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Sustainability Report

 

A Message from Pedro J. Pizarro, President and Chief Executive Officer

Edison International remains at the forefront of the clean energy transition. As climate change continues to challenge our world in unprecedented ways, I’m confident in the strength of our team across Edison International, Southern California Edison and Edison Energy to lead the clean energy transition affordably and effectively.

READ THE FULL LETTER

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2022 At A Glance

Sustainability is at the core of our vision to lead the transformation of the electric power industry toward a clean energy future. Edison International is helping to create a world where homes and businesses, as well as cars, trucks and mass transit, are powered by carbon-free electricity. Our principal subsidiary, Southern California Edison, is a leader in California’s efforts to reduce the greenhouse gas (GHG) emissions that contribute to climate change, while also focusing on the grid investments needed for a more resilient, equitable clean energy economy. Our competitive business, Edison Energy, partners with leading corporate, industrial and institutional clients around the globe to help them deliver on their strategic, financial, energy and sustainability goals.

Climate Change

Edison International is making strides to mitigate against climate change by accelerating the clean energy transition and adoption of efficient electric technologies. We are also focused on adapting our business in the near and long term to the effects of climate change, including climate change-driven wildfires.






Published one of the first climate adaptation vulnerability assessments in the industry at SCE

Delivered 45% carbon-free power in terms of retail sales to SCE customers, GHG intensity 48% cleaner than the national average

Advised on 1,459 MW of renewable power purchase agreements for Edison Energy clients, bringing total to 10.4 GW

Contracted with 1,800 MW energy storage at SCE, bringing total to more than 5,000 MW owned or under contract — one of the largest portfolios in the nation

Diversity, Equity & Inclusion

To transform the electric power industry toward a clean energy future, Edison International is unlocking the power of our people — developing diverse talent and providing them with an equitable, healthy workplace that enables everyone to thrive. Our annual DEI Report shares extensive metrics on our work to advance DEI among our employees, suppliers and communities. SCE has also made its consolidated EEO-1 report publicly available.

$1M, 4-year Edison International Lineworker Scholarship Program graduated its first cohort

Spent $2.4B with diverse suppliers at SCE, representing 35.4% of SCE’s total procurement spend

Developed organizational unit plans across Edison International and SCE to further integrate DEI into the business

Operational Excellence

SCE supported customers, employees, and other stakeholders through its focus on safely providing reliable, affordable and clean power.

Met or exceeded nearly all Wildfire Mitigation Program targets at SCE and reduced probability of loss from catastrophic wildfires linked to SCE equipment by 75%-80% since 2018

Continued multi-year track record of having the lowest system average rate among California’s large investor-owned utilities at SCE

1,000+ MW of demand response program peak load reduction at SCE to help prevent rotating outages during September 2022 heat storm

Progress on Sustainability Goals

Edison International’s sustainability goals reflect long-term commitments we have made related to our material ESG topics, such as:

  • Clean Energy Transition
  • Electrification
  • Diversity, Equity and Inclusion
  • Public Safety
  • Workforce Health and Safety

In 2021, Edison International extended our sustainability goals to include net-zero GHG emissions across Scopes 1, 2, and 3 by 2045.

2022 SUSTAINABILITY GOALS SUMMARY

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