throughout the year, the SoCalGas Marketplace offers affordable energy-efficiency financing, energy efficiency rebates, and assistance programs. SoCalGas was the only utility in California recognized at the ENERGY STAR Awards Celebration in Washington D.C on April 25. For a complete list of the 2024 winners and more information about ENERGY STAR's awards program, visit energystar.gov/awardwinners. About SoCalGas   Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources.   SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure company based in San Diego.   For more information visit socalgas.com/newsroom or connect with SoCalGas on X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook.    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals, and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations and other proceedings, and changes to laws and regulations, including those related to tax and trade policy; cybersecurity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third parties with which we conduct business, including the energy grid or other energy infrastructure; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate and sustainability policies, laws, rules, regulations, disclosures and trends, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to relevant emerging and early-stage technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by failures in the pipeline system or limitations on the withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website,  www.sec.gov, and on Sempra's website,  www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company

Sempra Named a Best Employer for Diversity by Forbes

SAN DIEGO, April 25, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to Forbes Best Employers for Diversity in 2024, marking the sixth consecutive year the company has earned a spot on the annual list recognizing strong workforce development and employee engagement practices. "At Sempra, we recognize that business performance starts with a high-performance culture — one that is anchored in safety, operational excellence and employee development – and continuously strengthened by the diversity of our employees' backgrounds and experiences," said Deborah Martin, vice president of people and culture and chief diversity officer of Sempra. "We have created a workplace where our employees can feel secure sharing their unique opinions, perspectives and insights. It is an environment where ideas and innovation thrive, powering our journey to be North America's premier energy infrastructure company." Sempra strives to cultivate a working environment of understanding and belonging through direct engagement with employees including nearly two dozen dynamic and active employee resource groups and local diversity and inclusion councils, enterprise-wide events covering topics such as allyship and mental health awareness, and training focused on inclusive leadership. Sempra has been consistently recognized for its responsible business practices and high-performance culture, including earning a place in the JUST 100 list by CNBC and JUST Capital, Newsweek's list of America's Most Responsible Companies, The Wall Street Journal's list of Best-Managed Companies and the Dow Jones Sustainability North America Index. The Best Employers for Diversity 2024, presented by Forbes and Statista Inc., were identified in an independent survey from a sample of over 170,000 U.S.-based employees working for companies employing at least 1,000 people within the U.S. The evaluation was based on personal recommendations, public recommendations and other key performance indicators. Extensive research was carried out to evaluate how companies fared across a range of diversity-related best-practices, including representation, accountability and communication, internal initiatives, and external involvement. About Sempra Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. SOURCE Sempra

Sempra Foundation’s climate action grants aim for a cleaner future

Renewable energy projects from Sempra Foundation empower communities in need; helping restore habitats, and provide clean energy in Texas, and Tribal lands.

Sempra to Report First-Quarter 2024 Earnings May 7

SAN DIEGO, April 19, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its first-quarter 2024 earnings by 8 a.m. ET on Tuesday, May 7. Jeffrey W. Martin, chairman and CEO, Karen Sedgwick, executive vice president and chief financial officer, and other senior leaders from across the company will host a conference call at 12 p.m. ET on Tuesday, May 7. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors section of the company's website and clicking on the appropriate link. An accompanying slide presentation detailing the earnings results will be published to Sempra's Investors site by 8 a.m. ET on Tuesday, May 7. For those unable to obtain access to the live webcast, it will be available on replay a few hours after its conclusion. About Sempra Sempra is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. SOURCE Sempra

SoCalGas Hosts U.S. Department of Energy's Second Annual Minority Business Summit, Emphasizing the Importance of Diverse Spending

