Connect with us

PR Newswire

PSEG Launches Its First ESG Performance Report

Avatar

Published

on

  • New metrics: expanded disclosure of employee demographics
  • New vehicle fleet electrification goal
  • New waste reduction goal
  • New COVID-19 response overview

Updates include:

  • An updated Materiality Assessment
  • PSEG metrics linked to UN Sustainable Development Goals metrics
  • Progress updates on our ESG goals

The new PSEG ESG Performance Report is available online here.

As COVID-19 and the social unrest of 2020 have demonstrated, business and society are dynamic – and ESG reporting needs to rapidly evolve to continue to meet the needs of business and stakeholders who make decisions in this era of constant change. PSEG has delivered best-in-class environmental reporting for years and today’s report reflects PSEG’s continued disclosures to meet the needs of stakeholders.

The report presents not only the data and details, but also PSEG’s approach to disclosure and its continued commitment to relevant, accessible and detailed ESG information. This report is part of PSEG’s strong legacy of reporting and metrics. Going forward, these details will be incorporated into PSEG’s annual climate and sustainability report.

“Even as we devote attention to the immediate crisis of the pandemic, PSEG remains intently focused on the long-term challenges of climate change,” PSEG Chairman, President and CEO Ralph Izzo said. “The impacts of our changing climate pose risks to our environment, our communities, our economy and our business. We’re pleased to offer the first-ever PSEG ESG Performance Report as a centralized source of data – available to anyone who wants to better understand our business strategy and evaluate our business’ impact. Our objective is to simplify and expedite the flow of information and to continuously improve our disclosure process to be more useful and transparent, which can be especially helpful to our diverse stakeholders who navigate the evolving landscape of ESG metrics.”

“From Wall Street to Main Street, PSEG’s stakeholders are increasingly focused on the role that environmental, social and governance issues play in our business agenda,” PSEG Senior Vice President for Corporate Citizenship Rick Thigpen said. “Disclosing ESG data helps stakeholders better understand how PSEG is achieving long-term growth by meeting the energy needs of highly diverse communities today and helping them make the transition to a clean energy future.”

“The combined impacts of the COVID-19 pandemic and steps taken to address social equity helped to make 2020 a unique year,” PSEG Chief Human Resources Officer and Chief Diversity Officer Sheila Rostiac said. “The PSEG ESG Performance Report aims to capture and share a fuller picture of what we’ve accomplished as a company. As a best-in-class employer, PSEG is stepping up support for employees, increasing our focus on DEI, increasing transparency in workforce reporting, and driving culture change for an inclusive workplace where all employees can thrive.”

The PSEG ESG Performance Report complements our more extensive reports and reporting frameworks. PSEG’s Climate Report can be found online here. Its Sustainability report can be found here. More ESG reporting and disclosure information can be found on PSEG’s Investor Relations website under Governance > ESG disclosures, or by visiting https://investor.pseg.com/governance/esg-disclosures/default.aspx.

Public Service Enterprise Group Inc. (PSEG) (NYSE: PEG) is a publicly traded diversified energy company with approximately 13,000 employees. Headquartered in Newark, N.J., PSEG’s principal operating subsidiaries are: Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island. PSEG is a Fortune 500 company included in the S&P 500 Index and has been named to the Dow Jones Sustainability Index for North America for 13 consecutive years (https://corporate.pseg.com).

Visit PSEG at:
www.pseg.com
PSEG on Facebook

PSEG on Twitter

PSEG on LinkedIn

PSEG Energize!

Forward-Looking Statement

The statements contained in this press release that are not purely historical are “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such statements are based on management’s beliefs as well as assumptions made by and information currently available to management. Factors that may cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are discussed in our Annual Report on Form 10-K and subsequent reports on Form 10-Q and Form 8-K filed with the Securities and Exchange Commission (SEC), and available on our website: https://investor.pseg.com. All of the forward-looking statements made in this press release are qualified by these cautionary statements and we cannot assure you that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these forward-looking statements in making any investment decision. Forward-looking statements made in this press release apply only as of the date hereof. While we may elect to update forward-looking statements from time to time, we specifically disclaim any obligation to do so, even in light of new information or future events, unless otherwise required by applicable securities laws.

From time to time, PSEG, PSE&G and PSEG Power release important information via postings on their corporate Investor Relations website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the Investor Relations  website to review new postings. You can also use the “Email Alerts” link at https://investor.pseg.com sign up for automatic email alerts regarding new postings.

