C2ES Welcomes Edison International to Business Environmental Leadership Council
WASHINGTON — The Center for Climate and Energy Solutions (C2ES) welcomes Edison International to its Business Environmental Leadership Council, adding the California-based, investor-owned utility holding company to its roster of more than 30 companies committed to constructive solutions for the world’s climate and energy challenges. Edison International is the parent company of Southern California Edison, which delivers power to approximately 15 million people across a 50,000-square-mile area in Southern, Central, and Coastal California, and of Edison Energy, an advisory company that helps large energy users around the world source, evaluate, and execute renewable energy power purchase agreements.
“Edison International’s addition to our business council brings a national leader focused on the transformation of the electric power industry,” said C2ES President Bob Perciasepe. “We look forward to working with Edison’s leaders as the company continues to help create a future powered by 100 percent carbon-free electricity.”
According to its 2019 Sustainability Report, Southern California Edison has cut the emissions from delivered electricity nearly in half since 2005, delivering an estimated 48 percent carbon-free electricity to customers in 2019 – almost halfway to its goal of delivering 100 percent carbon-free energy to customers by 2045. It also launched Charge Ready Transport—the largest truck and transit charging initiative in the nation. Joining C2ES will advance Edison’s efforts to collaborate with experts in policy and business to create a clean energy future.
The C2ES Business Environmental Leadership Council, which first formed in 1998, is the largest U.S.-based association of Fortune 500 companies solely devoted to climate-related policy and corporate strategies. It includes a diverse group of industries with combined revenues of nearly $3 trillion and 3.7 million employees.
“Recently, Southern California Edison announced one of the largest energy storage procurements in the nation,” said Drew Murphy, Edison International senior vice president of Strategy and Corporate Development. “SCE is also building the grid of the future to support high levels of carbon-free resources, integrate new technologies and service, and remain safe, reliable, affordable, and resilient even as the climate continues to evolve. This is why we are excited to be part of C2ES, to learn from others and share our experience.”
The company’s Edison Energy subsidiary partners with large energy users, identifying solutions to help them reduce their carbon footprints and reach their own sustainability goals. “In 2019, Edison Energy facilitated the largest clean energy procurement in automotive history on behalf of American Honda Motor Company, Inc,” Murphy said. “The deal, which included two long-term virtual power-purchase agreements (VPPAs) totaling 320 MW of renewable power capacity, will cover over 60 percent of the electricity that Honda uses in North America.”
Edison International’s recently published annual Sustainability Report describes its long-term public commitments related to clean energy, transportation electrification, diversity and inclusion and safety.
About C2ES: The Center for Climate and Energy Solutions (C2ES) is an independent, nonpartisan, nonprofit organization working to forge practical solutions to climate change. Our mission is to advance strong policy and action to reduce greenhouse gas emissions, promote clean energy and strengthen resilience to climate impacts. Learn more at www.c2es.org.
About Edison International: Edison International (NYSE: EIX) is one of the nation’s largest electric utility holding companies, providing clean and reliable energy and energy services through its independent companies. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California. Edison International is also the parent company of Edison Energy, a global energy advisory company delivering comprehensive, data-driven energy solutions to help commercial, institutional and industrial users address the three biggest challenges in energy today: cost, carbon and complex choices.