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Sempra
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Sempra Announces 2021 Corporate Sustainability Report
Highlighting sustainable business practices Outlining alignment with relevant United Nations Sustainable Development Goals Updating progress on environmental, social and governance practices SAN DIEGO, April 29, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today released its 2021 Corporate Sustainability Report highlighting the company's sustainable business practices in support of its five-year, $36 billion capital plan to advance new investments in critical energy infrastructure. "As the owner and operator of one of North America's largest energy networks, we have a critical role to play in advancing energy security, future economic growth and the development of a lower-carbon society," said Jeffrey W. Martin, chairman and chief executive officer of Sempra. "This is why our corporate strategy is centered on sustainability, with an unwavering focus on safety, resilience, energy security and climate security, as we help build a healthy economy and better quality of life for those we serve." In addition to providing important updates on the company's environmental, social and governance (ESG) priorities, the 2021 report illustrates Sempra's commitment to sustainable business practices, including how the company is taking steps to: Align its portfolio with long-term macroeconomic, market and policy trends. Strengthen operational excellence by enhancing safety, climate resilience and affordability. Capture new opportunities and activate new value streams through investments in infrastructure to support increasingly diversified and cleaner forms of energy. The report also outlines Sempra's key sustainability pillars and their alignment with relevant United Nation's Sustainable Development Goals. Additionally, the report highlights how Sempra is expanding new ESG financing opportunities through its Sustainable Financing Framework, launched in 2021. The framework outlines the parameters under which the company and its California utilities invest in sustainable projects that are aligned with its business and ESG strategy. View the full report at: sempra.com/sustainability/sustainability-report. "Sempra's focus on sustainability is central to our strategy, capital allocation and sustained performance," said Lisa Alexander, senior vice president of corporate affairs and chief sustainability officer at Sempra. "Throughout our report, you will see examples of our sustainable business practices, including our proactive management of environmental, social and governance risks and opportunities to drive improvements across a variety of performance criteria. Taken together, these efforts benefit all our various stakeholders with the view toward creating sustainable, long-term value for our shareholders." Sempra's sustainability strategy relies on transparent, two-way communication with stakeholders to seek input and guidance and, in turn, help stakeholders understand how the company continues to improve its business operations. The company's three growth platforms — Sempra California, Sempra Texas and Sempra Infrastructure — are well-positioned to play a critical role in delivering lower and zero-carbon energy and sustainable, long-term value for the company's shareholders and other stakeholders. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have 20,000 talented employees who deliver energy with purpose to nearly 40 million consumers. With more than $72 billion in total assets at the end of 2021, the San Diego-based company is the owner of one of the largest energy networks in North America helping some of the world's leading economies move to cleaner sources of energy. The company is helping to advance the global energy transition through electrification and decarbonization in the markets it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture focused on safety, workforce development and training, and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the "World's Most Admired Companies" for 2022 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at sempra.com and on Twitter @Sempra. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. 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 other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "opportunity," "target," "outlook," "maintain," "continue," "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 described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, in rates from customers or a combination thereof; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the 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, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental entities and regulatory bodies; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, arbitrations, and property disputes, including those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; changes to laws, including proposed changes to the Mexican constitution that could materially limit access to the electric generation market and changes to Mexico's trade rules that could materially limit our ability to import, export, transport and store hydrocarbons; failure of foreign governments and state-owned entities to honor their contracts and commitments; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our debt service obligations; the impact of energy and climate policies, legislation and rulemaking, as well as related goals set, and actions taken, by companies in our industry, including actions to reduce or eliminate reliance on natural gas generally and any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to timely and economically incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid or limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic, including potential vaccination mandates, on capital projects, regulatory approvals and the execution of our operations; cybersecurity threats to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business, all of which may become more pronounced in the event of geopolitical events and other uncertainties, such as the conflict in Ukraine; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Community Choice Aggregation and Direct Access, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices, including inflationary pressures in the U.S., and our ability to effectively hedge these risks and with respect to inflation and interest rates, the impact on SDG&E's and SoCalGas' cost of capital and the affordability of customer rates; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are 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 LNG, 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 LNG, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra
Sempra Named to 'America's Best Employers for Diversity' Top 100 List
