Sharing Progress in Building a Safer, More Sustainable Energy Future for Customers, PG&E Issues Annual Corporate Sustainability Report
August 02 2022 - 1:00PM
Business Wire
Report Highlights ‘Inflection Point’ for
Company, with Commitments to Underground Powerlines and Become
Climate Positive
Today, Pacific Gas and Electric Company (PG&E) released its
annual Corporate Sustainability Report, which outlines major
strides the company has made in safety and environmental
stewardship, while working toward the “triple bottom line” of
serving people, the planet, and California’s prosperity.
“Last year was a major inflection point in PG&E’s long
history. Facing historic wildfire conditions, we launched
unprecedented initiatives to reduce the risk of wildfires,
including efforts to reimagine our electric system by
undergrounding 10,000 miles of powerlines in the areas most at
risk. We also began envisioning our plan to help roll back the
impacts of climate change, which was detailed in the bold climate
commitments we unveiled last month,” said Patti Poppe, CEO of
PG&E Corporation.
Committed to Climate Action in California
The comprehensive online report highlights PG&E’s ambitious
climate plan, released in June, that will see the company achieve
significant emissions reductions by 2030, reach net-zero greenhouse
gas emissions by 2040, and become “climate positive” by 2050, or
actively removing more carbon from the environment than it
emits.
Using statistics and stories, the report also details meaningful
action PG&E took in 2021 on clean energy adoption, clean
transportation, and energy storage. These actions include:
- Providing customers with electricity that was more than 90%
greenhouse-gas-emissions free, with about 50% from state-qualified
renewable resources.
- Awarding contracts for more than 3,300 MW of battery energy
storage to be deployed through 2024.
- Reaching 600,000 private solar interconnections, more than any
other U.S. utility.
- Reaching nearly 5,000 installed charging ports for electric
vehicles, 39% of which are in disadvantaged communities.
- Interconnecting PG&E’s first renewable natural gas project,
a first-of-its-kind system bridging dairies and PG&E gas
pipelines.
Ongoing Commitment to Reduce Wildfire Risk
The report also details several ways PG&E is taking a
leading role in reducing wildfire risk across its service area,
including:
- Committing to a “game-changing” investment to underground
10,000 miles of powerlines as a long-term solution to preventing
wildfires.
- Launching the Enhanced Powerline Safety Settings (EPSS)
program, which allows for automatic shutdown of electric lines if
the system senses a problem. As a result, California Public
Utilities Commission-reportable ignitions went down 80% on
EPSS-enabled circuits versus the past three-year average.
- Making the Public Safety Power Shutoff (PSPS) program more
targeted and focused and lowering the number of customers impacted
by 88% compared to 2020.
- Meeting its major Wildfire Mitigation Plan commitments,
including hardening over 200 line-miles and installing over 300
weather stations.
Co-creating Solutions for a Safe, Prosperous, Sustainable
Future
The investments detailed in the report demonstrate PG&E’s
commitment toward a safe, reliable, and affordable energy system,
while supporting economic vitality and job creation within
PG&E’s hometowns. The company also remains focused on helping
to ensure that equity and inclusion remain at the forefront of
California’s energy transition.
In 2021, PG&E continued to engage with diverse groups of
stakeholders, including environmental and sustainability groups,
community organizations, local and tribal governments, academia,
and policymakers to envision solutions that will lead to safer,
more sustainable outcomes for customers.
“We know that our success will require involving all our
stakeholders in the goals that we set and collaborating with them
to find the right solutions for achieving results. Our external
Sustainability Advisory Council played an instrumental role in
helping us set ambitious new climate goals and reinforced the need
for broad community engagement as we chart a path to a more
equitable and affordable energy future. As we work to reimagine our
electric system, our new Undergrounding Advisory Group is giving us
broad perspectives—across agencies, local and tribal governments,
labor, and other sectors—to help co-create what will become the
country’s most modern and expansive underground electric system,”
said Carla Peterman, PG&E Corporation Executive Vice President,
Corporate Affairs and Chief Sustainability Officer.
To view the Corporate Sustainability Report, visit
www.pgecorp.com/sustainability.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E
Corporation (NYSE:PCG), is a combined natural gas and electric
utility serving more than 16 million people across 70,000 square
miles in Northern and Central California. For more information,
visit pge.com and pge.com/news.
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