ALBUQUERQUE, N.M., Dec. 4, 2020 /PRNewswire/ -- PNM Resources,
Inc. (NYSE: PNM) has been named to Newsweek's 2021 list of
America's Most Responsible Companies highlighting
companies for performance in the areas of environmental, social and
corporate governance (ESG). This recognition aligns with the
company's continued commitment to ESG principles and reflects the
ongoing efforts to support customers, communities and the
environment at wholly-owned subsidiaries Public Service Company of
New Mexico (PNM) and Texas-New
Mexico Power Company (TNMP).
This publication marks the second year that Newsweek and
Statista analyzed and published a list of top-ranking companies in
corporate social responsibility. The 400 listed companies were
selected based on publicly available data in ESG categories and a
survey of 7,500 U.S Citizens about their perceptions of the
companies. PNM Resources was one of 56 companies listed in the
Energy & Utilities industry and the only company listed from
New Mexico.
"We are honored to be among those recognized for corporate
social responsibility," said Pat
Vincent-Collawn, PNM Resources' chairman, president and CEO.
"Our strategy has adopted these ESG principles and our employees
across New Mexico and Texas deserve all of the credit for living our
values and implementing this strategy, producing the results
measured in this ranking. I am proud of our team's achievements and
continued efforts to support customers and communities."
This announcement follows company efforts in response to COVID
this year to increase financial assistance available to residential
and business customers and community assistance ranging from
bringing wireless hotspots to rural areas to donating meals to
front-line workers. The company has also continued its progress
towards its industry-leading goal of 100% emissions free-energy by
2040 with the announcement of a full exit from coal by 2024, seven
years earlier than previously planned. Information on the company's
Environmental, Social and Governance initiatives can be found at
www.pnmresources.com/esg-commitment.aspx.
Background:
PNM Resources (NYSE: PNM) is an energy
holding company based in Albuquerque,
N.M., with 2019 consolidated operating revenues of
$1.5 billion. Through its regulated
utilities, PNM and TNMP, PNM Resources has approximately 2,811
megawatts of generation capacity and provides electricity to
approximately 790,000 homes and businesses in New Mexico and Texas. For more information, visit the
company's website at www.PNMResources.com.
CONTACTS:
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Analysts
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Media
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Lisa
Goodman
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Ray
Sandoval
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(505)
241-2160
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(505)
241-2782
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SOURCE PNM Resources, Inc.