SAN DIEGO, April 26, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the top 100 on Forbes' list of ' America's Best Employers for Diversity' for 2022. This marks the fourth consecutive year that the company has been recognized on the Forbes' list as a top workplace for diversity. Forbes ranked Sempra 92 out of 500 companies this year and second among utility industry employers. "Our strength as a company comes from our high-performance culture, which is fueled by the diverse backgrounds and experiences of our employees," said Mitch Mitchell, senior vice president of diversity and community partnerships for Sempra. "With a business footprint that stretches from Los Angeles to Mexico City and North Texas, our workforce is a mosaic of different cultures, lived experiences and shared values – all of which is focused on meeting the ever-evolving needs of all stakeholders and the communities we serve." Championing Diversity Across its Companies and Communities Sempra is dedicated to building a high-performance culture that empowers its employees by enabling them to reach their full potential while delivering sustainable value that creates a positive impact for its company, customers and all its stakeholders. The company's diverse and inclusive environment also extends to the communities it serves. In 2021, the Sempra family of companies and Sempra Foundation aligned their community investments across four key priorities – climate action, diversity and inclusion, economic prosperity and energy access – investing in more than 1,650 nonprofit organizations, nearly three-quarters of which supported diverse or underserved communities. At its California utilities, San Diego Gas & Electric and Southern California Gas Co., more than $1.9 billion in goods and services were purchased from businesses owned by women, minorities, service-disabled veterans and the LGBTQ+ community in 2021, marking the ninth consecutive year that each company's supplier diversity spending exceeded 40% of total spending on goods and services. Learn more about Sempra's inclusive and high-performance culture in its 2020 Corporate Sustainability Report. Recognizing Leading Diversity Practices Forbes' ranking was determined from an independent survey of 50,000 employees working for major companies in the U.S. Respondents were asked about their employers' diversity practices related to age, gender equality, ethnicity, disability, sexual orientation and general diversity. The ranking also considered diversity among board and executive teams, as well as the most proactive diversity and inclusion initiatives. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have 20,000 talented employees who deliver energy with purpose to nearly 40 million consumers. With more than $72 billion in total assets at the end of 2021, the San Diego-based company is the owner of one of the largest energy networks in North America helping some of the world's leading economies move to cleaner sources of energy. The company is helping to advance the global energy transition through electrification and decarbonization in the markets it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture focused on safety, workforce development and training, and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the "World's Most Admired Companies" for 2022 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at sempra.com and on Twitter @Sempra. SOURCE Sempra
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SoCalGas Chief Executive Officer Scott Drury Joins Prestigious Wall Street Journal CEO Council
Drury joins influential leaders of companies from 25 different countries LOS ANGELES, April 25, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced its Chief Executive Officer, Scott Drury, was recently selected to join the Wall Street Journal's CEO Council. The Wall Street Journal CEO Council brings together the most influential decision makers from around the world. Members of the CEO Council represent companies from a cross-section of industries that collectively employ more than 11 million people and generate more than $3 trillion in annual revenue. "At SoCalGas we are leveraging our vast infrastructure, skilled workforce and our relationships with the business, academic, labor, and environmental communities to bring positive and lasting change to the communities we serve and to accelerate the transition to clean energy in California," said Scott Drury, SoCalGas Chief Executive Officer. "It is an honor to serve on the Wall Street Journal CEO Council alongside other top leaders who are working to shape a healthy and prosperous future for people here and around the world." "To tackle big issues from climate change to energy security we need bold, dynamic and inclusive leadership; and that is exactly what Scott Drury brings to the table," said former Governor Gray Davis. Davis is the 2022 Co-Chair of the Southern California Leadership Counsel. "Scott's commitment to sustainability, innovation and community have positioned SoCalGas as a national leader on the path to net zero emissions and have contributed to California's reputation as a forerunner in a clean energy transition." "Under Scott's leadership, SoCalGas is developing real solutions – like the Angeles Link green hydrogen proposal - to decarbonize sectors of the economy that wind and solar can't reach and help to increase the amount of reliable clean energy available in the region," said Supervisor Kathryn Barger, who represents Los Angeles County's Fifth District. "Thanks in part to Scott's efforts, L.A. County is well positioned to continue to grow sustainably without increasing greenhouse gas emissions or jeopardizing grid reliability." Scott Drury became chief executive officer (CEO) of Southern California Gas Company (SoCalGas), a Sempra regulated California utility in 2020. Previously, Drury was the president of San Diego Gas & Electric (SDG&E), another Sempra regulated California utility. Under his leadership, SDG&E made significant strides in modernizing the energy grid to enhance safety and reliability, while providing customers with increasingly sustainable energy choices and creating long-term value for all stakeholders. To learn more, click here. About SoCalGas Headquartered in Los Angeles, SoCalGas® is North America's largest gas distribution utility, serving 21.8 million consumers across 24,000 square miles of Central and Southern California with affordable, reliable, and increasingly renewable gas service. SoCalGas's mission is to build the cleanest, safest and most innovative energy company in America. SoCalGas has committed to the goal of achieving net zero greenhouse gas emissions in its operations and delivery of energy by 2045 while keeping bills affordable for customers. SoCalGas' recent economy-wide technical analysis shows how clean fuels like green hydrogen can help California achieve its net zero goals more affordably and with less risk than other energy pathways. SoCalGas is a subsidiary of Sempra (NYSE: SRE). For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
Sempra Infrastructure Contributes $50,000 To Enhance Memorial Park Landscape
