Climate Change

Public Service Enterprise Group

Brands and Associated Companies PSEG Power
InfluenceMap Score
C+
Performance Band
71%
Organisation Score
51%
Relationship Score
Sector:
Utilities
Head​quarters:
Newark, United States
Brands and Associated Companies
PSEG Power

The Public Service Enterprise Group, or PSEG, appears to be lobbying on climate change policy in the US with mainly positive positions. Communications from PSEG CEO Ralph Izzo suggests support for urgent action on climate change and PSEG has supported the role of the Environmental Protection Agency (EPA) in regulating GHG emissions. CEO Ralf Izzo has also communicated support for the Clean Power Plan, however, PSEG appears to have mainly avoided the legal debate over the plan, specifically in New Jersey, a state that has challenged the regulation in the courts. Despite stating support for the Clean Power Plan in consultation with the EPA in 2014, PSEG also advocated against penalizing states that were already requiring 'significant GHG reductions'. In 2016, PSEG CEO Ralph Izzo stated his support for international and national carbon pricing mechanisms, including a carbon tax, but explained that PSEG's preference is for cap and trade policies. PSEG has reiterated this support for an emissions trading scheme in a 2016 consultation over model trading rules in the Clean Power Plan. PSEG has supported energy efficiency policy in New Jersey but appears to have a mixed position on renewable energy legislation. It has stated its support for New Jersey's renewable portfolio standard but has opposed subsidies for customers generating their own solar power. Similarly, in New York State, PSEG has supported regulation that encourages centralized, utility based renewable generation whilst appearing not to support distributed renewable energy sources. PSEG CEO Ralph Izzo appears to support a transition of the energy mix, although the company predominately appears to advocate for increased capacity for nuclear and natural gas.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency NS NS NS NS 2 2 NS NA
Climate Science Stance 0 1 NA 1 1 1 NS NA
Need for climate regulations 1 1 NS 2 2 1 NS NA
UN Treaty Support NS 1 NS NS NS 1 NS NA
Transparency on Legislation -1 NA -1 NA NA NA NS NS
Carbon Tax NS NS NS NS 1 1 NS NA
Emissions Trading NS NS NS 1 1 1 1 NA
Energy Efficiency Standards 0 NS NS 2 1 1 NS NA
Renewable Energy Legislation 2 NS NS 0 -1 0 NS NA
Energy Policy and Mix 1 0 NS 0 0 0 NS NA
GHG Emission Standards NS 2 NS 0 1 1 NS NA
Disclosure on Relationships 1 NS -1 NA NA NA NS NS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
50%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.