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Sempra
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Displaying results 181 - 195 of 1204
Sempra Named One of The Wall Street Journal's Best-Managed Companies for 2023
SAN DIEGO, Dec. 21, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has again made The Wall Street Journal and Drucker Institute's annual 250 Best Managed Companies list for 2023. The Drucker Institute measures corporate effectiveness by examining performance in five areas: Financial strength, customer satisfaction, employee engagement and development, innovation and social responsibility. This is the fifth time Sempra has been named to the best-run companies list. "We are honored to be recognized on the Best Managed Companies list among some of the most reputable global brands that are also helping to shape the future of America's economy," said Jeffrey W. Martin, chairman and CEO of Sempra. "This recognition underscores our high-performance culture, bringing together the unique perspectives and talents of 20,000 colleagues who are dedicated to providing service to customers and communities, and value to all stakeholders." The Management Top 250 ranking, developed by the Drucker Institute and published by The Wall Street Journal, is based on an analysis of 34 data inputs provided by 14 third-party sources. Sempra's overall ranking reflects its ability to navigate the current business and energy climate, while helping meet the evolving energy needs of 40 million consumers and bringing value to shareholders and stakeholders. Sempra ranked first amongst its peer group for employee engagement, a reflection of the company's high-performance culture that drives innovation and operational excellence. In addition to this recognition, Sempra has been named one of Fortune Magazine's World's Most Admired companies and to Newsweek's list of America's Most Responsible Companies. The company has also earned a place in the Dow Jones Sustainability North America Index for 13 consecutive years, among other notable accolades. These honors underscore Sempra's continued progress on its mission to be North America's premier energy infrastructure company. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of nearly 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California, Texas, Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety and operational excellence, leadership and workforce development and diversity and inclusion. In 2022, Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability North America Index for the 13th consecutive year. More information about Sempra is available at sempra.com and on social media @Sempra. SOURCE Sempra
Additional 88 Local Restaurants Receive $5,000 Assistance Grants Through Restaurants Care Resilience Fund
This is the 2 nd Round of Restaurant Grants awarded this year with the support of SoCalGas' $1,000,000 Donation to the Restaurants Care Resilience Fund to support small businesses and drive positive change in diverse communities across Central and Southern California LOS ANGELES, Dec. 19, 2023 /PRNewswire/ -- Today, 88 independently owned restaurants across Central and Southern California received $5,000 grants from the California Restaurant Foundation's (CRF) Restaurants Care Resilience Fund. Each restaurant receiving a grant can use the funds for equipment and technology upgrades, unforeseen hardship, employee retention bonuses and employee training, helping California's independent restaurant owners to continue their businesses during challenging times. The $2.1 million fund, supported by SoCalGas with a $1,000,000 donation, and other California utility companies, is the largest to date in terms of overall funding, individual grant sizes and grant utilization, and has provided a total of 177 grants to restaurants in SoCalGas' service area this year. Eligibility for grants is limited to independent restaurants with no more than five locations and less than $3 million in annual revenue. Of the 88 grant recipients in SoCalGas' service area, 63% of this year's grant winners self-identified as women-owned and 88% self-identified as owned by people of color. About 67% of the grant funds are expected to be used for equipment and technology upgrades and around 33% of the $5,000 grants are designated for unforeseen hardships, employee training, and employee bonuses. To see the full list of grant recipients, please visit the Restaurants Care Resilience Fund website. "As part of our longstanding commitment to the communities we serve, SoCalGas is proud to donate to the California Restaurant Foundation's Restaurants Care Resilience Fund for the third consecutive year," said David Barrett, SoCalGas senior vice president, general counsel, and California Restaurant Foundation board member. "The fund supports independent restaurants, which are integral to our local communities, and the foundation's grants are specifically designed to improve the livelihoods of local restaurant owners and their dedicated staff." "SoCalGas has been an outstanding partner, providing steadfast and invaluable support for the Restaurants Care Resilience Fund since its inception in 2021. As a result, hundreds of independent restaurant owners across SoCalGas' service area have been able to fortify their businesses for the long haul," said Alycia Harshfield, Executive Director of California Restaurant Foundation. "We are excited to provide more restaurant owners with access to $5,000 grants, which can be used for various purposes such as adopting technology, upgrading equipment, facilitating employee training and retention, or overcoming unforeseen challenges." "The collaborative efforts of SoCalGas and the California Restaurant Foundation are making a meaningful difference in the livelihoods of small business proprietors, their workforce, and the communities these restaurants enrich," said Rancho Cucamonga Mayor L. Dennis Michael. "By championing this initiative, SoCalGas is fostering the prosperity of our cherished local eateries, helping to ensure their sustained success for years to come." "I'm thrilled to have one of the restaurants in Placentia chosen for the restaurant grant. Not only