Over 900 native plants placed by employees during Environmental Champions event honoring Earth Day HOUSTON, April 22, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), announced today a $50,000 contribution to Memorial Park Conservancy in support of the organization's ongoing efforts to enhance environmental infrastructure, stormwater management and establishment of resilient ecologies in Houston's largest urban wilderness and recreation park. "We are excited to continue supporting Memorial Park Conservancy in its beautification and restoration activities for the second year," said Brian Lloyd, regional vice president of external affairs and communications for Sempra Infrastructure. "We are proud to be a part of Memorial Park Conservancy's transformational efforts to restore and build a resilient ecosystem within the park so that everyone can enjoy it for years to come." Additionally, more than 50 employees and their families contributed approximately 100 hours of volunteer service and joined the Park's staff to plant over 900 native grasses and plants to help preserve, restore and enhance the Park during the Environmental Champions event in honor of Earth Day. "Memorial Park Conservancy is proud to work with Sempra Infrastructure, a founding member of our Corporate Partners Program. Its commitment to community and sustainability strengthens our mission of preserving, restoring and enhancing Memorial Park for all Houstonians," said Shellye Arnold, Memorial Park Conservancy President and CEO. "Sempra Infrastructure's dedicated volunteers and financial support make a real and immediate impact." Sempra Infrastructure's participation in this event and the company's contribution are an extension of the ongoing relationship announced last year. In 2021, Sempra and Sempra Infrastructure contributed a total of $150,000 to Memorial Park Conservancy. Located in the heart of Houston and less than five miles from Sempra Infrastructure's new Houston headquarters, Memorial Park spans 1,500 acres. Memorial Park Conservancy's mission is to preserve, restore and enhance the park for the enjoyment of all Houstonians, today and tomorrow. About Sempra Infrastructure Sempra Infrastructure delivers energy for a better world. Through the combined strength of its assets in North America, the company is dedicated to enabling the energy transition and beyond. With a continued focus on sustainability, innovation, world-class safety, championing people, resilient operations and social responsibility, its more than 2,000 employees develop, build and operate clean power, energy networks and LNG and net-zero solutions, that are expected to play a crucial role in the energy systems of the future. For more information about Sempra Infrastructure, please visit www.SempraInfrastructure.com and Twitter. About Memorial Park Conservancy Memorial Park Conservancy is a non-profit organization created to restore, preserve, and enhance Memorial Park for the enjoyment of all Houstonians, today and tomorrow. Now celebrating its 22nd year, the Conservancy's vision is to implement the principles of world-class park management and stewardship in partnership with the Houston community. Memorial Park Conservancy is responsible for managing 1,100 of the Park's 1,500 acres. SOURCE Sempra North American Infrastructure
Sempra advances climate action across California
California’s diverse ecosystems are world-renowned, not only for the beautiful landscapes but also for the land’s contribution to the economic health of the country. The state features nine national parks, over 3,400 miles of coastline, and leads the nation in agricultural production. Sempra has called California home for close to a quarter of a century and has a long history of supporting environmental organizations. Last year, the Sempra family of companies invested $6.6 million in climate action, energy access and environmental initiatives through grants, donations and contributions to environmentally focused third-party organizations. To help maintain the state’s natural beauty and agricultural industry, $4.4 million of the grants focused on helping shape cleaner and more resilient communities across our home state. Learn more about two California-based organizations supported by Sempra that are making a positive impact in the Golden State. Regenerative agriculture White Buffalo Land Trust (WBLT) is directly addressing the climate, biodiversity, public health, and food security challenges we face today through innovation of land stewardship and the redesign of food systems. Regenerative agriculture is a system of farming principles and practices meant to increase biodiversity, enrich soils, improve watersheds, and enhance ecosystem services. A key outcome is the drawdown of excess carbon from the air into the soil. With agriculture and forestry currently contributing nearly one quarter of greenhouse gas emissions worldwide, updated farming methods are more critical than ever. Sempra is supporting the first year of WBLT’s Regenerative Land Stewardship Program. Through the program, leaders, scientists, and practitioners are working to equip land stewards with the knowledge and tools they need to help slow climate impacts and build long term resiliency. Education is taking place through a series of workshops, events and mentoring programs, giving farmers practical skills and a deeper understanding of regenerative principles and techniques. Restorative aquaculture Hubbs-SeaWorld Research Institute (HSWRI) is a non-profit scientific research organization that works to promote a healthier planet through the conservation and renewal of marine life. HSWRI’s team makes a significant effort to keep up with the rapidly changing world, providing innovative scientific solutions to challenges threatening ocean and marine health. Sempra is supporting HSWRI’s Restorative Aquaculture Program, where scientists are studying the environmental healing capacity of native ocean plants and animals. Scientists are learning how organisms can remove nutrients and matter from seawater and how they can work together synergistically. Through this work, they hope to discover ways to mitigate human impacts on the ocean, promote sustainable seafood practices and boost climate resiliency. Climate action drives real impact The unprecedented focus on climate change has compelled people, companies, and even countries to recommit themselves to a cleaner, safer, and healthier planet. At Sempra, we’re no different: we’re working to track and aggregate the impacts associated with the company’s philanthropic investments in climate action. As a result, through investments like these, we’re currently projecting emissions reductions equivalent to removing nearly 210,000 average passenger vehicles from the roads for a full year, based off 2021 investments with data as of March 2022. As Sempra works toward our vision of delivering energy with purpose, we expect to continue to seek opportunities to do the right thing by supporting environmentally focused nonprofit organizations. Keep exploring: find out about our climate initiatives in Mexico and Texas
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Building America's leading utility growth business. Sempra is an energy infrastructure company focused on connecting millions through the power of people, ideas and innovation.
