Sempra Recognized as Trendsetter for Political Disclosure and Accountability
SAN DIEGO, Nov. 15, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been recognized as a Trendsetter for the eighth consecutive year for its civic transparency by the Center for Political Accountability's annual CPA-Zicklin Index of Corporate Political Disclosure and Accountability.
The CPA-Zicklin Index, which is produced in conjunction with the Zicklin Center for Business Ethics Research at the University of Pennsylvania's Wharton School, measures political disclosure and accountability policies and practices for election-related spending by S&P 500 and Russell 1000 companies, including political spending policies and board oversight. As a "Trendsetter" in the Index, Sempra scored in the 90th percentile or higher, well above the 58.3% percent average Index score for all S&P 500 companies in 2023.
"Attaining a Trendsetter recognition in the Index underscores Sempra's focus on transparency, responsibility, and rigorous standards of corporate citizenship," said Lisa Larroque Alexander, senior vice president of corporate affairs and chief sustainability officer at Sempra. "We believe that in today's dynamic political landscape, it is not only our privilege but our responsibility to provide shareholders and other stakeholders alike with clarity and accountability regarding our political engagement. We aim to be a leader in this index and set a high bar for corporate political responsibility and exemplary governance."
Highlights for Sempra's recognition this year include the following:
"Sempra remains a strong example of how companies should disclose their political practices to manage and mitigate risks for the company and its consumers, but also increase shareholder value," said CPA President Bruce Freed. "We thank Sempra for its commitment to political disclosure and making it a part of its daily activities."
In addition to being recognized in this year's CPA-Zicklin Index, Sempra has been named to the FTSE4Good Index Series, DiversityInc's Top Utilities list and Forbes' America's Best Employers for Diversity list, among others.
For further information: Media Contact: Katie Nieri, Sempra, (877) 340-8875, firstname.lastname@example.org; Financial Contact: Jenell McKay, Sempra, (877) 736-7727, email@example.com