PACIFIC GAS & ELECTRIC Co
For the period ended May 22, 2025. Filed Apr 10, 2025.
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May 22, 2025 · Filed Apr 10, 2025
Contents
Notes:
Scope 1: Direct emissions from PG&E’s operations.
Scope 2: Indirect emissions from facility electricity use and electric line losses.
Scope 3: Emissions resulting from value chain activities not owned or controlled by PG&E but that can be indirectly impacted by PG&E actions.
“Scope 4”: An emerging term for categorizing emission reductions enabled by a company. PG&E can make a significant contribution by enabling these emission reductions in our service area.
PG&E Corporation| Pacific Gas and Electric Company 2025 Joint Proxy Statement 8
Our Progress
As the state’s largest energy provider, we embrace our foundational role in transitioning California to a decarbonized and more climate-resilient economy. Today, one in every six solar rooftops in the country is in PG&E’s service area, and about one in eight electric vehicles in the nation plugs into PG&E’s grid. We are also partnering with a broad spectrum of stakeholders to create a pathway to a more equitable and affordable energy future.
| Generated enough greenhouse-gas free electricity to meet 98% of our retail customer electricity consumption | Brought the total number of interconnected private solar customers to more than 880,000 | Managed contracts for more than 4.6 GW of battery energy storage to be deployed over the next several years and operated 183 MW of Utility-owned battery storage |
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| Helped enable the total number of electric vehicles operating in our service area to exceed 675,000 | Brought the total number of customers who have installed battery storage at their homes or businesses to more than 120,000 | Helped customers avoid emissions and energy costs through robust energy efficiency programs |
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In 2024, we completed our first system-wide Climate Adaptation Vulnerability Assessment to better understand how climate-driven natural hazards may impact our assets, services, and operations. And we continued to advance our decarbonization initiatives for the natural gas delivery system, including meeting the CPUC-mandated methane emission reduction target ahead of schedule and accelerating initiatives to meet our voluntary 2030 reduction goal. We also launched an initiative to purchase California-produced renewable natural gas for our natural gas customers, toward a target to procure renewable natural gas to serve 15 percent of our bundled residential and small commercial demand by 2030.
We do this work transparently, reporting our progress in our annual Corporate Sustainability Report and in our responses to the CDP (formerly the Carbon Disclosure Project) and related organizations. We have also issued a Climate Strategy Report (available atpge.com/climate), that is aligned with the guidance from the Task Force on Climate-Related Financial Disclosures.
PG&E Corporation| Pacific Gas and Electric Company 2025 Joint Proxy Statement 9
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