Efficient Financing & Incremental Investment Opportunities slide image

Efficient Financing & Incremental Investment Opportunities

DECARBONIZATION PATHWAYS SEMPRA CALIFORNIA SEMPRA T EXAS SEMPRA INFRASTRUCTURE Sempra is helping lead the energy transition in every market where we operate Helping lead the decarbonization of California's energy system Continue to integrate renewable energy onto system Connecting customers to zero- and low-carbon energy sources Connect renewables to load centers through T+D investments 157 GW of solar, wind and storage under study in ERCOT³ Enhancing affordable access to zero- and low-carbon energy Displace carbon- intensive coal and oil around the world Increase access to renewables and natural gas COMMITMENT Support CA goal of 5M electric vehicles by 20301 • FUTURE GOAL • Execute goal of 20% RNG by 20302 Support climate resiliency through vast T+D network Support Mexico goal of 40% renewable generation by 20354 NET ZERO Renewable Natural Gas (RNG). Specifically, aim to provide 20% renewable natural gas to core customers as defined in SoCalGas' Tariff Rule No. 23, by 2030. SoCalGas will need the support of state regulations, such as the RNG targets or goals to be considered by the California Public Utilities Commission (CPUC) as part of Senate Bill (SB) 1440, in order to meet our 2030 goal. Amounts are approximate. Electric Reliability Council of Texas (ERCOT) Data, May 2021. International Renewable Energy Agency (IRENA) "A Renewable Energy Roadmap." 12 1. Executive Order (E.O.) B-48-18. 2. 345 3. 4. 10 Certain ring-fencing measures limit our ability to direct the management of Oncor. As a result, Oncor sets its own ESG goals, and unless specifically indicated, enterprise goals and activities do not include Oncor. 20505 SEMPRA
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