Report shares PGE's progress in delivering reliable,
affordable, accessible energy services while leading the transition
to a clean energy future.
PORTLAND, Ore., March 6,
2024 /PRNewswire/ -- Portland General Electric
(PGE) released its 2023 Environmental, Social and Governance
Report, the annual report that showcases PGE's progress to support
resilient energy ecosystems, thriving communities and teams and
ethical governance.
PGE is committed to a future in which everyone can thrive. This
year's report outlines the company's ongoing and meaningful
engagement with communities and stakeholders to find equitable
solutions to a clean energy future and investments in the workforce
of the future. It details the variety of ways PGE is fostering
the safety and success of employees, who in turn give back to their
communities.
"We consider the impacts of our decisions in everything we do -
how we manage our business, maintain our parks, restore wildlife
and engage with our customers," said Kristen Sheeran, PGE's Senior Director of
Policy, Planning and Sustainability. "We remain committed to the
needs of our diverse customers and communities as we lead the clean
energy transition in Oregon."
Among the many focus areas the report covers, highlights
include:
- The addition of 475 megawatts of battery storage which,
combined with hydropower, enhances reliability for customers.
- Secured several federal grants to invest in transmission
networks and benefit customer reliability, including $250 million the Confederated Tribes of
Warm Springs and PGE were awarded
to upgrade the Bethel Round Butte transmission line.
- Filed an Inaugural Clean Energy Plan with the Integrated
Resource Plan, setting a comprehensive roadmap of PGE's path to
meeting our 2030 goals.
- The ongoing protection of more than 11,000 acres of
conservation lands.
- Record fish returns, including more than 25,000 adult salmon
and steelhead returning to the North Fork Dam on the Clackamas
River, the third consecutive year of record coho salmon
returns.
- Creation of the Community Benefits and Impacts Advisory Group
to consult on decision making that impacts people in PGE's service
area, including low-income and historically underserved
communities.
- Employees and retirees completed over 23,000 volunteer hours.
Total charitable giving from the Company, employees, retirees and
the PGE Foundation exceeded $4.6
million.
To view the full ESG Report
visit portlandgeneral.com/sustainability. Additional 2023
information can be found in PGE's Proxy and Annual Report.
About Portland General Electric Company:
Portland General Electric (NYSE: POR) is an integrated energy
company that generates, transmits and distributes electricity to
over 930,000 customers serving an area of 1.9 million Oregonians.
For more than 130 years, Portland General Electric (PGE) has
powered social progress, delivering safe, affordable, reliable and
increasingly clean electricity while working to transform energy
systems to meet evolving customer needs. PGE customers have set the
standard for prioritizing clean energy with the No. 1 voluntary
renewable energy program in the country. PGE is committed to
reducing emissions from its retail power supply by 80% by 2030 and
100% by 2040. PGE is recognized by the Bloomberg Gender-Equality
Index for the company's commitment to creating a more equal,
inclusive workplace. In 2023, PGE employees, retirees and the PGE
Foundation donated nearly $4.6
million and volunteered over 23,000 volunteer hours to more
than 400 nonprofit organizations.
For information:
portlandgeneral.com/news.
CONTACT:
PGEcommunications@pgn.com
Source: Portland General Company
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SOURCE Portland General Electric