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Sempra is a leader in developing America’s liquefied natural gas (LNG) export market, building the infrastructure to bring cleaner, more reliable and more affordable energy to the world
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SDG&E Completes Ramona Microgrid in Partnership With CAL FIRE and U.S. Forest Service
San Diego Gas & Electric (SDG&E) has completed the Ramona microgrid, one of four planned microgrids within the High Fire Threat District. The Ramona facility will provide backup power to the Ramona Air Attack Base, home to CAL FIRE and U.S. Forest Service’s aerial firefighting assets dedicated to protecting rural communities. The microgrid produces zero emissions as it’s powered by 500/kW/2000kWh of battery storage. It was built in collaboration with the two agencies and is part of the SDG&E’s ongoing commitment to keep essential resources powered during Public Safety Power Shutoffs (PSPS) and other emergency situations. “As climate conditions continue to worsen, it’s imperative that we develop innovative solutions to support the continuity of essential resources, particularly our region’s emergency response resources, so they are ready for deployment at any moment,” said SDG&E CEO Caroline Winn. “The completion of the Ramona microgrid is a milestone in our ongoing partnership with CAL FIRE and the U.S. Forest Service as we work to make our electric system safer, cleaner and more reliable.” “We are grateful for the strong working relationship we have with SDG&E. It gives us peace of mind to have backup power for a critical facility like the Ramona Air Attack Base, especially given the fact that fire season in California has become year-round,” said CAL FIRE/San Diego County Fire Chief Tony Mecham. Microgrids are small power grids that can operate in parallel or independently of the larger electric grid to keep pre-defined areas or community resources powered during emergencies. In 2013, SDG&E built the first utility-scale microgrid in the U.S. in Borrego Springs, CA. The company is working to add three more microgrids to help lessen the impact of PSPS and support community resilience by keeping critical facilities energized. “The U.S. Forest Service depends on the Ramona Air Attack Base to protect communities within and adjacent to the Cleveland National Forest. The ability to use aircraft to help suppress catastrophic wildfires is a critical tool in our fire suppression toolbox. Successful fire suppression not only helps safeguard the people and property in local communities, it also helps protect important watersheds, sensitive wildlife habitats and cultural resources,” said Scott Tangenberg, Forest Supervisor. “Equally important as fire suppression, the prevention of wildfires additionally helps reduce carbon emissions and lung-damaging air pollution – both of which contribute to negative health and climate impacts.” CAL FIRE staffs the Ramona Air Attack Base year-round with one OV-10A Bronco tactical aircraft and two S-2T airtankers. These aircraft support wildland fire suppression locally and can be requested to assist with fires throughout California. Additionally, the base houses the U.S. Forest Service’s Bell 205 A++ helicopter and crew, which serves the Cleveland National Forest and can also be mobilized to help throughout the State of California. During fire incidents in San Diego County, the Ramona Air Attack Base serves as the hub for fixed wing aircraft that are assigned to the incident. Microgrids are just one of many wildfire mitigation projects included in SDG&E’s Wildfire Mitigation Plan (WMP) filed annually with the California Public Utilities Commission. In accordance with Senate Bill 901, the WMP outlines the ongoing practices and additional improvements SDG&E will make beyond investments already made to combat the effects of climate change and year-round wildfire threats. For more information on SDG&E’s 2021 WMP, please visit SDGE.com/2021-Wildfire-Mitigation-Plan. SDG&E is an innovative San Diego-based energy 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 providing its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; 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 Twitter ( @SDGE), Instagram ( @SDGE) and Facebook.
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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).