did our restaurants suffer greatly during the pandemic, but they also continue to have difficulties in the ever-changing economic environment, and the different choices people are making on how they spend their disposable income. The health and vitality of our small businesses, such as Tlaquepaque, are key to the future of Placentia. I'm grateful that SoCalGas continues to reinvest in our communities in such a tangible way," said Rhonda Shader, City of Placentia Council Member, District 1. Since its inception, the Resilience Fund has awarded over 1,100 grants to independently owned restaurants across California. Among them, 68% self-identified as women-owned, and 83% self-identified as owned by people of color. "For seven years, Cheesewalla has provided a new restaurant style with delicious and reliable experience for our guests. Thanks to this grant from SoCalGas and California Restaurant Foundation, we will expand our business, acquiring new fryers and broilers for our new cocktail bar's food menu," said Kadir Fakir, Co-Owner of Cheesewalla. "We are so grateful that we will be able to grow as a company, bring in more staff, and most importantly, connect with our close-knit Redlands community." In addition to providing financial support to restaurants through its donations to the foundation, SoCalGas offers programs and services to help business customers select energy-efficient equipment. Restaurant owners can schedule a 'Try Before You Buy' demo with natural gas cooking equipment before purchasing, request a no-cost energy survey to be conducted by a utility expert, and obtain information on rebates and incentives for eligible energy efficient natural gas cooking equipment, water heating, heat recovery products, and energy-efficient upgrade installation. SoCalGas' support of the California Restaurant Fund is part of the company's ASPIRE 2045 sustainability goals, which include a plan to invest $50 million to help drive positive change in diverse and underserved communities across five years. For more information about the California Restaurant Foundation or their Restaurants Care Resilience Fund, please visit www.restaurantscare.org. More media assets per region can be found here. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to over 21 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to the goal of achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on X (@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," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "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 by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other governmental and 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 in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining third-party consents and approvals; 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, all of which continue to become more pronounced; 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; failure of our counterparties to honor their contracts and commitments; 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 the clean energy transition 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 our ability to incorporate new technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events 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 Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company
Sempra Named to Dow Jones Sustainability Index North America for 13th Consecutive Year
SAN DIEGO, Dec. 18, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the Dow Jones Sustainability Index (DJSI) North America for the 13th consecutive year, earning recognition as a high performer in risk management, stakeholder engagement, policy influence, and information security/cybersecurity, among other areas. "Sempra's long tenure on DJSI North America highlights how responsible business practices help deliver long-term value to our shareholders and other stakeholders," said Lisa Larroque Alexander, senior vice president of corporate affairs and chief sustainability officer at Sempra. "With sustainability at the center of Sempra's strategy, we are working to modernize energy infrastructure in order to help decarbonize economies and enhance resilience for millions." The DJSI North America tracks the performance of the top 20% of the 600 largest Canadian and United States companies in the S&P Global Broad Market Index that lead the field in terms of sustainability. Sempra released its latest annual corporate sustainability report in May 2023, highlighting 25 years of advancing sustainable business practices. The company's sustainable business practices start at the top with sound governance and oversight by its board and cascade to all levels of the business. This integration drives a high-performance culture and has contributed to significant strides toward managing key risks and advancing opportunities across Sempra's three growth platforms — Sempra California, Sempra Texas and Sempra Infrastructure. In addition to being recognized on DJSI North America, Sempra has recently been included in the CPA-Zicklin Index and FTSE4Good Index. The company has also been named to the JUST 100, Fortune Magazine's World's Most Admired Companies, Newsweek's America's Most Responsible Companies and Forbes' America's Best Employers for Diversity, among others. More information regarding Sempra's approach to responsible business practices can be found on the sustainability section of Sempra's website. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of nearly 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California, Texas, Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety and operational excellence, leadership and workforce development and diversity and inclusion. In 2022, Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability Index North America for the 13th consecutive year. More information about Sempra is available at sempra.com and on social media @Sempra. SOURCE Sempra
SoCalGas and Bloom Energy Powering Caltech with Innovative Campus Hydrogen Project
