PG&E Corporation Selected for Two Dow Jones Sustainability Indexes
Release Date: September 9, 2009
Contact: PG&E External Communications (415) 973-5930
SAN FRANCISCO – PG&E Corporation (NYSE:PCG) has been named to two of the prestigious Dow Jones Sustainability Indexes (DJSI), listings of companies that lead their industries in their corporate economic, environmental and social performance. PG&E was selected for the second consecutive year to the Dow Jones Sustainability North America Index and, for the first time, to the Dow Jones Sustainability World Index. PG&E is one of only two U.S. utilities selected for the World Index and one of 10 U.S. utilities picked for the North America Index.
The Dow Jones Sustainability Indexes track the financial performance of leading sustainability-driven companies worldwide. In selecting the top performers in each industry sector, DJSI evaluated companies’ performance on issues such as corporate governance, risk management, climate change mitigation, supply chain standards, and labor practices.
“More than ever, it is impossible to separate a company’s long-term business outlook from its performance on sustainability issues,” said Peter A. Darbee, Chairman, CEO and President of PG&E Corporation. “Making smart investments with an eye toward sustainability considerations are fundamental to creating lasting value for shareholders and customers. We are honored to be selected for listing on the Dow Jones Sustainability Indexes.”
PG&E Corporation is an energy-based holding company whose core business is Pacific Gas and Electric Company. Pacific Gas and Electric Company is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, PG&E delivers some of the nation’s cleanest energy to 15 million people in northern and central California. For more information, please visit our web site at www.pgecorp.com.