Sustainability commitments and reporting

PSE is committed to doing what is right by striving to continuously improve our business in the three pillar areas of sustainability: environmental, social and governance (ESG). We report our sustainability plans and performance under several industry-standard frameworks.

Our annual Environmental, Social and Governance report provides an overview of our efforts in these areas, and provides links to additional information available through our website and other public resources. Our Pathway to Beyond Net Zero Carbon by 2045 document lays out our plans to help drive Washington state’s transition to clean energy.

To help achieve our aspirational goals with energy equity in mind, our Clean Energy Implementation Plan (CEIP) is a four-year roadmap that will guide PSE’s clean energy investments for the years 2022-2025. We’re also conducting research into new technologies involving lower-carbon fuels such as Renewable Natural Gas (RNG) and hydrogen.

The Sustainability Accounting Standards Board (SASB) provides guidance to electric and natural gas utilities in disclosing sustainability-related information, forming the basis for our SASB Index. Our TCFD report was prepared in alignment with the Task Force for Climate-Related Financial Disclosures recommendations, and documents both transitional and physical risks and opportunities associated with climate change. Together, our ESG and TCFD reports and SASB Index provide a roadmap to understanding our sustainability efforts across the company.

PSE has long participated in the Edison Electric Institute’s and the American Gas Association’s efforts to increase industry transparency by publishing metrics outlined in the EEI and AGA voluntary sustainability reporting templates.

Lastly, we annually report our greenhouse gas (GHG) emissions. Trends in GHG emissions and our progress toward Beyond Net Zero Carbon are discussed in our ESG Report.