Sempra and Sempra Foundation Pledge a Total of $1 Million Toward California Fire Relief

Rhea-AI Summary

Sempra (NYSE: SRE) and Sempra Foundation have announced a combined pledge of $1 million in charitable contributions to support those affected by the California wildfires. The commitment includes up to $750,000 from Sempra Foundation for disaster relief efforts in the greater Los Angeles community, which will be distributed to the American Red Cross Los Angeles Region and Team Rubicon.

The foundation will also match employee contributions to eligible community organizations supporting fire relief. Additionally, Sempra will establish a Relief Fund with up to $250,000 to assist employees from the Sempra family of companies directly affected by disasters.

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SAN DIEGO, Jan. 10, 2025 /PRNewswire/ -- Sempra (NYSE: SRE) and Sempra Foundation today announced up to $1 million in charitable contributions to support those impacted by the California wildfires. Sempra Foundation, founded and solely funded by Sempra, announced up to $750,000 in charitable contributions. Sempra also announced up to $250,000 of shareholder contributions to further support those impacted.

"We are grateful for the work of first responders and utility workers who are doing all they can to protect communities, and we are deeply saddened that so many have been displaced or lost their homes," said Lisa Larroque Alexander, senior vice president at Sempra. "We are dedicated to supporting our communities and our people to help them recover."

Sempra Foundation is pledging up to $750,000 to support disaster relief efforts in the greater Los Angeles community. This includes donations to the American Red Cross Los Angeles Region and Team Rubicon, a veteran-led humanitarian organization that serves communities before, during and after disasters and crises to support relief and recovery efforts, as well as matching employee contributions to eligible community organizations supporting fire relief as part of its continuous program to encourage employees across the Sempra family of companies to volunteer and support causes in their communities.

Sempra also intends to establish and contribute up to $250,000 to the Sempra Relief Fund, an assistance fund to support employees from within the Sempra family of companies directly affected by disasters.

"As we extend our hearts to all those impacted by the wildfires, we will pull from our collective strength to support one another," Alexander said. "Together, we can help our colleagues, neighbors and communities safely navigate this crisis, get back on their feet and begin to restore their lives."

About Sempra
Sempra is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra.

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SOURCE Sempra

FAQ

How much money did Sempra (SRE) pledge for California wildfire relief in January 2025?

Sempra (SRE) and Sempra Foundation pledged a total of $1 million, with $750,000 coming from Sempra Foundation and $250,000 from Sempra shareholder contributions.

Which organizations will receive Sempra's (SRE) wildfire relief donations?

The donations will go to the American Red Cross Los Angeles Region and Team Rubicon, along with matching employee contributions to eligible community organizations.

What is the purpose of Sempra's (SRE) $250,000 Relief Fund?

The $250,000 Relief Fund is specifically established to support Sempra employees who are directly affected by disasters.

Does Sempra (SRE) match employee donations for California wildfire relief?

Yes, Sempra Foundation matches employee contributions to eligible community organizations supporting fire relief as part of its continuous program.