Back/PSEG Recognized for Corporate Responsibility and Community Engagement in Utility Sector
USA·March 19, 2026·peg

PSEG Recognized for Corporate Responsibility and Community Engagement in Utility Sector

ED
Editorial
Cashu Markets·3 min read
TL;DR
  • PSEG is named the JUST Capital 2026 Industry Leader in Utilities for community engagement and corporate responsibility.
  • The company ranks ninth in Newsweek's America's Most Responsible Companies, highlighting its sustainability efforts and community support.
  • PSEG also celebrated as one of America's Most Charitable Companies, reflecting its commitment to enhancing community well-being.

### PSEG Earns Prestigious Accolades for Community Commitment and Corporate Responsibility

Public Service Enterprise Group (PSEG) is gaining national attention for its unwavering dedication to corporate responsibility and community engagement. Recently, the company is named the JUST Capital 2026 Industry Leader in the Utilities sector, showcasing PSEG's superior performance across various metrics such as career development, charitable contributions, human rights advocacy, and opportunities for local businesses. This recognition stems from an extensive assessment of over 900 companies, measuring corporate behavior against public priorities—a testament to PSEG's commitment to serving not only its customers but the broader communities in which it operates.

Additionally, PSEG is ranked ninth in Newsweek's America's Most Responsible Companies for 2026, placing it among the top ten of 600 organizations evaluated. This accolade highlights the company's ongoing initiatives centered around sustainability and support for the communities it serves. The recognition comes alongside PSEG being acknowledged as one of America's Most Charitable Companies for 2026, reinforced by its partnership with Statista. The company’s senior vice president for Corporate Citizenship, Rick Thigpen, asserts that such honors reflect the hard work of PSEG employees and their collective commitment to enhancing community well-being, which is a cornerstone of PSEG’s business strategy.

These collective achievements highlight PSEG's focus on treating employees with respect, nurturing community partnerships, and fostering trust among customers and shareholders. With a primary goal of ensuring reliable power and responsive service, PSEG remains a pillar of security and prosperity for the communities it serves. This ongoing commitment underscores the company's belief that strong community ties are pivotal for sustainable business practices and overall customer satisfaction.

In other recent developments, Public Service Electric and Gas Company (PSE&G) celebrates a significant ruling from the Federal Energy Regulatory Commission (FERC) that favors its customers. The ruling, which rejects a proposed settlement that would place an unfair financial burden on consumers, aligns with PSE&G's dedication to affordability and responsiveness. President and COO Kim Hanemann emphasizes that this decision is set to deliver an estimated $100 million in refunds for customers covering the years 2020 through 2022, with further potential savings as FERC reviews past cost assignments.

Moreover, PSE&G's commitment to low energy costs and reliability is further evidenced by its recognition from J.D. Power as the top utility for residential customer satisfaction for the fourth consecutive year. Such accolades not only reinforce the company’s operational excellence but also demonstrate its mission to provide fair and responsible energy services to New Jersey residents, making PSEG a leader in the utility industry.

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