PSEG Again Recognized as Corporate Sustainability Leader

Dow Jones Salutes NJ Energy Company for Its Economic, Environmental and Social Responsibility Efforts

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Public Service Enterprise Group (PSEG)

Sep 14, 2015, 09:00 ET

NEWARK, N.J., Sept. 14, 2015 /PRNewswire/ -- Public Service Enterprise Group (PSEG) was named to the Dow Jones Sustainability North America Index for the eighth consecutive year. The Dow Jones Sustainability Indices (DJSI) recognize forward thinking companies based on an appraisal of the company's strategy, management and its performance in dealing with opportunities and risks deriving from economic, environmental and social developments.

"Making things better is the essence of what we do as a company," said Ralph Izzo, PSEG's chairman, president and CEO. "With a proud tradition of Public Service and a vision based on safe, reliable, economic and greener energy, we are determined to continue working to turn our challenges into opportunities for growth and development for our stakeholders."

In the last year PSEG has made notable progress in its efforts to provide its customers with a brighter energy future responsibly, reliably and efficiently. The company continues to put thousands of people to work upgrading its electric and gas distribution systems. These major infrastructure projects will provide greater reliability and help make the system more resilient to extreme storms. PSEG is also a leader in expanding customer access to energy efficiency and renewable solar power.

"More and more investors look at companies' environmental policies and track records in making their investment decisions," said David Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Index. "The Dow Jones Sustainability Indices are comprehensive benchmarks that allow investors to gauge the collective performance of those companies that meet the RobecoSAM standard for corporate sustainability and to formulate global allocations consistent with sustainable investment standards and practices."

Public Service Enterprise Group (NYSE: PEG) is a publicly traded diversified energy company with annual revenues of approximately $11 billion. Its operating subsidiaries are: PSEG Power, Public Service Electric and Gas Company (PSE&G) and PSEG Long Island.

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SOURCE Public Service Enterprise Group (PSEG)