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PSEG Earns National Recognition for Corporate Citizenship and Community Impact

PSEG (NYSE:PEG) announced three national recognitions on March 17, 2026: JUST Capital 2026 Industry Leader for Utilities, ranked #9 on Newsweek/Statista's America's Most Responsible Companies 2026, and named one of America's Most Charitable Companies 2026.

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PSEG (NYSE:PEG) announced three national recognitions on March 17, 2026: JUST Capital 2026 Industry Leader for Utilities, ranked #9 on Newsweek/Statista's America's Most Responsible Companies 2026, and named one of America's Most Charitable Companies 2026.

Highlights include ~245,000 metric tons CO2e methane reduction (2018–2025), ~15,000 employee volunteer hours in 2025, nearly $138 million from the PSEG Foundation over 25 years, and $12.8 million contributed in 2025.

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Positive

  • JUST Capital Industry Leader for utilities (2026)
  • #9 on Newsweek/Statista America's Most Responsible Companies 2026
  • 245,000 metric tons CO2e methane reduction (2018–2025, company estimate)
  • 15,000 volunteer hours logged by ~2,300 employees in 2025
  • $12.8 million contributed by PSE&G and the PSEG Foundation in 2025
  • Nearly $138 million awarded by the PSEG Foundation over 25 years

Negative

  • None.
Argus Mar 17 session
-0.16% close to close Open Argus
Details

News Market Reaction – PEG

On Mar 17, the day this news came out, PEG closed 0.16% below the previous close.

Data tracked by StockTitan Argus for the Mar 17 session.

Market Context

This announcement highlights national recognition for PSEG’s corporate citizenship, including a top‑...
Analysis

This announcement highlights national recognition for PSEG’s corporate citizenship, including a top‑ten ranking among 600 responsible companies and significant philanthropy such as $12.8 million in 2025 community contributions. It builds on earlier disclosures of earnings growth and large regulated investment plans, reinforcing a narrative that combines financial performance with ESG priorities. Investors may watch how continued emissions reductions, like the 245,000 metric tons CO2e cut since 2018, and ongoing community investment support long‑term stakeholder relationships.

Key Figures

Companies assessed: over 900 companies Methane reduction: 245,000 metric tons CO2e Employee volunteers: about 2,300 employees +5 more
Companies assessed
over 900 companies
JUST Capital 2026 rankings universe
Methane reduction
245,000 metric tons CO2e
Emission reduction 2018–2025 from Gas System Modernization Program
Employee volunteers
about 2,300 employees
Participated in community volunteering in 2025
Volunteer hours
about 15,000 hours
Employee volunteer time in 2025
Foundation grants
nearly $138 million
PSEG Foundation awards over past 25 years
Additional initiatives
$40 million
PSEG contributions to community initiatives over past decade
2025 community giving
$12.8 million
2025 contributions from PSE&G and PSEG Foundation
Responsibility ranking
number nine of 600
Newsweek America's Most Responsible Companies 2026

Historical Context

5 past events · Latest: Feb 26
5 events
  1. Feb 26

    Full-year 2025 results

    24h Move
    -0.1%

    Reported higher 2025 earnings, raised 2026 guidance and expanded capital plan.

  2. Feb 26

    Dividend increase

    24h Move
    -0.1%

    Announced higher 2026 dividend, marking 15th consecutive annual increase.

  3. Feb 03

    Earnings call scheduled

    24h Move
    +1.6%

    Set date and details for Q4 and full-year 2025 earnings call.

  4. Jan 27

    Efficiency programs update

    24h Move
    +1.7%

    Reported large customer bill savings and emissions reductions from efficiency programs.

  5. Jan 21

    Board appointment

    24h Move
    -0.5%

    Elected experienced utility executive Geisha J. Williams to Board of Directors.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

co2e
1 terms
co2e technical
"reduced methane emissions in our communities by approximately 245,000 metric tons of CO2e"
CO2e is a single number that expresses the warming effect of all greenhouse gases as the amount of carbon dioxide they would equal, so different gases can be compared on the same scale. Think of it like converting different currencies into dollars to make an apples-to-apples comparison. Investors use CO2e to gauge a company’s climate impact, regulatory and carbon‑pricing exposure, and potential costs or reputational risks tied to emissions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Named the JUST Capital 2026 Industry Leader for Utilities, Ranked among the Top 10 on and Newsweek's America's Most Responsible Companies and Honored as one of Newsweek's America's Most Charitable Companies

NEWARK, N.J., March 17, 2026 /PRNewswire/ -- Public Service Enterprise Group (PSEG) is proud to announce we have been honored with three national distinctions that reflect our focus on the people and communities we serve: recognized as the JUST Capital 2026 Industry Leader for Utilities, ranked among the top ten of America's Most Responsible Companies 2026 by Newsweek and Statista and named one of America's Most Charitable Companies 2026 by Newsweek and Statista.

Together, these awards reflect the dedication and passion of our employees, whose hard work makes these achievements possible, and underscores our focus on responsible business practices, strengthening communities and ensuring our customers are at the center of everything we do.

