Message from the Chief Sustainability Officer

To Our Stakeholders:

At PG&E, we recognize the urgency to create a clean and resilient energy future for all.

Every day, we’re working to add more safe and affordable clean energy with a spirit of innovation as we build the energy system of the future.

To bridge the gap between today and California’s electrified and decarbonized future, we know it’ll take a new level of collaboration. That’s why, last year, we held our inaugural Innovation Summit―attracting thousands of innovators―and are advancing targeted solutions to achieve our shared climate goals.

Now, more than ever, we’re focused on building an energy system that can withstand future climate impacts. An important step is understanding those potential impacts, so we can take action. Our Climate Adaptation Vulnerability Assessment lays this foundation by detailing physical climate risks over the next 10 to 60 years and identifying potential adaptation options to build resilience.

As we modernize our energy system, we’re centering on equity like never before and pursuing new ways to engage with disadvantaged and vulnerable communities.

This includes a new residential electrification equity program designed to address electrification costs while delivering a positive customer experience. It also means staying laser-focused on delivering a clean, climate-resilient energy system at the lowest price for our customers, especially those who are facing disproportionate challenges.

We’re excited about the progress we’re making and welcome your feedback and partnership in co-creating a more sustainable future together.

Sincerely,

Carla Peterman

Executive Vice President, Corporate Affairs and Chief Sustainability Officer

PG&E Corporation