ESG Stories

Check out our special issue on our industry’s ESG Stories. (ESG standing for the Environmental, Social, Governance non-financial factors considered by investors.)

Fourteen utilities detail in the special issue what they’re doing in ESG (plus Moody’s Investors Service and Morgan Stanley weigh in):

AEP’s Sandy Nessing: “We are at an inflection point; we have a clean energy strategy on the table right now, and if regulators are supportive, by 2030 our generating portfolio will flip to fifty-two percent renewable energy.”

ESG: Duane Highley

Tri-State G&T

“We’re focused on attracting research at these former coal sites where we can transition them to energy storage sites. They’ve got the infrastructure and exceptionally good locations in terms of the transmission grid in the West.”

ESG: Paula Gold-Williams

CPS Energy

“We want customers to know the steps we’re trying toward being more environmentally responsible, but ensuring they have reliable and resilient power. I believe in bringing people along in that journey.”

ESG Publicly

Dentons

Conversations with CPS Energy’s CEO Paula Gold-Williams and Tri-State G&T CEO Duane Highley, moderated by Dentons Chair for U.S. Energy Practice Clint Vince.

How Moody's Rates ESG

Moody's Investors Service

Moody’s began publishing discrete ESG scores in January 2021. PUF spoke with the Moody’s team responsible for the coverage of regulated and unregulated utilities, midstream energy, public power, and power project financings, in both the U.S. and Canada.

ESG: Lisa Alexander

Sempra

“Some of those goals include delivering 60% renewable or zero-carbon energy to California electric consumers by 2030 at SDG&E and delivering 20% RNG to core customers by 2030 at SoCalGas.”

ESG: Caroline Winn

San Diego Gas & Electric

“We’re developing a green hydrogen project, and it’s part of that long-duration energy storage pilot. We’ll install hydrogen storage containers that will help support over ten hours of energy storage for a fuel cell.”

ESG: David Anderson and Kim Heiting

NW Natural

“Over eighty percent of our customers want us to be pursuing renewable natural gas, to be working on solutions that balance affordability and our climate objectives.”

ESG: Shawn Anderson and Pablo Vegas

NiSource

“We’re going to have to tailor solutions and blend them in a way that’s going to meet the needs of communities, make sure our customers are not left behind, and we have equitable outcomes.”