SOURCE PSEG

Related Links

http://www.pseg.com

Source: https://www.prnewswire.com:443/news-releases/pseg-launches-its-first-esg-performance-report-301210811.html

PR Newswire

Former Chief Economist of the SEC and Online Trading Academy Comment that for Retail Traders, Not all Education is Equal

Avatar

Published

on

IRVINE, Calif., March 2, 2021 /PRNewswire/ — In the Government hearings of the US House Committee on Financial Services beginning last week titled, “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide?”, we heard a lot about the importance of…

Source: https://www.prnewswire.com:443/news-releases/former-chief-economist-of-the-sec-and-online-trading-academy-comment-that-for-retail-traders-not-all-education-is-equal-301238392.html

Continue Reading

PR Newswire

MEDIA ALERT: Equinix, VMware, NS1 and Leading Analyst Firm to Participate in “What Is at the Edge and Why Does Proximity Matter?” Webinar

Avatar

Published

on

REDWOOD CITY, Calif., March 2, 2021 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, today announced an upcoming virtual roundtable “What Is at the Edge and Why Does Proximity Matter?” with C-suite executives featuring speakers from Equinix,…

Source: https://www.prnewswire.com:443/news-releases/media-alert-equinix-vmware-ns1-and-leading-analyst-firm-to-participate-in-what-is-at-the-edge-and-why-does-proximity-matter-webinar-301238385.html

Continue Reading

PR Newswire

Retired Judge Richard B. ‘Rick’ Orfinger Joins Upchurch Watson White & Max

Avatar

Published

on

ORMOND BEACH, Fla., March 2, 2021 /PRNewswire/ — Richard B. “Rick” Orfinger retired after 20 years as a judge on the Fifth District Court of Appeal at the end of January and early the next month embarked on his career as a full-time neutral with Upchurch Watson White & Max Mediation…

Source: https://www.prnewswire.com:443/news-releases/retired-judge-richard-b-rick-orfinger-joins-upchurch-watson-white–max-301238140.html

Continue Reading

PR Newswire

CCTV+: Классики, цитируемые Си Цзиньпином: почему люди поддерживают КПК?

Avatar

Published

on

ПЕКИН, 2 марта 2021 г. /PRNewswire/ — В одном из гарвардских исследований, опубликованных в июле прошлого года, сообщалось, что Коммунистическая партия Китая (КПК) имеет высокий уровень поддержки и удовлетворенности среди китайского населения, превышающий 93%. С момента основания КПК 1…

Source: https://www.prnewswire.com:443/news-releases/cctv-klassiki-tsitiruemye-si-tszin-pinom-pochemu-liudi-podderzhivaiut-kpk–825371284.html

Continue Reading
AR/VR23 hours ago

‘Farpoint’ Studio Impulse Gear Announces a New VR Game Coming This Year

Esports2 days ago

PowerOfEvil on TSM’s Spring Split playoff preparation: ‘A lot of things are going to change in the next couple of days’

Aerospace2 days ago

Astra’s 100-year plan: Q&A with CEO Chris Kemp

Esports2 days ago

How to download Pokemon Unite APK, iOS, and Switch

Crowdfunding4 days ago

Verifi Reveals that Nearly $31 Billion Is Lost Yearly to Transaction Disputes, which May Be Reduced via “Proactive Management”

Aerospace2 days ago

Partners produce rotor blade 3D-printed tool on Ingersoll 3D printer

Crowdfunding4 days ago

Fintech Unicorn Brex Explains how Digital Commerce Startups can Scale Operations by Selling Wholesale

Cyber Security3 days ago

How you can get someone’s Snapchat password?

Aviation2 days ago

Uganda Airlines To Fly The Rare Airbus A330-800 To London Heathrow

Gaming18 hours ago

Betfred Sports, Represented by SCCG Management, Signs Multi-year Marketing Agreement with the Colorado Rockies

Payments2 days ago

4-parter on Coinbase “IPO” – Part 1 = 5 Reasons Why It Matters

Automotive3 days ago

Rivian shares details on the R1T pickup’s clever battery heating strategies

HRTech2 days ago

Only 57% Indian employees feel GTL insurance cover by employer is sufficient

Crowdfunding4 days ago

Kraken Bank CEO David Kinitsky Provides Glimpse into How He’s Planning to Set Up Operations, As Company Might Acquire More Funding

Cyber Security2 days ago

Critical Vulnerability Discovered in a Firewall Appliance Made by Genua

Covid194 days ago

World Beer Index 2021: What’s the Price of a Beer in Your Country?

Blockchain2 days ago

Logan Paul Makes New NFT Pokemon Card Unboxing Highlights, Sells Out

Blockchain7 hours ago

Billionaire Hedge Fund Manager and a Former CFTC Chairman Reportedly Invested in Crypto Firm

Cleantech1 day ago

Honda, Yamaha, KTM, & Vespa Agree To Universal Electric Motorcycle Battery Standard

Crowdfunding4 days ago

Gemini Says Offering Excellent Customer Experience Is Key Priority, Company Launches Cryptopedia, a Free Crypto Education Platform

Trending