700 diverse business leaders from 33 states will have the opportunity to learn about $400 billion in federal procurement opportunities; special guest Daymond John Media assets including videos and pictures here LOS ANGELES, April 18, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) is hosting 700 diverse business leaders from 33 states at the U.S. Department of Energy (DOE) Office of Energy Justice and Equity's second annual Minority Business Enterprise (MBE) Connect Summit on April 17-18, 2024, at the company's Energy Resource Center (ERC) in Downey, California. The summit, being held for the first time on the West Coast, connects MBEs with the DOE and more than 40 other state and federal agencies, prime government contractors, financial institutions, private sector companies and nonprofit organizations for learning, business opportunities and over 1,900 unique business matchmaking sessions. "We're here today to advance a mission that is incredibly important to me, which is deepening the Department of Energy's work with minority-owned businesses. It's a top priority for two simple reasons: first, it's a smart thing to do, and then, it's the right thing to do. It's of course the smart thing because the clean energy transition is only going to succeed if it's led by businesses like yours," said U.S. Secretary of Energy Jennifer Granholm in a video message to conference attendees. "We need your expertise, we need your creativity, and, above all, we need your drive. I think working more closely with minority-owned businesses is also the right thing to do because the incredible economic opportunity of clean energy doesn't mean much unless it's broadly shared." "Partnering with diverse suppliers benefits local economies and communities, strengthens the supply chain, and accelerates America's clean energy transition," said Scott Drury, chief executive officer of SoCalGas. "Our commitment to supplier diversity not only boosts market competitiveness but also drives innovation." Connect Summit participants will attend panels, workshops and matchmaking meetings designed to create new business relationships between MBEs and the U.S. Department of Energy. Other federal agencies attending include the U.S. Departments of Agriculture, Commerce, Defense, Interior, Labor, Transportation; the Environmental Protection Agency; NASA; the U.S. Patent and Trademark Office; and the Small Business Administration. Summit discussions will center around $400 billion in federal contract opportunities available to MBEs. The first day of the summit featured a fireside chat with Maryam Brown, president of SoCalGas, and Daymond John, CEO of the Shark Group, CEO and founder of FUBU, a presidential ambassador for Global Entrepreneurship, and co-star of ABC's Shark Tank, that focused on how businesses can make the right pitch to grow and amplify their brand. Attendees also received a welcome from Vice President Kamala Harris, who sent a congratulatory letter to summit attendees. Link here. The DOE selected SoCalGas to host the summit because of the company's leadership in diverse spending through its long-recognized Supplier Diversity Program. In 2023, SoCalGas surpassed the California Public Utilities Commission (CPUC) Supplier Diversity Program goal for the 31 st straight year by working with 618 diverse firms and subcontractors with over $1 billion spent, amounting to 44% of the company's total procurement with women, minority, disabled veteran, and LGBT-owned businesses. This achievement was reached through the company's continuing efforts to help increase the pool of diverse suppliers through broad outreach and education. SoCalGas' ASPIRE 2045 sustainability strategy includes a goal of achieving 45% spending with diverse business enterprises by 2025 and a goal of achieving net-zero greenhouse gas emissions in the company's operations and delivery of energy by 2045, as well as goals related to safety, diversity, equity and inclusion, and investment in underserved communities. At the ERC, attendees can tour SoCalGas' H2 Innovation Experience, an innovative microgrid with the first clean hydrogen-powered microgrid and home model in North America. The ERC was also the first building in California to receive Leadership in Energy and Environmental Design (LEED) "green building" recognition and is a model of advanced, energy-efficient and environmentally sensitive building technology. The MBE Connect Summit includes the U.S. Department of Commerce's Los Angeles Minority Business Development Agency Center, managed by the Pacific Asian Consortium in Employment (PACE). Sponsors include Primoris Service Corporation, Los Angeles Department of Water and Power, Hal Hayes Construction Inc., and E2 Consulting Engineers Inc. About SoCalGas Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources.  SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure company based in San Diego.  For more information visit socalgas.com/newsroom or connect with SoCalGas on X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook.  This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals, and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations and other proceedings, and changes to laws and regulations, including those related to tax and trade policy; cybersecurity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third parties with which we conduct business, including the energy grid or other energy infrastructure; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate and sustainability policies, laws, rules, regulations, disclosures and trends, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to relevant emerging and early-stage technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by failures in the pipeline system or limitations on the withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website,  www.sec.gov and on Sempra's website,  www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company

First class 8 heavy-duty electric freight truck makes historic crossing of U.S.-Mexico border

