Sempra Energy Named To Dow Jones Sustainability North America Index
OREANDA-NEWS. September 16, 2016. For the sixth consecutive year, Sempra Energy (NYSE: SRE) has been named to the Dow Jones Sustainability North America Index.
Established in 1999, the Dow Jones Sustainability Indices are compiled annually by S&P Dow Jones and RobecoSAM, a sustainable investment specialty firm. They were the first organizations in the world to track the financial performance of companies that lead their respective industries in managing economic, environmental and social issues with a strong focus on long-term shareholder value. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios.
The Dow Jones Sustainability North America Index recognizes the top 20 percent of companies on the continent in terms of economic, environmental and social criteria. Only eight companies from the Utilities Industry Group, including Sempra Energy, are in the index.
"We are honored to be recognized among North America's leading companies for our commitment to responsible business practices," said Steven D. Davis, executive vice president of external affairs and corporate strategy, and chief sustainability officer for Sempra Energy. "Sempra Energy's focus on sustainability complements our business strategy and is a key component of our long-term success."
Sempra Energy's four principal subsidiaries are Southern California Gas Co., San Diego Gas & Electric, Sempra International and Sempra U.S. Gas & Power.
Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2015 revenues of more than \\$10 billion. The Sempra Energy companies' 17,000 employees serve more than 32 million consumers worldwide.
Sempra International, LLC, Sempra U.S. Gas & Power, LLC, and Sempra Partners, LP, are not the same companies as the California utilities, San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra International, LLC, Sempra U.S. Gas & Power, LLC, and Sempra Partners, LP, are not regulated by the California Public Utilities Commission. Sempra International's underlying entities include Sempra Mexico and Sempra South American Utilities. Sempra U.S. Gas & Power's underlying entities include Sempra Renewables and Sempra Natural Gas.