Portland General Electric

121 Southwest Salmon Street, Portland, OR 97204

Portland General Electric (NYSE: POR) is a fully integrated energy company based in Portland, Oregon. The company serves approximately 900,000 customers with a service area population of 2 million Oregonians in 51 cities. PGE owns 16 generation plants across Oregon and other Northwestern states and maintains and operates 14 public parks and recreation areas. For more than 130 years, PGE has powered the advancement of society, delivering safe, affordable, and reliable energy to Oregonians. PGE and its approximately 3,000 employees are working with customers to build a clean energy future. Together with its customers, PGE has the No. 1 voluntary renewable energy program in the U.S. PGE is committed to achieving at least an 80% reduction in greenhouse gas emissions from power served to customers by 2030 and 100% reduction by 2040. In 2021, PGE became the first U.S. utility to join The Climate Pledge. For the ninth year in a row PGE achieved a perfect score on the 2021 Human Rights Campaign Foundation’s Corporate Equality Index, a national benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality. In 2021, PGE, employees, retirees, and the PGE Foundation donated $4.8 million and volunteered 15,760 hours with more than 300 nonprofits across Oregon.

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3.7

Overall Excellence Rating

Industry

Utilities

Category

Energy & Utilities

ESG/Ethical Impact

For more than 130 years, we’ve been powering people’s lives. We serve over 900,000 customers with a service area population of 1.9 million Oregonians in 51 cities. Our 2,800 employees are deeply committed to serving our customers and communities. As Oregon’s largest electricity provider, we recognize our significant responsibility to address the challenges of climate change head on. Our 2022 ESG Report shares our progress in leading the clean energy transition across our service territory, while balancing access, affordability and the reliability of energy services. It also reflects our efforts to advance social equity, create lasting value for our communities, restore and protect the ecosystems under our management, and safeguard the health and safety of our workforce. The following are some of our key achievements throughout the year: • We brought the first-of-its scale combined wind, solar, and storage facility at Wheatridge fully online, and announced plans for the new Clearwater 311 MW wind energy facility to serve customers by close of 2023. Combined, these two facilities power hundreds of thousands of homes. • We reported further reductions the emissions intensity of our resource portfolio as we advance toward our goal of serving customers with 100% clean electricity and achieving net zero GHG emissions company-wide by 2040. • We entered a new phase of our sustainable finance strategy by closing on our sustainability-linked revolving credit facility, executing a $499 million equity forward sale agreement and issuing $460 million in debt, of which $100 million was funded in 2023 to finance eligible green investments under our new Green Financing Framework.

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Awards Received

2023

Revenues

$2,600,000,000.00

Website Traffic

Employee Rating

3.7

Customer Rating

3.6

Company Size

1000-5000

ESG Risk Rating

2

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