The project demonstrates the potential to displace traditional natural gas with fuels like hydrogen, which can be made from clean renewable sources, and foster the many environmental and economic benefits of a hydrogen economy PASADENA, Calif., Dec. 14, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) and Bloom Energy (NYSE: BE), today announced the powering of a portion of Caltech's grid with an innovative hydrogen project that demonstrates how hydrogen could potentially offer a strong solution for long-duration clean energy storage and dispatchable power generation. The project showcases how leveraging existing infrastructure with electrolyzers and fuel cell technology may be able to create microgrids that deliver resilient power and can help to safeguard businesses, communities, and campuses from power disruptions. If developed at scale, this technology may help further California Governor Gavin Newsom's recent strategic initiatives to develop a hydrogen economy. "It is becoming clearer with each passing day that hydrogen can and should play a key role in California's efforts to reduce our reliance on fossil fuels," said Senator Bob Archuleta, Chair of the Senate Select Committee on Hydrogen Energy. "Moreover, I am excited to see Caltech, one of our nation's leading institutions, serving as a testbed for the use of hydrogen with this new and innovative technology on their campus." "This collaborative effort represents a significant step in harnessing hydrogen as a resilient, clean energy solution that's in line with Governor Newsom's vision for California," said Maryam Brown, President at SoCalGas. "Integrating cutting-edge electrolyzers and fuel cell technology into existing infrastructure demonstrates the potential for building robust microgrids, enhancing power resiliency for businesses, communities and campuses at scale." "We commend Governor Newsom and SoCalGas for their vision and leadership on the important work to develop the hydrogen economy," said Greg Cameron, President and Chief Financial Officer at Bloom Energy. "As a California manufacturer of Bloom Electrolyzers®, we are uniquely positioned to advance the goals of delivering clean and reliable energy in a post-carbon economy. We are working on a number of major opportunities to deliver our electrolyzers to customers to help grow hydrogen as a significant energy source in the U.S. and internationally." This project takes water from Caltech's service line and runs it through Bloom Energy's solid oxide electrolyzer, which uses grid energy to create hydrogen. The resulting hydrogen is injected into Caltech's natural gas infrastructure upstream of Bloom Energy fuel cells, creating up to a 20% blend of hydrogen and natural gas. All of this fuel blend is then converted into electricity with Bloom Energy's fuel cells, and the electricity is then distributed for use on campus. Blending hydrogen into natural gas infrastructure statewide – which could help reduce dependence on fossil fuels and ultimately drive down hydrogen costs by scaling production – first requires developing a hydrogen injection standard. The global hydrogen economy is projected to potentially produce as much as 80 gigatons of carbon abatement by 2050, which represents approximately 11% of required cumulative emissions reductions. 1 SoCalGas is working to help develop a state hydrogen blending standard by proposing pilot projects for approval by the CPUC. These projects could help to better understand how clean fuels like clean renewable hydrogen could be delivered through California's natural gas system. Just this year, SoCalGas unveiled its award winning H2 Innovation Experience, a state-of-the-art demonstration project designed to show the potential resiliency and reliability of a hydrogen microgrid. When coupled with renewable energy, clean hydrogen could help facilitate a scalable, resilient and decarbonized energy system. SoCalGas is working to help shape California's 21st century energy system through investments in hydrogen, renewable natural gas, fuel cells and carbon management. For more information about SoCalGas' hydrogen innovation, visit http://socalgas.com/hydrogen About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to over 21 million consumers across 24,000 square miles of Central and Southern California. We believe gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. 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 replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping 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 Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. About Bloom Energy Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company's leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. For more information, visit  www.bloomenergy.com [bloomenergy.com]. 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," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "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 by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other governmental and 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 in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining third-party consents and approvals; 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, all of which continue to become more pronounced; 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; failure of our counterparties to honor their contracts and commitments; 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 the clean energy transition 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 our ability to incorporate new technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events 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 Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. 1 https://www.mckinsey.com/capabilities/sustainability/our-insights/five-… SOURCE Southern California Gas Company
Sempra Named Among Newsweek's 'Most Responsible Companies'