"We know many residents and communities are struggling and we take our responsibility as 'public service' very seriously. Working to make the communities we serve better places to live continues to be central to our business strategy," said Rick Thigpen, PSEG senior vice president for Corporate Citizenship. "We are extremely proud of these recognitions. They demonstrate the pride our organization continues to have for being a solid partner to the amazingly diverse communities and customers we serve. We are proud to be acknowledged for treating our employees with respect and conducting our operations responsibly. None of this would be possible without our employees, whose hard work, generosity, and community spirit makes PSEG's impact possible."

Named Industry Leader for Utilities

PSEG was recognized as the top utility in JUST Capital's 2026 annual rankings of leadership performance by national companies on a range of issues related to workers, customers, communities, the environment and governance. This ranking utilizes insights from polling to determine what the public prioritizes regarding corporate behavior and assesses over 900 companies based on a proprietary methodology. PSEG performed especially well in the areas of career development, charity and giving, human rights and opportunities for local businesses.

Recognition as a JUST Capital Industry Leader highlights how PSEG's approach to workforce investment and community partnership helps strengthen trust with employees, customers, communities and shareholders. Our customers and communities stay secure and thrive when PSEG brings reliable power, responsive service and safe infrastructure.

Among Top 10 Most Responsible Companies Nationally

PSEG was recently named in the top 10 of Newsweek and Statista's America's Most Responsible Companies 2026. The company ranked number nine on the list of 600 companies evaluated for their community support, sustainability initiatives and workforce benefits.

The award demonstrates PSEG's long-term approach to conducting our operations in a thoughtful way that factors in the environment, our customers and the needs of the communities across our service territory where our employees live alongside our customers. For example, our Gas System Modernization Program has reduced methane emissions in our communities by approximately 245,000 metric tons of CO2e from 2018 to 2025, based on company estimates. Programs like this also help strengthen system reliability, improve safety and support long-term performance across our operations. 

One of America's Most Charitable Companies

Newsweek and Statista's America's Most Charitable Companies 2026 highlights organizations that demonstrate leadership in corporate philanthropy, transparency and community impact. PSEG's inclusion reflects the company's longstanding aim to strengthen the communities we serve, both through corporate social responsibility work and the PSEG Foundation, an independent 501(c)(3), an approach that helps support communities and PSEG's long-term reputation in those communities. 

In 2025, about 2,300 PSEG employees volunteered about 15,000 hours to organizations across our communities.

The PSEG Foundation has awarded nearly $138 million over the past 25 years to community partners. Over the past decade, PSEG has contributed an additional $40 million to community-based initiatives. In 2025, PSE&G and the PSEG Foundation together contributed $12.8 million to organizations across our service territory. 

Across all three recognitions, PSEG's focus remains the same: providing safe, reliable service, supporting the well-being of our people and communities and maintaining the strong operational and governance practices that underpin long-term value creation and sustain trust in the services we provide. PSEG is honored to be recognized among the nation's top companies and will continue investing in initiatives that create lasting, positive impact for our people and the communities we serve.

About PSEG
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers.  PSEG also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. PSEG aims to power a future where people use energy more efficiently, and it's safer and delivered more reliably than ever. PSEG is a member of the S&P 500 Index and has been named to the Dow Jones Sustainability North America Index for 17 consecutive years. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island (https://corporate.pseg.com).

About PSEG Foundation
The PSEG Foundation 501(c)(3), the philanthropic arm of Public Service Enterprise Group (PSEG) (NYSE:PEG), prioritizes investments in promoting environmental sustainability, social justice, and equity and economic empowerment. 

CONTACTS:


Investor Relations

Media Relations

pseg-investorrelations@pseg.com

DL-ENT-pseg.communications@pseg.com

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SOURCE PSEG

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What recognitions did PSEG (PEG) receive on March 17, 2026?

PSEG was named JUST Capital 2026 Industry Leader for utilities and ranked #9 on Newsweek/Statista's America's Most Responsible Companies 2026. According to the company, it was also named one of America's Most Charitable Companies 2026.

How much methane emissions has PSEG (PEG) reduced from 2018 to 2025?

PSEG estimates it reduced approximately 245,000 metric tons of CO2e methane emissions from 2018 to 2025. According to the company, the reduction is linked to its Gas System Modernization Program and improvements in system reliability.

What philanthropic contributions did PSEG (PEG) report for 2025?

In 2025, PSE&G and the PSEG Foundation together contributed $12.8 million to community organizations. According to the company, the PSEG Foundation has awarded nearly $138 million over the past 25 years.

How many volunteer hours did PSEG employees record in 2025?

About 2,300 PSEG employees volunteered roughly 15,000 hours in 2025. According to the company, employee volunteerism supports community partners across its service territory and complements corporate giving.

Why did JUST Capital recognize PSEG (PEG) as industry leader for utilities in 2026?

JUST Capital recognized PSEG for strong performance on workers, customers, communities, environment, and governance. According to the company, PSEG scored well in career development, charity and giving, human rights, and local business opportunities.

What does Newsweek/Statista's top-10 ranking mean for PSEG shareholders?

The #9 placement signals external recognition for sustainability, community support, and workforce benefits. According to the company, these rankings reflect long-term responsible operations that help sustain customer trust and long-term value creation.

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