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Sustainable development

SoCalGas Advances Clean Energy Transition with ASPIRE 2045 Sustainability Strategy

Strategic Insights

— 1 min read

SoCalGas has made significant strides in advancing the clean energy transition, environmental benefits, social equity, and the safety and well-being of its customers, employees, and the communities it serves. The company's ASPIRE 2045 sustainability strategy closely aligns with Sempra's key sustainability pillars, aiming to enable the energy transition, drive resilient operations, champion people, and achieve world-class safety. Through innovative solutions and collaborations, SoCalGas is making progress toward achieving California's ambitious clean energy goals.

Key Takeaways:

  • SoCalGas has proposed the development of Angeles Link, an energy transportation infrastructure system that could deliver reliable clean renewable hydrogen to the Los Angeles Basin for use in heavy-duty transportation and other "hard-to-electrify" sectors.
  • The company unveiled the [H2] Innovation Experience, a renewable hydrogen microgrid constructed to LEED Platinum standards, which demonstrates how a renewable hydrogen microgrid can provide a resilient and reliable source of power.
  • SoCalGas became the first gas-only utility in the U.S. to issue green bonds in a public offering, raising $600 million in bonds to support specified projects within its sustainability initiatives.
  • The company reduced methane emissions by 37% through 2021, exceeding the state's goal of a 20% reduction by 2025 and nearing the state's goal of a 40% reduction by 2030.
  • 36% of SoCalGas' over-the-road fleet are alternative fuel vehicles, with an interim goal to convert 50% of its fleet to zero emissions vehicles by 2025 and aims to reach 100% zero emissions vehicles by 2035.
  • SoCalGas aims to increase diversity, equity, and inclusion in the workplace and in the communities it serves, collaborating with 578 diverse businesses in 2022 and purchasing over $1 billion from minority, women, service-disabled veteran, and LGBT owned businesses.

Statistics:

  • 37% reduction in methane emissions by SoCalGas through 2021
  • 20% reduction in methane emissions goal by 2025 (exceeded by SoCalGas)
  • 40% reduction in methane emissions goal by 2030 (nearing by SoCalGas)
  • 36% of SoCalGas' over-the-road fleet are alternative fuel vehicles
  • $600 million raised in green bonds for sustainability initiatives
  • $1 billion (43% of all goods and services) purchased from minority, women, service-disabled veteran, and LGBT owned businesses in 2022

Sources:

  • Sempra 2022 Corporate Sustainability Report
  • SoCalGas ASPIRE 2045 Sustainability Strategy
  • Senator Josh Newman (D-Fullerton)
  • Gene Hale, chairman for the Greater Los Angeles African Chamber of Commerce
  • Utility Workers Union of America
  • SyndiGate Media Inc. (Syndigate.info)

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