SAN DIEGO, Dec. 7, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced it has been recognized by Newsweek as one of "America's Most Responsible Companies" for 2024, earning this distinction for the fifth consecutive year. The annual list ranks companies based on their commitment to corporate responsibility, specifically on efforts related to environment, social and corporate governance. Sempra has been included since the list's inception. This year, Sempra received high marks for its performance in social criteria. "Sempra's responsible business practices are key to advancing our mission to be North America's premier energy infrastructure company," said Lisa Larroque Alexander, senior vice president of corporate affairs and chief sustainability officer for Sempra. "This recognition is a reflection of our high-performance culture and the way in which our 20,000 employees have embraced our shared values – do the right thing, champion people and shape the future – to help deliver long-term value to our shareholders and other stakeholders." Newsweek's recognition of Sempra as one of "America's Most Responsible Companies" is based on publicly available key performance indicators derived from the company's Corporate Sustainability Report and an independent survey that asked U.S. citizens about their perception of Sempra's commitment to corporate social responsibility. Details of Sempra's approach to responsible stakeholder engagement and corporate governance can be found in the company's most recent Corporate Sustainability Report, which is available here. In addition to being recognized on Newsweek's America's Most Responsible Companies list, Sempra has been named to the CPA-Zicklin Index, FTSE4Good Index, Fortune Magazine's World's Most Admired, JUST 100 and Forbes' America's Best Employers for Diversity, among others. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of nearly 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California, Texas, Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety and operational excellence, leadership and workforce development and diversity and inclusion. In 2022, Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability North America Index for the 12th consecutive year. More information about Sempra is available at sempra.com and on social media @Sempra. SOURCE Sempra
Advancing energy collaboration with Japan
Approx 130K tonnes of e-natural gas annually to be produced in the proposed project with Sempra as a link in the global supply chain of liquefied natural gas
Meeting energy demand in Texas
Energy networks company, Sempra, delivers energy in growing market for renewable energy, Texas
SDG&E Honored with Awards for Outstanding Reliability in the West & Grid Sustainability
This is the 18 th consecutive year that SDG&E received PA Consulting's ReliabilityOne ® Award for Outstanding Reliability Performance among utilities in the west region SAN DIEGO, Dec. 4, 2023 /PRNewswire/ -- Every day, approximately 3.6 million people in San Diego and southern Orange counties depend on San Diego Gas & Electric Company (SDG&E) to provide reliable energy service to their homes and businesses. In recognition of SDG&E's continued superior performance and innovation in the utility industry, PA Consulting recently honored the company with two of its most prestigious awards: Outstanding Reliability Performance in the West Region Metropolitan Service Area (also known as the "Best in the West") and Outstanding Grid Sustainability. "As we face new challenges from a changing climate, increasing regulations, and emergency events, we are determined to innovate and develop new solutions to meet the demands of an increasingly complex energy business," said Caroline Winn, SDG&E's chief executive officer. "Our culture emphasizes continued improvement, innovation, and seeking opportunities to exceed expectations that provide our customers with the reliability and excellent customer service they deserve. This award recognizes our sustained excellence and efforts to enhance grid resiliency, advance sustainability, and promote grid dependability despite challenges." This is the 18 th consecutive year that SDG&E has received the ReliabilityOne ® Award for 'Outstanding Reliability Performance' among utilities in the West. To be named the most reliable utility in a metropolitan service area in the Western United States means electricity is available when customers need it, with fewer interruptions than elsewhere in the West. The ReliabilityOne ® Awards are given annually to utilities in eight regions that have excelled in delivering reliable electric service to their customers. Some of SDG&E's programs and projects that contributed to its recognition as 'Best in the West' and the award for outstanding grid sustainability include: Enhanced Climate Hardening & Resilience Advancements SDG&E has implemented one of the most comprehensive and robust wildfire risk mitigation programs in the industry. SDG&E continues to enhance its Wildfire Next Generation System (WiNGS), an innovative data-driven tool that leverages AI to model climate scenarios and recommend grid hardening initiatives to help prevent utility-related wildfires and reduce the likelihood and duration of a Public Safety Power Shutoff (PSPS). SDG&E deployed an advanced weather network with 221 weather stations, cameras equipped with AI to detect smoke, air quality sensors and technology that measures moisture content in vegetation. Grid Sustainability & Customer Resiliency Construction of renewable microgrids to keep communities and critical facilities energized during a PSPS while promoting sustainability. SDG&E developed "The Path to Net Zero," an actionable roadmap recommending a diversified approach to decarbonization utilizing cleaner electricity, cleaner fuels and carbon removal to help achieve California's greenhouse gas emissions reduction goals. SDG&E has developed a suite of cleaner energy solutions, including two battery storage sites, to bolster grid reliability and community resilience during the hot summer by easing the strain on the larger energy grid. "For 23 years, the ReliabilityOne® Awards have highlighted outstanding electric utility providers who resiliently build a more positive future for their customers," said Derek HasBrouck, PA Consulting's ReliabilityOne® Program Director. "We celebrate utilities who provide high levels of reliability and resilience while integrating clean energy assets and greater clean resource diversity into their operations. Congrats to SDG&E for integrating reliability and clean energy initiatives." 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 advancing 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 help 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. About ReliabilityOne ® awards PA Consulting's ReliabilityOne® awards are presented to electric utilities providing their customers with the highest levels of reliability in the industry. PA Consulting's ReliabilityOne® study is based on standard industry reliability statistics that measure the frequency and duration of electric power outages. ReliabilityOne® participants on average experienced 55% fewer sustained outages, and outages were 70% shorter than the average US investor-owned utility. PA Consulting has been analyzing electric utility performance since 1987. SOURCE San Diego Gas & Electric
