Dba Sempra · NYSE:SRE
Dba Sempra — Sempra Energy — ESG Presentation (April 2021)
18 slides from Dba Sempra's sustainability presentation, Apr 13, 2021
Slide 1: Shareholder Outreach Spring 2021
Shareholder Outreach Spring 2021 Sempra Energy The following information supplements the proxy statement of Sempra Energy filed with the Securities and Exchange Commission on March 26, 2021, and should be read together with such proxy statement.
Slide 2: Forward-looking statements
This presentation contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future
Slide 3: Executive Summary
Continuing to advance our mission to be North America’s premier energy infrastructure company Rigorous Board oversight helps align our sustainability and business priorities The Board’s Corporate Governance Committee reviews Sempra Energy’s public policy priorities and lobbying positions on an annua
Slide 4: Amounts represent expenditures for Property, Plant & Equipment (PP&E) and investments. Represents our proportionate
Amounts represent expenditures for Property, Plant & Equipment (PP&E) and investments. Represents our proportionate ownership share and includes amounts funded by unconsolidated entities, including Oncor, Sharyland and our unconsolidated joint ventures. See Appendix for reconciliation of this financ
Slide 5: 2020 ESG Achievements
Environmental, social, and governance (ESG). San Diego has highest solar photovoltaic installed per capita in the mainland United States. Source: Environment America Research & Policy Center. Includes electric and plug-in hybrid vehicles. Related to core customer deliveries. Total spending with dive
Slide 6: Climate-centered business strategy
Decarbonization Working to reduce the carbon content of the energy we deliver to customers Diversification Bringing new lower- and zero-carbon fuel choices to the markets where we operate Digitalization Improving operational efficiency, safety and service to benefit network operators and consumers C
Slide 7: Driving Toward Net-Zero: SDG&E
Vehicle Electrification Grid Innovation Managing Natural Gas Systems Expanding Clean Technology Distributed Energy Resources Driving Toward Net-Zero | SDG&E KEY GOALS ALONG SDG&E’S PATH TO NET-ZERO By 2022 we aim to: Place two green hydrogen projects into service to offer long duration energy storag
Slide 8: Driving Toward Net-Zero: SoCalGas
Natural Gas GHG Emissions Reductions Renewable Natural Gas Distributed Energy Hydrogen Liquefied Natural Gas Carbon Capture Utilization Driving Toward Net-Zero | SOCALGAS Largest gas distribution utility in North America to set a net- zero target including scopes 1, 2, and 3 GHG emissions KEY GOALS
Slide 9: Proposal elements and Sempra's rigorous practices
PROPOSAL ELEMENTS SEMPRA’S RIGOROUS PRACTICES AND ROBUST DISCLOSURES Proponents request the Board evaluate and issue a report on the Company’s lobbying activities We make robust, externally recognized lobbying disclosures available in a report on our public website, CDP report and annual sustainabil
Slide 10: Responsible lobbying and Political Engagement
Responsible lobbying and Political Engagement WE PROVIDE TRANSPARENT, EXTENSIVE LOBBYING DISCLOSURES We are committed to transparency around our policies and positions relating to the environment and energy and how our direct and indirect lobbying activities align with these priorities We make robus
Slide 11: Responsible lobbying and Political Engagement
Responsible lobbying and Political Engagement WE ARE COMMITTED TO SUSTAINABILITY AND ADDRESSING CLIMATE CHANGE We share the concerns of governments, investors and the public about climate change risks and the importance of the transition to net-zero energy systems We are focused on reducing the GHG
Slide 12: Responsible Governance
Responsible Governance Sempra’s resilient operations and sustainable value creation starts with responsible governance Diverse, independent, and highly-skilled Board The Board’s Safety, Sustainability and Technology Committee assists the Board in its oversight of issues that impact the Company’s lon
Slide 13: Diverse and Experienced Board Nominees
ü Energy Industry Company ü Environmental, Health and Safety ü Accounting and Finance ü Government, Regulatory and Public Policy ü Risk Management ü Infrastructure Development ü Corporate Governance ü Business / Markets ü Cybersecurity ü Strategic Planning ü Technology ü Diversity, Equity and Inclus
Slide 14: Executive Summary
Continuing to advance our mission to be North America’s premier energy infrastructure company Rigorous Board oversight helps align our sustainability and business priorities The Board’s Corporate Governance Committee reviews Sempra Energy’s public policy priorities and lobbying positions on an annua
Slide 15: Appendix: Non-GAAP Financial Measures and Other Reconciliations
Appendix Non-GAAP Financial Measures and Other Reconciliations
Slide 16: Sempra Energy Adjusted Earnings and Adjusted EPS
Sempra Energy Adjusted Earnings and Adjusted EPS exclude items (after the effects of income taxes and, if applicable, noncontrolling interests) in 2020 and 2019 as follows: In the year ended December 31, 2020: $(233)M from impacts associated with Aliso Canyon natural gas storage facility litigation
Slide 17: Adjusted Earnings and Adjusted EPS (unaudited)
ADJUSTED EARNINGS AND ADJUSTED eps (unaudited)
Slide 18: 2020 Capital Deployed (unaudited)
2020 capital Deployed (unaudited) A B Includes Sempra’s acquisition of 1% interest in TTHC from Hunt in 2020. Amounts are net of capital contributions from Sempra. Includes $146 of capex funded by Sempra LNG’s unconsolidated JV (Cameron LNG JV) and $82 funded by Sempra Mexico’s unconsolidated JVs.