Media assets here
LOS
ANGELES, Oct. 10, 2024 /PRNewswire/
-- Southern California Gas Co. (SoCalGas) CEO Scott Drury was honored Wednesday with the Shift
Diverse Business Solutions (Shift DBS) Transformative Leader Award
at their annual Investor-owned Utility Supplier Summit. The event
celebrates suppliers in the utility space, bringing together the
California Public Utilities Commission (CPUC), prime suppliers,
subcontractors, diverse businesses and some of California's utility leaders including San
Diego Gas and Electric (SDG&E), Pacific Gas and Electric
(PG&E), Southern California Edison (SCE), AT&T and
SoCalGas.
"We are honored to present Scott
Drury with the Shift DBS Transformative Leader Award for his
exceptional leadership in sustainability, safety and supplier
diversity," said Sherry Shafiei, CEO
at Shift DBS. "His dedication to creating opportunities for
suppliers of all sizes and backgrounds has helped reshape the way
the industry approaches supplier diversity. Known for being a
humble and people-centered leader, Scott has made a lasting impact
on his organization and the broader community. His influence
extends to suppliers, communities, and industries across the board.
This is why Shift DBS is proud to recognize Scott, as his visionary
leadership continues to inspire the entire industry."
Shift DBS partners with diverse and non-diverse suppliers to
offer tailored development programs, strategic guidance and
collaborative opportunities to work with major corporations.
In 2023, SoCalGas exceeded the CPUC's diverse spending goal* for
the 31st consecutive year, purchasing 44% of all goods
and services from diverse businesses. SoCalGas has spent almost
$6 billion over the past seven years
with diverse business enterprises owned by minority, women,
disabled veteran, persons with disabilities and/or LGBT-owned
businesses.
"Scott Drury's leadership at
SoCalGas is transformative," said California State Sen.
Steven Bradford (D-Gardena). "As a strong supporter of diversity,
I commend his dedication to sustainability, safety, and supplier
diversity, which strengthens our local economies and sets a high
standard for the utility sector. Congratulations to Scott on
receiving the Transformative Leader Award. His work continues to
positively shape California's
energy future."
Under Drury's leadership, SoCalGas' ASPIRE
2045 sustainability strategy includes the goal of
achieving 45% spending with diverse business enterprises by 2025.
In addition, ASPIRE 2045 sets forth SoCalGas' goal to achieve net
zero greenhouse gas emissions in the company's operations and
delivery of energy by 2045, as well as establishes goals related to
safety, diversity, equity and inclusion (DE&I) in the
workplace, and investment in underserved communities.
"Supplier diversity can drive innovation, benefit local
economies, strengthen the supply chain, and help accelerate
California's clean energy
transition," Drury said. "SoCalGas' achievements in supplier
diversity and cleaner energy innovations are driven by our
determination to deliver energy for our customers that is reliable,
affordable and increasingly sustainable. As we pursue our mission
to build the cleanest, safest, and most innovative energy
infrastructure company in America, we are proud that our supplier
network reflects California's
diversity."
The DOE's Office of Energy Justice and Equity recognized
SoCalGas's successful Supplier Diversity Program and selected
SoCalGas to host its Minority Business Enterprise (MBE) Connect
Summit in April at SoCalGas' Energy Resource Center in Downey, Calif. The summit connected MBEs with
the DOE, more than 40 state and federal agencies and prime
government contractors involved in the allocation of $400 billion in federal contract opportunities.
Eight hundred representatives of diverse businesses from 33 states
attended, more than 1,600 unique business matchmaking sessions took
place and attendees engaged with financial institutions, private
sector companies and nonprofits for learning and business
opportunities.
This week, in Riverside,
Calif., the CPUC held a Small and Diverse Business Expo
and the 22nd annual GO 156 Supplier Diversity En Banc, a
public forum to hear representatives from California's investor-owned utilities discuss
supplier diversity programs and contracting opportunities. Drury
participated in an energy panel discussion, "Driving Utility
Performance Through Technology and Innovative Strategies,"
moderated by CPUC Commissioner John
Reynolds.
To learn more about SoCalGas' supplier diversity programs, visit
https://www.socalgas.com/doing-business-with-us/supplier-diversity.
*California Public Utilities Commission Supplier Diversity
Program, see General Order 156
About SoCalGas
SoCalGas is the largest gas distribution utility in the United States, serving approximately 21
million consumers across approximately 24,000 square miles of
Central and Southern California.
