Sempra Ranked Top Utility on Wall Street Journal's Best-Managed Companies for 2022
The Wall Street Journal's Management Top 250 list for 2022 ranks Sempra as the best utility company. The Management Top 250 is one of the most prestigious ways to measure a business's performance. This is the fourth time the company has been named to the Management Top 250 and the second consecutive year it has been ranked highest among industry peers in its category.
Sempra's chairman and CEO, Jeffrey W. Martin, said, "This honour is a result of the work of our 20,000 employees, who are all working together to build the best energy infrastructure company in North America. We expect to take advantage of new opportunities and keep giving our shareholders and other stakeholders long-term value by continuing to invest in a high-performing culture and sustainable business practices."
The Wall Street Journal's rankings were put together with help from the Drucker Institute, a think tank based at the Drucker School of Management at Claremont Graduate University. The Management Top 250 is based on their mathematical model, which is made up of 34 different metrics. This year, more than 900 companies were graded in five categories: customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength.
Sempra's three growth platforms—Sempra California, Sempra Texas, and Sempra Infrastructure—are strategically positioned to serve the growing needs of consumers in key markets in North America and around the world while staying at the forefront of innovation and integrating cleaner forms of energy. The company's value proposition comes to life through its commitment to sustainable business practices across the Sempra family of companies. With an unwavering focus on safety, resilience, energy security, and climate security, the Sempra family of companies is working to deliver lower and zero-carbon energy and provide sustainable, long-term value for the company's shareholders and other stakeholders.
Earlier this year, the company released its 14th Corporate Sustainability Report, sharing progress on goals in four key areas: enabling the energy transition, driving resilient operations, achieving world-class safety, and championing people.