PRESS RELEASES 2009
                 
                FOR IMMEDIATE RELEASE
                 
                September 22, 2009
                ISSUED BY:   PG&E Corporation, 1-800-743-6397

                PG&E EARNS HIGH RANKINGS FOR CLIMATE CHANGE REPORTING

                Major Index Lists PG&E in the Top Ten Among S&P 500 and Global 500 Companies

                (San Francisco) –The Carbon Disclosure Project (CDP), an independent organization that
                maintains the largest global database of corporate climate change information, has listed PG&E
                Corporation (NYSE:PCG) as one of the leading companies in the world when it comes to openly
                sharing public information on greenhouse gas emissions, emissions reduction targets, and the
                implications of climate change for its business. The company ranked in the top ten on the Carbon
                Disclosure Leadership Index for both the S&P 500 and the Global 500, and is one of only four U.S.
                utilities to make the global listing. PG&E tied for first place as the CDP’s top-ranked utility
                globally.

                The indices, compiled by PricewaterhouseCoopers (PwC) on behalf of CDP, provide an
                evaluation tool for institutional investors seeking to understand and manage risk associated with
                climate change. CDP is currently backed by 475 institutional investors with assets of more than $55
                trillion who sent the survey to 3,700 of the world's largest companies.

                “We’re pleased to be recognized for PG&E’s extensive reporting on the risks and
                opportunities that climate change presents to our business,” said Steve Kline, PG&E Corporation’s
                Chief Sustainability Officer. “We believe it’s critical that investors, customers, policy makers and
                other stakeholders have access to information that allows them to assess and understand the
                relationship between our business and the challenge of climate change. We’re committed to
                providing the information necessary to make this possible.”

                PG&E was among the earliest companies to voluntarily quantify and report greenhouse gas
                emissions, which is an essential first step in the longer-term effort to effectively and efficiently
                address this challenge. The company was a charter member of the California Climate Action
                Registry and, in 2002, became the first investor-owned utility in California to voluntarily complete
                a third-party-verified inventory of its CO2 emissions. PG&E has participated in the Carbon
                Disclosure Project since 2005.

                PG&E Corporation is an energy-based holding company whose core business is Pacific Gas
                and Electric Company. Pacific Gas and Electric Company is one of the largest combined natural gas
                and electric utilities in the United States. Based in San Francisco, with 20,000 employees, PG&E
                delivers some of the nation’s cleanest energy to 15 million people in northern and central
                California.

                The Global 500 Report including names of companies featured in the Carbon Disclosure
                Leadership Index can be found at www.cdproject.net. There is also more information on the
                Carbon Disclosure Leadership Index at PG&E’s environmental blog: http://www.next100.com/2009/09/corporations-endorse-climate-a.php. For more information about PG&E Corporation and Pacific Gas and Electric Company, please visit our web sites at www.shike35.icu and www.pge.com.

                 


                 

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