SDG&E and Bali Express forge path to zero emissions freight transport Video and Pictures SAN DIEGO, April 11, 2024 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) and Bali Express today announced the historic crossing of a Class 8 heavy-duty electric freight truck from the U.S. into Mexico. The semi-truck made its maiden voyage into Mexico, marking a significant milestone as the binational region moves towards a net-zero future. These dedicated trucks will utilize recently built charging infrastructure installed by SDG&E designed to provide reliable and accessible charging options for medium- to heavy-duty electric freight trucks crossing the U.S.- Mexico border. "Today marks a historic milestone in our journey toward reducing emissions and paving the way for a cleaner energy future," said Caroline Winn, Chief Executive Officer at SDG&E. "This new electric corridor is a great example of how collaboration can create new and innovative ways to rethink how to propel our transportation systems towards electrification." Juan Baez, owner of the San Diego-based Bali Express emphasized the importance of working together in achieving sustainability goals. "We are thrilled to be working with SDG&E in this historic endeavor," said Baez. "By adding electric freight trucks, we are not only reducing our carbon footprint but also leading the way towards a more sustainable future for freight transportation on both sides of the border. We're proud to be a leader in this transition and excited about the first ever crossing." "The historic crossing of this electric freight truck symbolizes San Diego's commitment to innovation, cross-border cooperation and our binational community," said City of San Diego Mayor Todd Gloria. "We're not just reducing emissions; we're building a cleaner future for the people who live near our border and leading the way on international trade and environmental responsibility." The chargers were partially funded by a $200,000 grant through the California Energy Commission's Clean Transportation Program – which has provided more than $1 billion to alternative fuel and vehicle technology projects that are designed to deliver health, environmental and economic benefits to communities. "To accommodate the transition to zero-emission trucks on both sides of the border, it's critically important we have the necessary infrastructure," said California Energy Commissioner Patty Monahan. "The California Energy Commission is helping fund projects across the state to build a better and more equitable charging infrastructure system for both cars and trucks." San Diego County Board of Supervisors Chairwoman Nora Vargas – who is Governor Newsom's appointee to the California Air Resources Board - emphasized the importance of reducing emissions in border communities while also growing our economy. "As a fronteriza, I am thrilled that we're moving forward with the use of bold and innovative energy technology that helps reduce air pollution, offers sustainable cross-border freight transportation, and strengthens our binational and interdependent economy," said Vargas. "I know the binational region firsthand, and this is a great example of the kind of public-private partnerships can improve air quality and promote economic prosperity for the binational region. As the Supervisor for border communities, I am proud and excited that we are moving toward a cleaner, greener and more prosperous future." The electric charging infrastructure is a part of SDG&E's Power Your Drive for Fleets program. The program connects fleet operators with resources and financial incentives to easily and cost-effectively design and install charging infrastructure for medium- and heavy-duty fleets. About SDG&E: SDG&E is an innovative energy delivery company that provides increasingly clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by increasing energy delivered from low or zero-carbon sources; accelerating the adoption of electric vehicles; and investing in innovative technologies to ensure the reliable operation of the region's infrastructure for generations to come. SDG&E is a subsidiary of Sempra (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on X (formerly Twitter) (@SDGE), Instagram ( @SDGE) and Facebook. SOURCE San Diego Gas & Electric (SDG&E)

SDG&E recognized for public safety partner portal

Portal provides safety partners with electrical hazard situational awareness and resources to better serve our community during emergency conditions SAN DIEGO, April 10, 2024 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) was recently honored with the " 2024 Chartwell Best Practices Award" for developing and deploying the Public Safety Partner Portal, which offers a centralized digital hub for emergency preparedness, response, recovery, and reporting for SDG&E and its public safety partners. "At SDG&E, safety is the cornerstone of our business, which includes ensuring our safety partners receive the timely and accurate information they deserve," said Brian D'Agostino, vice president of wildfire and climate science at SDG&E. "We believe in the power of collaboration and innovation at a regional level and are honored to be recognized for our commitment to integrating new technologies to provide effective emergency response and recovery services." Originally developed to support emergency response partners with situational awareness during Public Safety Power Shutoffs (PSPS), the Public Safety Partner Portal and accompanying mobile application received major enhancements to evolve into an all-electrical hazard portal. The enhanced portal integrates a 24/7 accessible tool for local emergency management agencies and public safety partners to access centralized information for planning, response, and recovery efforts. "We're very excited to present this award to SDG&E. Their Public Safety Partner Portal is an excellent example of a thoughtfully planned and executed Emergency Management program, which is exactly what Chartwell wanted to highlight by launching this new award category," said Russ Henderson, Chartwell Director of Research. "We look forward to giving other utilities the opportunity to learn from SDG&E's experience." About the development of the Partner Portal During an emergency, it is imperative that local emergency management agencies have the most updated real-time information for planning, response, and recovery purposes. SDG&E established a focus group of emergency managers from various sectors across the region to develop a portal that can serve as a one-stop-shop for regional safety partners to have access to the information they need to keep our region safe. Partner Portal Highlights: Emergency information is displayed 24/7 Relevant weather information Customizable map layers Emergency response timeline data Centralized training resources SDG&E contact information These innovative tools have provided SDG&E's public safety partners with enhanced situational awareness during weather conditions, incidents, and situations that may impact their jurisdiction's electric and gas service. For more information on SDG&E's commitment to safety, visit: sdge.com. About the Chartwell Best Practices Award Founded in 1993 and based in Atlanta, Chartwell, Inc, provides strategic utility-focused research and issue-targeted forums for collaboration among industry peers. The Chartwell Best Practices Award recognizes excellence among electric and gas utilities with respect to projects, programs and service initiatives. About SDG&E: SDG&E is an innovative energy delivery company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by increasing energy delivered from low or zero-carbon sources; accelerating the adoption of electric vehicles; and investing in innovative technologies to ensure the reliable operation of the region's infrastructure for generations to come. SDG&E is a subsidiary of Sempra (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on X (formerly Twitter) (@SDGE ), Instagram ( @SDGE ) and Facebook . SOURCE San Diego Gas & Electric (SDG&E)

