PSEG’s mission is focused on providing affordable and clean energy to its customers while reducing the impact on the environment. The company has made significant investments to ensure that its energy infrastructure is modern and efficient. PSEG’s transmission and distribution systems are among the most advanced in the country, with a particular focus on smart grid technology.
One of the pillars of PSEG’s corporate philosophy is sustainability. The company is committed to reducing its greenhouse gas emissions, increasing the use of renewable energy sources, and promoting energy efficiency. In 2020, PSEG released its Climate Report, which outlines the company’s strategy to achieve net-zero emissions by 2050. The report includes a roadmap with specific goals and targets related to emissions reduction, renewable energy, and sustainable operations.
PSEG is also actively involved in the communities it serves. The company has a long history of supporting education, health, and social services organizations. PSEG’s corporate giving program focuses on supporting organizations that promote the advancement of science, technology, engineering, and math (STEM) education, environmental stewardship, and social justice. The company also partners with local organizations to provide assistance to low-income families and seniors who may struggle to pay their energy bills.
In addition to its commitment to sustainability and corporate giving, PSEG is a leader in innovation. The company’s research and development efforts focus on creating new technologies and solutions that improve energy efficiency, reduce emissions, and enhance the reliability of the power grid. PSEG’s Energy Efficiency and Innovative Technology program provides financial incentives to customers who invest in energy-efficient equipment and technologies, such as smart thermostats and solar panels.
PSEG’s commitment to innovation extends to its workforce. The company is dedicated to creating a diverse and inclusive workplace that fosters creativity and collaboration. In 2020, PSEG was recognized as one of the Top 50 Employers for Equal Opportunity by Equal Opportunity Magazine for the third consecutive year. The company’s workforce includes employees from diverse backgrounds, including women, minorities, veterans, and people with disabilities.
PSEG has also been recognized for its outstanding corporate citizenship. In 2020, the company was named one of the World’s Most Ethical Companies by Ethisphere for the 12th consecutive year. The award recognizes companies that uphold high ethical standards in their business practices and prioritize the well-being of their stakeholders.
In conclusion, PSEG is a leader in the energy industry, committed to providing safe, reliable, and affordable energy to its customers while reducing the impact on the environment. The company’s focus on sustainability, corporate giving, innovation, and diversity has earned it a reputation as a responsible corporate citizen, recognized for its commitment to ethical business practices and the well-being of its stakeholders. PSEG’s dedication to creating a better future for its customers and the communities it serves is commendable, and its efforts continue to set an example for others in the industry to follow.