Sempra Energy Garners Top Ranking In Utility Sector In Wall Street Journal's New List Of Best-Managed Companies
SAN DIEGO, Dec. 7, 2017 /PRNewswire/ -- The Wall Street Journal has recognized Sempra Energy (NYSE:SRE) as the top company in the utilities sector in the Journal's first "Management Top 250" ranking, a new report that examines the overall effectiveness of U.S. businesses. Sempra Energy was ranked No. 68 overall, out of the 250 best-managed companies.
The Wall Street Journal said it compiled the report, which was released yesterday, using a holistic methodology from the Drucker Institute focused on five areas integral to effective management: customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. Data from third-party sources was used to score companies on each of the five dimensions.
The Drucker Institute is a think tank based at Claremont Graduate University's Drucker School of Management in California that promotes the ideas and philosophy of late business and management expert, Peter Drucker.
Last month, Sempra Energy also was recognized as a 2017 Top 100 Global Energy Leader by Thomson Reuters, the multinational mass media firm. The first-time study reviewed more than 1,600 energy businesses to recognize those that excel in a complex business environment by balancing financial demands with regulatory, legal, social and environmental needs.
Sempra Energy includes San Diego Gas & Electric, Southern California Gas Co., Sempra South American Utilities, Sempra Mexico, Sempra Renewables and Sempra LNG & Midstream.
Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2016 revenues of more than $10 billion. The Sempra Energy companies' more than 16,000 employees serve approximately 32 million consumers worldwide.
Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same as the California Utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and are not regulated by the California Public Utilities Commission.
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