Sempra Foundation’s support of employee-selected charities reaches nearly $7 million in 2023

Sempra’s vision to deliver energy with purpose comes in many forms — in 2023, the vision was delivered with millions of dollars in donations and tens of thousands of hours in volunteer time, including cleaning beaches, renovating school buildings and organizing schoolwork for teachers. At Sempra, to deliver energy with purpose means to invest in the communities we serve in multiple ways. The charitable work of Sempra’s dedicated employees is supported by the Sempra Foundation — a private foundation funded solely by Sempra — with a mission to build a more equitable and vibrant future for all. To that end, the Sempra Foundation funds the internal “My Energy” program where employees may request their charitable donations be matched by the Foundation. In addition, employees who volunteer with a nonprofit can request that their volunteer hours be matched with a monetary donation. “The Sempra Foundation is proud to champion people by supporting the causes that matter most to them,” Lisa Larroque Alexander, chair of the Sempra Foundation’s board of directors, said. “This is the perfect example of purpose-driven work.” Here’s a snapshot of the charitable efforts of Sempra’s employees and the Sempra Foundation: By the numbers In 2023, employees’ donations along with matches from the Sempra Foundation resulted in nearly $7 million in total donations. Employees logged nearly 40,000 volunteer hours last year and saw their volunteer efforts amplify with nearly $330,000 in donations from the Sempra Foundation. The giving numbers recorded in 2023 were an increase from 2022 when Sempra employees and the Sempra Foundation donated nearly $5 million and employees contributed nearly 32,000 volunteer hours. By the impact Employees supported more than 2,700 nonprofit organizations around the world. The top five causes focused on the following: Health and human services Education Civic and community efforts Emergency and safety Arts and culture Among the organizations that received support from employees across the Sempra family of companies and the Sempra Foundation are: World Central Kitchen American Red Cross Monarch School Hawaii Community Foundation Coalition for Clean Air I Love A Clean San Diego County Ballet Folklorico de Riverside Houston Symphony Society The Trevor Project Wounded Warrior Project Black Girls Code Native American Rights Fund In addition to these efforts, Sempra and the Sempra Foundation hosted three Charitable Spirit Weeks in 2023 where employees could volunteer and donate to causes related to Earth Week, Back-to-School initiatives and holiday giving. To learn more about the Sempra Foundation, visit semprafoundation.org. To learn more about Sempra’s culture and career opportunities, visit our careers page.

Record-breaking investments reported in sustainable energy

$4.6B invested by Sempra, including installation of utility-owned battery storage and microgrids, helping supply clean energy, and resilience against climate impacts.

Women’s Network at Sempra inspires next generation of energy workforce and leaders

Women's Network at Sempra helps achieve mission to become premier energy infrastructure company. Women made up 34% of employees in leadership roles in 2022.

2025 Annual Report

Discover how Sempra is building America’s energy future through resilient networks, electrification, and reliable service for nearly 40M consumers.

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