Sustainability at Edison International

At Edison, we work every day to advance a clean energy future to better serve our customers, communities and the environment. Sustainability is integral to our vision to lead the transformation of the electric power industry. We are committed to doing our work with the long-term view in mind and to delivering value to all our stakeholders.


Reporting

We seek to provide all stakeholders with the information they need to understand and make decisions about our company.

We publish an annual sustainability report prepared in accordance with the Global Reporting Initiative (GRI) Standards core option. We include metrics and disclosures related to other third-party frameworks, including the Sustainability Accounting Standards Board, the Task Force on Climate-Related Financial Disclosures and the United Nations Sustainable Development Goals.

We publish additional reports throughout the year related to diversity, equity and inclusion; community investment; and supplier diversity and its economic impact. We also provide data annually through the Edison Electric Institute’s ESG/sustainability reporting template for investors and the carbon emissions and electricity mix reporting template for customers.

Sustainability Report

We believe in transparency. Our annual sustainability report reflects the work we are doing to lead the transformation of our industry toward a clean energy future and provide value to all our stakeholders. It details our sustainability approach, performance and related metrics.

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Edison International 2020 Sustainability Report cover

Diversity, Equity and Inclusion Report

We believe that the ability to lead the transformation of the electric power industry toward a clean energy future relies on the diversity of our team and a society that enables all people to thrive. We share the progress, challenges and steps we’re taking to build an even more inclusive workplace.

SCE diversity data based on EEO-1 categories

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Edison International 2020 Diversity, Equity and Inclusion Report cover

Community Impact Report

We consider it our responsibility to make a positive impact in the communities where we live and work. This idea is core to our sustainability efforts and extends beyond our business operations. We are inspired to create a lasting impact that empowers growth and moves people and communities forward.

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Supplier Diversity Annual Report

Our partnerships with diverse businesses have played a key role in safely delivering reliable, affordable and clean power to our customers and communities. We know our commitment to diversity, equity and inclusion in our supplier base makes communities healthier and stronger.

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SCE 2020 Supplier Diversity Annual Report cover

Supplier Diversity Economic Impact Report

Our ability to realize a clean energy future is closely tied to our partnerships with diverse suppliers and businesses. We believe our programs and spending with diverse businesses can have a profound impact on fostering a resilient and thriving economy.

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SCE 2020 Supplier Diversity Economic Impact Report cover

EEI ESG Initiative

Edison International is pleased to participate in Edison Electric Institute’s (EEI) ESG Initiative. We are among EEI member companies voluntarily disclosing ESG information through a reporting template that EEI developed in collaboration with investors and member companies. We share the goals of EEI’s ESG Initiative to provide investors and other stakeholders with relevant and easily accessible ESG data.


Sustainable Financing Framework

Our Sustainable Financing Framework has been developed to demonstrate how we intend to enter into financing transactions to support our sustainability-oriented strategy and vision. The framework outlines the company’s commitment to sustainability and our intention to more directly align our capital-raising activities with sustainability principles. The framework considers the full spectrum of sustainable financing products and covers financing issuances for Edison International (and its subsidiaries and/or affiliates). We are planning to use these tools as another part of our effort to keep costs affordable for customers while achieving our sustainability goals.

Sustainable Financing Framework

Second-Party Opinion from Vigeo Eiris


Environmental, Social & Governance (ESG) Materiality Assessment

We published our first materiality assessment in 2018. In 2021, we updated the assessment to reflect the evolution of our sustainability approach, as well as new insights related to stakeholder expectations and key and emerging trends.

Our Material ESG Topics


Net-Zero Commitment and Sustainability Goals

Edison International is committed to achieving net-zero GHG emissions across Scopes 1, 2 and 3 by 2045, in alignment with economywide climate actions planned by the State of California. This covers the power SCE delivers to customers and Edison International’s enterprise-wide operations, including supply chain.

In addition to this overarching commitment, the company has made additional long-term, public commitments related to five of our material ESG topics: Clean Energy Transition; Electrification; Diversity, Equity and Inclusion; Public Safety; and Workforce Health and Safety. They reflect the areas where we think we can have the biggest impact.

Deliver 100% carbon-free energy to SCE customers by 2045

Increase electric vehicle charging infrastructure across SCE's service territory and electrification of SCE's transportation fleet

Achieve gender parity in senior operating roles by 2030

Achieve public and worker safety goals at SCE


Policy Recommendations

Edison International and its subsidiaries are committed to advancing affordable approaches to achieving economywide net-zero goals through clean energy and electrification. In 2021, Edison International published “Mind the Gap: Policies for California’s Countdown to 2030,” our analysis of the policy changes and additions needed to ensure that California meets its 2030 greenhouse gas reduction goal — a reduction vital for the state to ultimately achieve its goal to decarbonize its economy by 2045.

Mind the Gap: Policies for California's Countdown to 2030

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Sustainability at Southern California Edison (SCE)

Our principal subsidiary, SCE, is one of the largest electric utilities in the United States and has been recognized for national leadership in clean energy and electrification, including solar energy, energy storage, and investment in infrastructure to support electric vehicle charging. Since 2017, SCE has published three papers outlining the cross-sector collaboration essential to achieving California’s climate goals, including net zero by 2045.

Pathway 2045: A blueprint for reaching California’s ambitious greenhouse gas emissions reduction and carbon neutrality goals

Reimagining the Grid white paper

The Clean Power and Electrification Pathway


Sustainability at Edison Energy

Our unregulated subsidiary, Edison Energy, is a global energy advisory company delivering comprehensive, data-driven energy solutions to commercial, institutional and industrial users to meet their cost, sustainability and risk goals.

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