SoCalGas' mission is to build the cleanest, safest, and most
innovative energy infrastructure company in America. SoCalGas aims
to deliver affordable, reliable, and increasingly renewable gas
service through its pipelines to help advance California's clean energy transition by
supporting energy system reliability and resiliency and enabling
the integration of renewable resources. SoCalGas is a recognized
leader in its industry and community, as demonstrated by being
named one of Reuters' Top 100 Innovators Leading the Global Energy
Transition and Corporate Member of the Year by the Los Angeles Chamber of Commerce. SoCalGas is a
subsidiary of Sempra (NYSE: SRE), a leading North American energy
infrastructure company. For more information, visit
newsroom.SoCalGas.com or connect with SoCalGas on social media
@SoCalGas.
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are based on assumptions about the
future, involve risks and uncertainties, and are not guarantees.
Future results may differ materially from those expressed or
implied in any forward-looking statement. These forward-looking
statements represent our estimates and assumptions only as of the
date of this press release. We assume no obligation to update or
revise any forward-looking statement as a result of new
information, future events or otherwise.
In this press release, forward-looking statements can be
identified by words such as "believe," "expect," "intend,"
"anticipate," "contemplate," "plan," "estimate," "project,"
"forecast," "envision," "should," "could," "would," "will,"
"confident," "may," "can," "potential," "possible," "proposed," "in
process," "construct," "develop," "opportunity," "preliminary,"
"initiative," "target," "outlook," "optimistic," "poised,"
"positioned," "maintain," "continue," "progress," "advance,"
"goal," "aim," "commit," or similar expressions, or when we discuss
our guidance, priorities, strategy, goals, vision, mission,
opportunities, projections, intentions or
expectations.
Factors, among others, that could cause actual results and
events to differ materially from those expressed or implied in any
forward-looking statement include: decisions, investigations,
inquiries, regulations, denials or revocations of permits,
consents, approvals or other authorizations, renewals of
franchises, and other actions, including the failure to honor
contracts and commitments, by the (i) California Public Utilities
Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue
Service and other regulatory bodies and (ii) U.S. and states,
counties, cities and other jurisdictions therein where we do
business; the success of business development efforts and
construction projects, including risks related to (i) completing
construction projects or other transactions on schedule and budget,
(ii) realizing anticipated benefits from any of these efforts if
completed, (iii) obtaining third-party consents and approvals and
(iv) third parties honoring their contracts and commitments;
macroeconomic trends or other factors that could change our capital
expenditure plans and their potential impact on rate base or other
growth; litigation, arbitration and other proceedings, and changes
(i) to laws and regulations, including those related to tax and
trade policy and (ii) due to the results of elections;
cybersecurity threats, including by state and state-sponsored
actors, of ransomware or other attacks on our systems or the
systems of third parties with which we conduct business, including
the energy grid or other energy infrastructure; the availability,
uses, sufficiency, and cost of capital resources and our ability to
borrow money on favorable terms and meet our obligations, including
due to (i) actions by credit rating agencies to downgrade our
credit ratings or place those ratings on negative outlook, (ii)
instability in the capital markets, or (iii) rising interest rates
and inflation; the impact on affordability of our customer rates
and our cost of capital and on our ability to pass through higher
costs to customers due to (i) volatility in inflation, interest
rates and commodity prices and (ii) the cost of meeting the demand
for lower carbon and reliable energy in California; the impact of climate policies,
laws, rules, regulations, trends and required disclosures,
including actions to reduce or eliminate reliance on natural gas,
increased uncertainty in the political or regulatory environment
for California natural gas
distribution companies, the risk of nonrecovery for stranded
assets, and uncertainty related to emerging technologies; weather,
natural disasters, pandemics, accidents, equipment failures,
explosions, terrorism, information system outages or other events,
such as work stoppages, that disrupt our operations, damage our
facilities or systems, cause the release of harmful materials or
fires or subject us to liability for damages, fines and penalties,
some of which may not be recoverable through regulatory mechanisms
or insurance or may impact our ability to obtain satisfactory
levels of affordable insurance; the availability of natural gas and
natural gas storage capacity, including disruptions caused by
failures in the pipeline system or limitations on the withdrawal of
natural gas from storage facilities; and other uncertainties, some
of which are difficult to predict and beyond our
control.
These risks and uncertainties are further discussed in the
reports that the company has filed with the U.S. Securities and
Exchange Commission (SEC). These reports are available through the
EDGAR system free-of-charge on the SEC's website, www.sec.gov, and
on Sempra's website, www.sempra.com. Investors should not rely
unduly on any forward-looking statements.
Sempra Infrastructure, Sempra Infrastructure Partners, Sempra
Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC
(Oncor) and Infraestructura Energética Nova, S.A.P.I. de
C.V. (IEnova) are not the same companies as
the California utilities, San Diego Gas & Electric Company or
Southern California Gas Company, and Sempra Infrastructure, Sempra
Infrastructure Partners, Sempra Texas, Sempra Texas Utilities,
Oncor and IEnova are not regulated by the CPUC.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/socalgas-ceo-scott-drury-receives-transformative-leader-award-302272417.html
SOURCE Southern California Gas Company