PSEG Named to Dow Jones Sustainability Index for 16th Consecutive Year

(NEWARK, N.J. – Dec. 21, 2023) Public Service Enterprise Group (PSEG) has been named to the Dow Jones Sustainability Index (DJSI) for the 16th consecutive year. The list recognizes companies that operate according to sustainable and ethical practices, particularly in areas related to environmental stewardship, operations and oversight as well as workforce and community support.

The DJSI recognizes forward-thinking companies based on an appraisal of the company’s strategy, management and performance in dealing with opportunities and risks based on a comprehensive review of environmental performance, innovation management, corporate governance, risk management, stakeholder engagement and talent attraction and retention. The DJSI 2023 announcement is available online.

PSEG’s ongoing environmental efforts include: 

  • Our vision for net-zero carbon emissions (Scopes 1 and 2) by 2030.
  • Promoting and enhancing biodiversity through natural resource conservation, including that PSEG Nuclear has restored, enhanced and preserved more than 20,000 acres of marshland.

 

PSEG strives to support communities by advancing initiatives including: 

  • Achieving our goal to spend 30% with diverse suppliers two years ahead of schedule.
  • The Clean Energy Jobs Program which has so far hired over 2,400 individuals from low-to-moderate income communities for jobs in the clean energy sector.

 

Additionally, PSEG believes that strong corporate governance practices serve the long-term interests of all stakeholders enhance the public trust PSEG has earned during our 120-year history.  The Governance, Nominating and Sustainability Committee of the PSEG Board of Directors has the charter responsibility for overseeing sustainability and climate strategy. The full PSEG Board of Directors plays a proactive role in understanding how each business area incorporates ESG and corporate citizenship into the company’s strategy.

For more information on PSEG’s efforts, see our 2023 Sustainability Report and our 2022-2023 DEI Report

###

About PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever. PSEG's commitment to ESG and sustainability is demonstrated in our net-zero 2030 climate vision and participation in the U.N. Race to Zero, as well as our inclusion on the Dow Jones Sustainability North America Index and the list of America's most JUST Companies. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).