How investments could improve California’s energy infrastructure
50M miles of energy transmission lines needed to be added or replaced by 2040 per IEA. Sempra companies are investing in energy transmission & distribution lines.
Innovative Technology That Uses Solar Energy to Convert 100% Renewable Biogas to Hydrogen and Graphitic Carbon on Display During the United Nations' COP 28 Meeting in Dubai
The technology developed by UCLA with support from the California Energy Commission (CEC), and if approved, potentially by SoCalGas' Research, Development, and Demonstration Program, is part of one of 100 applications selected among 3,000 worldwide to be showcased at the Conference of Parties. LOS ANGELES, Nov. 30, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced today that an innovative technology developed by UCLA researchers with potential project support from SoCalGas if approved by the California Public Utility Commission (CPUC), is currently on display at the 28 th session of the Conference of Parties (COP 28) to the United Nations Framework Convention on Climate Change (UNFCCC). The work is part of the technology showcase selected and organized by the group Prototypes for Humanity from November 29 th – December 2 nd. The goal of the technology is to use renewable solar energy and biogas to produce hydrogen and high-quality cylindrical graphite through an environmentally sustainable process. If developed at scale, this technology has the potential to be applicable to fuel cells, microgrids, and utility-scale hydrogen production. "Having this innovative technology showcased during COP28 alongside 99 other innovative technologies highlights the importance of cultivating a broad range of climate solutions to help meet the global needs specific to each economy," said Neil Navin, Chief Clean Fuels Officer at SoCalGas. "This technology could be capable of producing hydrogen, which could potentially be stored for later use. Additionally, the associated solid carbon developed from this process could be used to produce key components of batteries, which might help reduce battery production costs in the energy transition." Over the past two years, the technology was successfully developed and demonstrated in a laboratory setting and is now advancing from the laboratory to a real-world demonstration. The next phase of the UCLA lead project is to secure additional funding, with five potential demonstration sites under consideration with SoCalGas if approved by the CPUC. "Further development of this project could help generate the environmental and economic data needed to support greater adoption and commercialization of emerging low, zero, and even negative carbon hydrogen production technology," said Timothy Fisher, Professor at UCLA Mechanical and Aerospace Engineering. "The field demonstration is slated to begin in the second half of 2024 and if scaled up further, could have the potential to be deployed at sizes ranging from modular fuel cells or microgrid backup systems to industrial or utility scale hydrogen production and storage systems. We also believe that the process offers significant potential to make hydrogen production more affordable because the high-value graphite co-product could be a crucial element to widespread electrification." Clean energy innovations designed to decarbonize hard-to-electrify sectors are a key component of California's efforts to achieve carbon neutrality by 2045. To that end, SoCalGas continues to develop Angeles Link, a proposed clean renewable hydrogen pipeline system to serve Southern and Central California. Angeles Link could be the nation's largest clean renewable hydrogen pipeline system and help significantly reduce greenhouse gas emissions from transportation, electric generation, industrial processes, and other hard-to-electrify sectors of the California economy. SoCalGas is also working to help develop a state hydrogen blending standard by proposing pilot projects for approval by the CPUC. These projects could help to better understand how clean fuels like clean renewable hydrogen could be delivered through California's natural gas system. As the CPUC noted in a recent decision, "Pilot projects and further study can also help the development of the clean renewable hydrogen market, enable a variety of uses cases, and contribute to achieving California's Climate goals." For more information about SoCalGas' hydrogen innovation, visit http://socalgas.com/hydrogen. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to over 21 million consumers across 24,000 square miles of Central and Southern California. We believe gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. 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 replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping 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 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," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "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 by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other governmental and 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 in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining third-party consents and approvals; 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, all of which continue to become more pronounced; 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; failure of our counterparties to honor their contracts and commitments; 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 the clean energy transition 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 our ability to incorporate new technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events 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 Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company
