Company: SREA
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001140361-25-010983
Chunk: 22

Company: SEMPRA
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 22
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-zero GHG emissions will be determined based on company operations in 2050 and GHG emissions will be calculated according to widely accepted emissions reporting guidelines or mandates at that time. Our net-zero aim does not include Oncor, which sets its own goals due to certain ring fencing measures that limit Sempra’s ability to direct the management or activities of Oncor. Our interim target covers Sempra California and Sempra Infrastructure’s Mexico (non-LNG) operations. |

| 14 |     | 2025 Proxy Statement |

TABLE OF CONTENTS Corporate Governance

each of our main operating companies, to provide greater insight into sustainable business practices across the organization. We prepare our sustainability disclosures of key non-financial risks and opportunities in consideration of some of the leading sustainability frameworks, including the Sustainability Accounting Standards Board (SASB) and Task Force on Climate-related Financial Disclosures (TCFD) guidelines, both now incorporated under the International Sustainability Standards Board S1 and S2 reporting frameworks and the Global Reporting Initiative (GRI). We also report information to the CDP (formerly Carbon Disclosure Project) and publish disclosures based on the Edison Electric Institute and American Gas Association combined environmental, social and governance template. In addition to aligning our sustainability reporting with industry standards, we also listen carefully to our shareholders and other stakeholders and seek to provide transparency on topics of particular focus for them. For example, after robust engagement with our shareholders in 2021 following our receipt of a related shareholder proposal, we enhanced our disclosures on the alignment of our key trade associations with Sempra’s energy transition action plan, including our climate ambitions and/or our sustainable business strategy, and reported our findings in subsequent annual corporate sustainability reports. We also issued a mid-cycle update in 2024 in response to stakeholder input to enhance our discussion of partially aligned trade associations. As another example, in response to stakeholder input, we included a new section in our 2023 corporate responsibility report on artificial intelligence, including its uses across the Sempra family of companies and the governance framework and internal policies we have implemented for responsible use of this resource. Additionally, throughout 2024, we held broad-based listening tours with stakeholders regarding climate risks, challenges and opportunities to help us better understand stakeholder priorities and where we can provide additional clarity on Sempra’s approach in future disclosures. Robust Engagement Program Shareholders Sempra conducts regular engagement with our shareholders throughout the year, including spring/summer engagement following our annual shareholders meetings and fall/winter “off-season” engagement. This cadence may be supplemented