SoCalGas Receives Organizational Leadership Award from The Climate Registry for its ASPIRE 2045 Sustainability Strategy
The utility is being recognized not only for its own emissions reduction goals, but also for exemplifying leadership in its internal response to climate change and the engagement of its peers, partners, and supply chain.
"SoCalGas is honored to be recognized by The Climate Registry," said
SoCalGas' ASPIRE 2045 sustainability strategy provides the utility with a framework to accomplish several milestones, including surpassing California's goal of reducing fugitive and vented methane emissions by 20% from a 2015 baseline by 2025, several years ahead of schedule, and nearing the state's goal of a 40% reduction by 2030.1 SoCalGas has also converted 38% of its over-the-road fleet vehicles2 to alternative fuel vehicles, with an aim of achieving 50% alternative fuel vehicles by 2025, and a 100% zero emissions vehicle fleet by 2035. The utility continues to make advancements in decarbonizing the fuel it transports, delivering approximately 5% renewable natural gas to its core customers3 in 2023, with a goal of 20% by 2030.
"SoCalGas exemplifies leadership in sustainability with their impressive achievements in methane emissions reduction, energy efficiency programs, renewable natural gas initiatives, clean fleet management, and groundbreaking carbon management projects," said
SoCalGas was also recently honored with the top "Business Transformation Award" from Reuters Events for establishing transformative sustainability priorities that have the potential to create impact at scale in their sector and beyond. One such transformative effort, SoCalGas' [H2] Innovation Experience, a clean hydrogen microgrid demonstration project, has been named a World-Changing Idea by
Learn more about SoCalGas's sustainability efforts at https://www.socalgas.com/sustainability.
About SoCalGas
Headquartered in
SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep bills affordable for customers. SoCalGas is a subsidiary of
For more information visit socalgas.com/newsroom or connect with SoCalGas on X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.
Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S.
These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.
1 Per CPUC rulemaking 15-01-008, thresholds for fugitive and vented methane emissions reductions vary by classification tier, which are based on 2015 emissions percentages. As a class A utility, SoCalGas has specific mandated reduction targets.
2 Over-the-road fleet refers to light-, medium-, and/or heavy-duty company fleet vehicles.
3 Renewable Gas Procurement Standard is a mandatory RNG procurement program on behalf of core customers pursuant to SB 1440. Core customers are customers receiving "core service" as defined in SoCalGas' Tariff Rule No.23.
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