SoCalGas Declares Preferred Dividends
LOS ANGELES, Nov. 29, 2023 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on January 15, 2024, to shareholders of record on December 10, 2023. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to over 21 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. 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 replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping 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 Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
SoCalGas' [H2] Innovation Experience Named to Fast Company's Third Annual List of the Next Big Things in Tech
CEO Scott Drury appointed to Fast Company's CEO Council, a professional organization of senior executives helping define the future of business LOS ANGELES, Nov. 28, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced Tuesday that its [H2] Innovation Experience in Downey was named to Fast Company's third annual Next Big Things in Tech list, honoring technology breakthroughs designed to shape the future of industries — from healthcare and security to artificial intelligence and data. The [H2] Innovation Experience is the 2023 recipient of Fast Company's Next Big Things in Tech Award in the category of Current Events, which showcases "products and technologies that are tackling the world's most pressing problems." The [H2] Innovation Experience is North America's first-ever clean hydrogen powered microgrid and home. This project demonstrates how carbon-free gas made from renewable electricity could be used in pure form or as a blend to fuel energy systems and communities of the future. In addition to the award recognition, CEO Scott Drury was invited to join the Fast Company's CEO Council. This vetted group of innovative founders, CEOs, and visionaries convenes annually to discuss their knowledge of innovation, design, technology, ethical economics, and social responsibility to create a roadmap for driving progress for Fast Company. "Innovation is key to a successful energy transition and the [H2] Innovation Experience is a pioneering, real-world, example of what we could accomplish by pairing renewable energy, existing infrastructure and our skilled workforce," said SoCalGas CEO Scott Drury. "Since the [H2] Innovation Experience opened its doors earlier this year, the project has attracted broad interest from around the world, including visiting delegations of national and international energy experts." "The Next Big Things in Tech is not just a look around the corner—it's a look around the corner after that," said Brendan Vaughan, editor-in-chief of Fast Company. "These are the products and ideas that will define technological innovation for the rest of this decade and beyond—and solve some of the world's most pressing issues. We are thrilled to honor the organizations that are making them a reality." In addition to this award, the [H2] Innovation Experience was also a finalist for "The Best Experimental Design of 2023." It was previously named a World-Changing Idea by Fast Company and awarded the U.S. Green Building Council of L.A.'s Sustainable Innovation Award. The project features clean hydrogen production and storage along with a nearly 2,000 square-foot home designed to draw power from solar panels and convert excess renewable energy into clean hydrogen. As a sign of the continuing support for hydrogen technology, the U.S. Department of Energy awarded $1.2 billion last month to ARCHES, a statewide public-private partnership designed to accelerate renewable hydrogen's contribution to decarbonizing the state's economy and build on California's long-standing hydrogen and renewable energy innovation. SoCalGas is a participant in the ARCHES network. California was one of seven hubs announced as part of President Biden's H2Hub program, to create regional hydrogen hubs across the country. When coupled with renewable energy, clean hydrogen could help facilitate a scalable, resilient, and decarbonized energy system. SoCalGas is working to help shape California's 21st century energy system through investments in clean hydrogen, renewable natural gas, fuel cells, and carbon management. For more information about SoCalGas' hydrogen innovation, visit http://socalgas.com/hydrogen. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to over 21 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. 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. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping 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 Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. About Fast Company Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Brendan Vaughan. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with its sister publication, Inc., and can be found online at fastcompany.com. 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," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "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 by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other governmental and 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 in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining third-party consents and approvals; 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, all of which continue to become more pronounced; 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; failure of our counterparties to honor their contracts and commitments; 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 the clean energy transition 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 our ability to incorporate new technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events 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 Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company
