PSEG Celebrates 18th Consecutive Year on Dow Jones Best-in-Class Index

PSEG's Recognition in Sustainability and Community Service

On May 12, 2026, PSEG (Public Service Enterprise Group), a leader in energy infrastructure, proudly announced it has been included in the prestigious Dow Jones Best-in-Class North America Index for the 18th consecutive year. This recognition emphasizes PSEG's enduring commitment to the communities it serves and highlights its focus on long-term sustainability and environmental performance.

A Commitment to Sustainable Practices

PSEG has made significant strides to ensure its operations align with its values of sustainability and community care. The Dow Jones Index evaluates companies based on various factors, including their environmental performance and commitment to the workforce. According to Rick Thigpen, PSEG's senior vice president for corporate citizenship, this recognition reinforces PSEG's dedication to sustainable practices and its mission to foster a resilient future for everyone.

PSEG’s sustainability efforts are robust and multifaceted. The company has expanded energy efficiency programs that help customers save nearly $960 million annually. Furthermore, its nuclear plants in South Jersey are crucial to New Jersey's energy landscape, providing over 80% of the state's carbon-free energy resources.

In terms of operational transparency, PSEG has successfully reduced its greenhouse gas emissions by 95% from their 2005 levels. This accomplishment comes from investing in modernizing the gas system, improving facility efficiencies, and phasing out older, fossil fuel-based generation methods. Additionally, PSEG initiatives prioritize biodiversity, such as pollinator habitat protection and strategic reforestation programs that ensure ecosystems thrive alongside utility operations.

Supporting the Community

PSEG's efforts extend beyond operational excellence; the company is deeply committed to the communities it serves in New Jersey. Their Community Relief Initiative, supported by the PSEG Foundation, has aided over 25 organizations providing critical services such as energy assistance and housing relief. In 2025 alone, PSEG donated approximately $12.8 million to local charities and contributed an impressive $2.4 billion to New Jersey’s economy through various expenditures.

Moreover, PSEG actively advocates for customer interests at the federal level. Recent updates from the Federal Energy Regulatory Commission (FERC) have reinforced PSEG’s position against unfair cost-shifting in the energy sector, aiming to protect New Jersey customers from rising transmission costs.

Enhancing Workforce Development

The company's commitment to its approximately 13,000 employees reflects its broader community-oriented mission. PSEG takes pride in developing a skilled workforce by creating pathways for career advancement and training in critical roles across the energy sector. Initiatives such as technical school programs and the Clean Energy Jobs Program have placed over 9,300 individuals into clean energy roles since their inception.

Prioritizing workplace safety, PSEG continues to foster a culture that emphasizes a safety-first approach, ensuring every employee returns home uninjured. These endeavors not only support the current workforce but also help cultivate future generations equipped with the necessary skills to thrive and contribute to the energy sector.

Conclusion

PSEG's consistent recognition in the Dow Jones Best-in-Class North America Index serves as a testament to the dedication and hard work of its employees who strive to make positive impacts every day. As PSEG continues to invest in sustainable solutions that benefit customers and strengthen communities, the organization remains focused on creating an energy future that is safe, efficient, and reliable for everyone involved.

About PSEG

PSEG, listed on the NYSE under the ticker PEG, operates New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million gas customers. Additionally, PSEG owns a diverse fleet of carbon-free power generating units in New Jersey and Pennsylvania. With a commitment to powering the future sustainably, PSEG aims to enhance energy efficiency and delivery reliability across its service regions.