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  1. 1. <ul><li>Corporate Social Responsibility Report </li></ul>
  2. 2. Background <ul><li>PG&E services more than 15 million people living in northern and central California </li></ul><ul><li>Thinking towards the future with “Smart Meters” </li></ul>
  3. 3. Corporate Governance
  4. 4. Corporate Governance <ul><li>The governance of companies is more important for world economic growth than the governance of countries </li></ul><ul><li>80% of institutional investors would pay a premium for well-governed companies </li></ul><ul><ul><ul><li>Global Investor Opinion Survey, 2003 </li></ul></ul></ul>
  5. 5. <ul><li>Employees </li></ul>
  6. 6. Employees <ul><li>Enhancing Safety and Health Programs </li></ul><ul><ul><li>Keep employees in the loop </li></ul></ul><ul><ul><li>Working safely </li></ul></ul><ul><ul><ul><li>Lost Work Days Initiative </li></ul></ul></ul><ul><ul><ul><li>“ Near Miss” Program </li></ul></ul></ul>
  7. 7. Employees <ul><li>Diversity is fostered through HR policies and practices </li></ul><ul><ul><li>One of 30 best companies to work for </li></ul></ul><ul><ul><li>Top employers for minorities </li></ul></ul><ul><ul><ul><li>Fortune Magazine </li></ul></ul></ul><ul><ul><li>Best places to work for GLBT </li></ul></ul><ul><ul><ul><li>Human Rights Campaign </li></ul></ul></ul>
  8. 8. Community
  9. 9. Community <ul><ul><ul><li>By building relationships, trust and a mutual understanding in the community is created , which will deliver returns for both the business and community. </li></ul></ul></ul>
  10. 10. Community <ul><li>TAKE THE EASY WAY OUT? </li></ul><ul><li>Cheaper to carry through with operations. But having communication procedures makes for a more receptive community </li></ul><ul><li>Battling community will take time, money and energy </li></ul><ul><ul><li>Success of Bob Harris - VP of Environmental, Health, Safety and Technical Services for PG&E </li></ul></ul>
  11. 11. Community <ul><li>Philanthropy </li></ul><ul><li>Increased shareholder-funded charitable contributions from 7.6 million to 11.9 million </li></ul><ul><li>Volunteering </li></ul><ul><ul><li>Employees that do good for their community are spotlighted in monthly newsletter . </li></ul></ul>
  12. 12. Environment
  13. 13. Environment <ul><li>Lowering emissions </li></ul><ul><ul><li>Achieved by replacement of old cast iron and steel gas mains </li></ul></ul><ul><li>Minimizing Impact </li></ul><ul><ul><li>Waste minimization </li></ul></ul><ul><ul><li>Reduce water usage </li></ul></ul><ul><ul><li>Reduce energy usage </li></ul></ul>
  14. 14. Conclusion <ul><li>Corporate Governance </li></ul><ul><li>Employees </li></ul><ul><li>Community </li></ul><ul><li>Environment </li></ul>