Sempra Announces Updates to Management Team
SAN DIEGO, Nov. 27, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced updates to its officer team with a view toward strengthening the company's existing management capabilities and sustained financial and operational performance. "As we continue our mission to build North America's leading energy infrastructure company, we understand the importance of continuing to invest in and build a strong and diverse leadership team that delivers quality results to our customers, communities and shareholders," said Jeffrey W. Martin, chairman and chief executive officer of Sempra. "This is an exciting time for our company, and I am confident that today's announcement will better position us to execute our strategic priorities and record capital campaign, which is centered on safety, reliability, growth and clean energy investments, and better serve our customers." The following management updates are effective Jan. 1, 2024, unless otherwise noted, and these individuals will report directly to Martin. Justin Bird, chief executive officer of Sempra Infrastructure, will continue in his current role leading the business operations of Sempra Infrastructure, one of Sempra's three growth platforms with approximately 2,500 employees. In addition, Bird has been appointed executive vice president of Sempra where he will lead several corporate functions, including Corporate Development and Financial Planning. Bird has served within the Sempra family of companies for close to 20 years in a variety of leadership roles, serving more recently as the chief executive officer of Sempra LNG. Diana Day, who currently serves as deputy general counsel, has been appointed chief legal counsel of Sempra with responsibility for the company's Legal Affairs and Governance. Over the last 25 years, Day has served in a variety of leadership roles within the company's law department. Most recently, Day served as the senior vice president and general counsel at San Diego Gas & Electric (SDGE) with responsibility for Legal Affairs and Governance and formerly served as the vice president of enterprise risk management for Southern California Gas Company (SoCalGas) and SDGE. Trevor Mihalik, who currently serves as the company's executive vice president and chief financial officer, has been appointed executive vice president and group president of Sempra. In his new role, Mihalik will have responsibility for Sempra California, as well as several corporate functions, including Risk and Compliance, Human Resources and Audit Services and Insurance. Over the last 11 years, Mihalik has served as the company's chief accounting officer and more recently as the chief financial officer. Karen Sedgwick, who currently serves as the company's chief administrative officer and chief human resources officer, has been appointed executive vice president and chief financial officer of Sempra, where she will lead several corporate functions, including Accounting, Tax, Finance and Investor Relations. Over the last 31 years, Sedgwick has held a series of financial leadership roles within the Sempra family of companies, including Treasury and Cash Management, Investor Relations, Financial Planning, Audit Services and Insurance, and Enterprise Risk Management and Compliance. Kevin Sagara, executive vice president and group president of Sempra, will be retiring effective Dec. 1, 2023, as previously announced. Over the last 31 years, Sagara has held a series of leadership roles within the Sempra family of companies. At Sempra, there is a long-standing commitment to fostering a high performing culture that privileges safety and operational excellence, leadership and workforce development and diversity and inclusion. The appointments announced today support the company's mission and continue the company's tradition of periodic leadership rotations to provide opportunities for broader leadership experiences and organizational development. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of nearly 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California, Texas, Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety and operational excellence, leadership and workforce development and diversity and inclusion. In 2022, Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability North America Index for the 12th consecutive year. 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," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "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: 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 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 governmental and 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 in (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, and (iv) obtaining third-party consents and approvals; 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, all of which continue to become more pronounced; 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; failure of foreign governments, state-owned entities and our counterparties to honor their contracts and commitments; the impact on affordability of SDGE's and SoCalGas's customer rates and their cost of capital and on SDGE'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 SDGE's and SoCalGas' businesses, the cost of the clean energy transition 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, 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 our ability to incorporate new technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events 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, sec.gov , and on Sempra's website, 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, SDGE or SoCalGas, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra
From climate action to youth-oriented causes — Sempra employees give back to their communities
Energy infrastructure talent volunteer over 24K hours to charity, improving neighborhoods, and supporting environment as part of Sempra Foundation efforts
1,500 Thanksgiving Meals Distributed to Families in South Los Angeles Ahead of Holiday through Brotherhood Crusade and SoCalGas Partnership
To support Brotherhood Crusades' Grab and Go! Basket Distribution and families during the holiday season, SoCalGas donated $50,000, as part of the company's $4 Million Fueling Our Communities Initiative to Address Food Insecurity LOS ANGELES, Nov. 17, 2023 /PRNewswire/ -- Today, Brotherhood Crusade and Southern California Gas Co. (SoCalGas) distributed Thanksgiving meals, including 1,500 turkeys to families in South Los Angeles during a Grab and Go! Basket Distribution event. SoCalGas supported this annual program through a $50,000 donation as part of the company's Fueling Our Communities $4 million initiative to address food insecurity through new and existing partnerships with food banks and nonprofits. Mookie Betts, MLB All-Star and founder of the 50/50 Foundation, joined the Los Angeles Dodgers Foundation, Councilmember Marqueece Harris-Dawson, and over 20 community volunteer groups and donors in distributing baskets and engaging with families. Brotherhood Crusade is one of several organizations selected from SoCalGas' 12-county service area to receive funding to provide free meals and groceries to low-income families and seniors in need of support. Brotherhood Crusade's principal mission is to champion equality and equity by removing and/or helping individuals overcome the barriers that discourage their pursuit of success in life and facilitate opportunities for a better quality of life. "Brotherhood Crusade is thrilled to join forces with SoCalGas for our Thanksgiving Grab and Go! Basket Distribution. We're deeply grateful for SoCalGas' generous support as part of their Fueling Our Communities initiative. Together, we're ensuring that South LA families facing food insecurity can have everything they need to prepare a wonderful Thanksgiving meal," said Charisse Bremond-Weaver, President and CEO of Brotherhood Crusade. "This partnership exemplifies the spirit of community and compassion, and we extend our heartfelt thanks to SoCalGas for their commitment to making a difference in the lives of others." "We are proud to partner with Brotherhood Crusade to help provide a Thanksgiving meal to families in the South LA community. At SoCalGas, we are invested in the communities we serve, and Fueling Our Communities is one way we demonstrate our commitment to supporting our neighbors in need," said Erin Smith, Senior Vice President, Chief Talent, Culture, and Operations Support Officer. "Food insecurity is a critical issue across the state, with many local food banks reporting the need for significant. Fueling Our Communities began during the COVID-19 pandemic and partnerships like this one with the Brotherhood Crusade have helped provide tens of thousands of families with fresh food." To continue the season of giving and gratitude, SoCalGas has also supported Brotherhood Crusade's 55 th Annual Pioneer of African American Achievement Award Gala. The event will honor the longest-running Los Angeles news anchor and philanthropist, Pat Harvey, for her significant impact and contributions to the community. Proceeds from the Achievement Award Dinner will be used to continue to support and grow the many programs that Brotherhood Crusade provides for the youth of South Los Angeles. The Fueling Our Communities initiative began in 2020 as a collaborative effort between SoCalGas and five regional nonprofits in response to the COVID-19 pandemic. During its first summer, the program successfully provided more than 140,000 meals to 40,000 individuals from underserved communities across Southern California. SoCalGas is expanding the impact of the 2023 Fueling Our Communities initiative by allocating $4 million, the largest commitment to date, to new and existing partnerships with food banks and nonprofits throughout SoCalGas' 12-county service area. This expansion will primarily focus on serving families and seniors in need, providing vulnerable populations with food support. SoCalGas remains committed to making a positive difference in the communities it serves, and the Fueling Our Communities effort is a testament to this ongoing dedication. By addressing food insecurity in Los Angeles County, SoCalGas and its partners aim to create a healthier and more sustainable future for all. Media assets can be found here . About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to over 21 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to the goal of achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on X (@SoCalGas), Instagram (@SoCalGas) and Facebook. About Brotherhood Crusade Brotherhood Crusade was founded in 1968. The organization's principal mission is to champion equality and equity by removing and/or helping individuals overcome the barriers that deter their pursuit of success in life and facilitate opportunities for a better quality of life by effectuating improved health & wellness, social & economic growth, facilitating academic success, promoting personal, providing access to artistic excellence & cultural awareness, increasing financial literacy, and building community agencies & institutions. To learn more about Brotherhood Crusade, visit brotherhoodcrusade.org. 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," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "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 by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other governmental and 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 in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining third-party consents and approvals; 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, all of which continue to become more pronounced; 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; failure of our counterparties to honor their contracts and commitments; 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 the clean energy transition 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 our ability to incorporate new technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events 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 Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company

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*As of December 31, 2025. Numbers may be approximate.

Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC).