Company Directory - Sempra Inc.
Company Details - Sempra Inc.
Sempra Inc.
WebsiteSan Diego, United States
Sempra Inc. is an energy infrastructure company engaged in the development and operation of energy systems and services. The company focuses on natural gas and electricity infrastructure, including the transportation, storage, and distribution of energy for businesses and consumers.
CCI Score
CCI Score: Sempra Inc.
-28.04
0.02%
Latest Event
Sempra Energy Political Influence Profile
An OpenSecrets profile reveals that Sempra Energy contributed $818,528 and spent nearly $5 million on lobbying during the 2024 cycle, with notable revolving door indicators as many lobbyists had previously held government positions.
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ACCOMPLICE
Sempra Inc. is currently rated as an Accomplice.
Latest Events
- JAN012024
An OpenSecrets profile reveals that Sempra Energy contributed $818,528 and spent nearly $5 million on lobbying during the 2024 cycle, with notable revolving door indicators as many lobbyists had previously held government positions.
-50
Political Contributions and Lobbying Efforts
April 7
Sempra Energy's sizable political contributions and lobbying expenditures, highlighted by nearly $5 million spent in 2024 along with a pattern of revolving door appointments, signal an excessive influence over political processes. Such practices can undermine democratic accountability and create pathways for authoritarian-friendly policies.
- JAN012024
Sempra Energy, part of Sempra Inc., was reported by OpenSecrets to have spent $4,980,000 on federal lobbying efforts in 2024. This significant expenditure highlights the company's active engagement in shaping political outcomes.
-50
Political Contributions and Lobbying Efforts
April 7
The nearly $5 million spent on lobbying demonstrates Sempra's proactive involvement in influencing policy and regulatory processes. Such a large lobbying expenditure raises concerns about corporate influence over democratic decision-making and the potential for fostering an environment that could undermine public accountability.
- NOV152023
Sempra was recognized for the eighth consecutive year as a 'Trendsetter' in the CPA-Zicklin Index, achieving a score in the 90th percentile. This recognition highlights the company's commitment to transparency and accountability in its political spending and disclosure practices.
+80
Public and Political Behavior
April 7
Sempra's high ranking in the CPA-Zicklin Index demonstrates robust transparency in disclosing political practices and spending, reflecting a strong commitment to accountable corporate governance that counters authoritarian influences. This transparent approach supports an anti-fascist, progressive political behavior by providing clarity to shareholders and the public regarding its political engagements.
Sempra Recognized as Trendsetter for Political Disclosure and Accountability
- SEP282023
Sempra Inc. contributed $252,178 to campaigns of over 60 California lawmakers during the first half of 2023, a move that analysts link to its broader strategy of leveraging political influence to support costly, fossil fuel-based infrastructure and technologies.
-80
Political Contributions and Lobbying Efforts
April 7
The significant campaign contributions made by Sempra, totaling over $250K, are interpreted as a strategic effort to secure favorable legislative conditions that enable the continued dominance of fossil fuel interests. This form of political spending undermines democratic accountability and supports policies that delay necessary climate action, which is particularly concerning from an anti-fascist perspective.
Sempra is now top spender on California campaign politics | San Luis Obispo Tribune
- JUL242023
On July 24, 2023, protesters disrupted Sempra Energy’s headquarters in downtown San Diego, demanding that the company divest from fossil fuels and urging the federal government to declare a climate emergency. The protest was aimed at highlighting Sempra’s role in fossil-fuel lobbying and its continued investment in non-renewable energy despite calls for a rapid transition to green energy. In response, Sempra issued a statement affirming its commitment to environmental stewardship and its investments in cleaner energy solutions.
-40
Political Contributions and Lobbying Efforts
April 7
Protesters explicitly called out Sempra for its involvement in fossil fuel lobbying, implicating the company in political activities that hinder decisive action on the climate crisis. This negative score reflects concerns about the company’s indirect contribution to policies that favor the interests of the fossil fuel industry over environmental sustainability.
Protesters 'disrupt' Sempra headquarters over climate crisis
-40
Business Practices and Ethical Responsibility
April 7
Despite issuing a statement on environmental stewardship and investment in cleaner energy, Sempra’s ongoing reliance on fossil fuel infrastructure underlines a gap between rhetoric and transformative business practice. This negative assessment reflects serious concerns regarding its ethical responsibility in aligning business operations with the urgent need for a sustainable energy transition.
Protesters 'disrupt' Sempra headquarters over climate crisis
-30
Economic and Structural Influence
April 7
Sempra’s vast energy infrastructure and its significant investments in fossil fuel networks contribute to maintaining an economic structure that supports environmentally harmful practices. This economic influence, coupled with its proximity to policy-making processes via industry lobbying, underscores structural impediments to a rapid energy transition.
Protesters 'disrupt' Sempra headquarters over climate crisis
- JUN302023
Sempra, the parent company of SoCalGas and San Diego Gas & Electric, contributed over $252,178 to more than 60 California lawmakers' campaigns during the first half of 2023. This spending is part of a broader strategy to secure legislative support for its fossil fuel-dependent business and its investments in expensive alternative technologies.
-70
Political Contributions and Lobbying Efforts
April 7
Sempra’s significant political contributions indicate an effort to influence legislative decisions in favor of maintaining and expanding fossil fuel infrastructure and related investments. By directing over $252,000 to individual lawmakers, the company is leveraging campaign finance to potentially shape policies that prolong dependency on fossil fuels, which undermines progressive and anti-fascist efforts to promote sustainability and environmental justice.
Sempra is now top spender on California campaign politics | San Luis Obispo Tribune
- JUN092023
A lawsuit filed on June 9, 2023, in California Superior Court alleges that Sempra Energy released 100,000 tons of natural gas over four months from its Aliso Canyon storage facility, adversely affecting residents in the Porter Ranch area.
-40
Business Practices and Ethical Responsibility
April 7
The environmental lawsuit highlights Sempra Energy's alleged operational negligence resulting in a prolonged gas leak that released 100,000 tons of natural gas. Such negligence poses significant environmental and public health risks, undermining community trust and ethical business practices.
Lawsuit Alleges Sempra Energy Gas Leak Lasted 4 Months - Law.com
- JAN012022
OpenSecrets data shows that Sempra Energy raised $746,616 in the 2021-2022 election cycle through its PAC, indicating the company's involvement in political funding which may influence policy making.
-20
Political Contributions and Lobbying Efforts
April 7
The reported PAC fundraising of $746,616 by Sempra Energy, while modest relative to its size, illustrates corporate political engagement that can potentially sway policy in favor of corporate interests. From an anti-fascist perspective, the use of corporate funds in political contributions raises concerns about the undue influence over democratic processes and transparency in corporate political behavior.
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Corporate Financials
- Revenue
- 2022
- $15.20B
- Total Assets
- 2022
- $47.76B
- Operating Income
- 2022
- $4.04B
- Total Equity
- 2022
- $20.73B
Employees: 1,700
Industries
- 221118
- Other Electric Power Generation
- 221121
- Electric Bulk Power Transmission and Control
- 221122
- Electric Power Distribution
- 237120
- Oil and Gas Pipeline and Related Structures Construction
- 486110
- Pipeline Transportation of Crude Oil
- 486210
- Pipeline Transportation of Natural Gas