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Pacific Gas and Electric Company Named One of Ten Best Corporate Citizens Among Utilities by Corporate Responsibility Officer Magazine Pacific Gas and Electric Company Scores High in Corporate Governance, Environment

Release Date: November 5, 2007
Contact: PG&E External Communications (415) 973-5930

mp;E) has been named one of the ten most responsible corporate citizens among utilities in the nation by Corporate Responsibility Officer Magazine (CRO) in its recently released 10 Best Corporate Citizens by Industry 2007 rankings.

As part of CRO's search for the 10 Best, the bimonthly publication contracted with an independent firm to analyze the corporate citizenship efforts of publicly traded companies in multiple industry sectors, including Utilities, Media, Financial, Energy and Chemical. PG&E ranked among the top ten utilities in the country after the corporation was analyzed against industry peers on the categories of environmental, social, governance and financial performance.

"PG&E is proud to be named among the top corporate citizens among utilities in the nation," stated Ophelia Basgal, vice president of civic partnership and community initiatives. "It is our customers' high expectations that we be a leader in the communities we serve, and this drives our company goal to create lasting trust and respect with our customers and shareholders."

Pacific Gas and Electric Company recognizes that we live and work in an environment that constantly challenges us to think anew about our customers, communities and responsibilities as a company. This accountability starts with our 15 million customers, nearly 20,000 employees, investors, regulators, partners and communities within California. It ultimately extends to everyone who shares PG&E's interest in ensuring a clean, secure energy future–from national policymakers to industry peers at home and even overseas.

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For more information about PG&E's Corporate Responsibility Report, please visit: www.pgecorp.com/corp_responsibility/reports/2006/.

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