PGE's 2022 ESG Report Highlights Progress
Portland General Electric Co
Portland General Electric (PGE) has published its 2022 ESG Report, demonstrating its commitment to achieving an equitable, sustainable, and reliable clean energy future.
The report emphasises PGE's dedication to decarbonisation and improving the well-being of its customers, employees, communities, and environment. It highlights significant initiatives and accomplishments in these areas.
"Our responsibilities are significant, and we are continuously evolving our ambitions and best practices to advance sustainability and social equity,” said Kristen Sheeran, PGE's Director of Sustainability and Resource Planning. “We are firmly committed to a future in which all our customers, employees, and communities can thrive.”
PGE's ESG values and priorities are crucial to meeting key goals and milestones amid market volatility, economic shifts, and extreme weather events in the region. Following are the highlights of the report:
PGE aims to achieve 100% clean electricity and net-zero GHG emissions company-wide by 2040 by reducing the emission intensity of its resource portfolio.
The company aligns with the United Nations Sustainable Development Goals to achieve prosperity for people and the planet.
PGE expanded customers' options to manage their energy journey and transition to electrification while providing tools and programs to manage costs.
Efforts to foster an inclusive workforce, increase diversity, and expand diverse supplier spend in the supply chain have been a focus.
PGE entered a new phase of its sustainable finance strategy by financing an eligible green investment under its Green Financing Framework.
The company increased its commitment to the environment through record investments in wildlife returns and restoration efforts.
Community stewardship continues through volunteering, student programmes, charitable giving, and partnerships.
For more investor-related news
Source: PGE
Click here to view or download the report.
