Sempra Chairman and Chief Executive Officer Jeffrey Martin recently appeared on CNBC’s "Mad Money" to speak with host Jim Cramer on the success of the company’s secular growth story in a challenging market. At the time of this publication, Sempra leads all companies in the S&P 500 Utility Index in total shareholder return in 2022.
According to a report by the California Energy Commission, California’s power demand could double in the next quarter century, requiring an even stronger, integrated gas and electric energy system.
Recently, the Sempra family of companies came together for our annual Diversity & Inclusion (D&I) Summit. Over 1,900 employees celebrated the value of unique backgrounds and reinforced Sempra’s commitment to continue fostering an environment where everyone feels a sense of belonging.
At Sempra, we believe decarbonization, diversification and digitalization underpin the energy transition and build resiliency. Embracing new technologies across our family of companies helps us operate with excellence and serve more than 36 million consumers.
Recently, Sempra was recognized with the System Applications (SAP) Utility of the Year Award for Sempra’s world-class performance utilizing several SAP technologies.
With a view towards creating a larger platform to capture new opportunities that support the energy transition and invest in the energy systems of the future, Sempra Infrastructure consolidates Sempra LNG and Infraestructura Energética Nova S.A.P.I. de C.V. (IEnova).
Sempra is advancing the energy transition by helping to enable the delivery of lower-carbon energy in the markets it serves, with an increasing focus on climate resilience. The company has been on a path to decarbonize its business operations and the markets it serves with a goal of transitioning to net-zero greenhouse gas (GHG) emissions by 2050.
Find out more about how Sempra and its companies are driving a clean energy future:
Sempra has had a long-standing presence in Texas, and our commitment to the state has only accelerated. As we continue our growth, we are working to meet growing global energy demand while helping to shape a lower-carbon future for all. Today, we celebrate Texas’s energy leadership by investing in our growing team at our Houston Center of Excellence.
Across our family of companies, we are creating resiliency, expanding energy choice and modernizing energy systems to advance a net-zero future. This includes advancing lower-carbon energy options in every market we serve — from California and Texas to Mexico and LNG export markets.
Strengthening local communities remains at the heart of our energy behind Texas. In response to the historic Texas winter storm earlier this year, Sempra immediately responded with grants totaling $250,000 to be used for emergency food and water supplies. Grant recipients included the Houston Food Bank, the Southeast Texas Food Bank and Grace Hub Inc., for the Greater Port Arthur Food Bank.
This is an excerpt from Chairman and CEO Jeff Martin’s comprehensive letter to shareholders.
Dear fellow shareholders:
