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TheStreet Open House

PG&E Earns Two Prestigious International Safety-Focused Asset Management Certifications For Gas Operations

SAN FRANCISCO, May 27, 2014 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that it has achieved two international certifications for best-in-class operational standards for its gas operations. PG&E is one of the first utilities in the world to hold both the International Organization for Standardization (ISO) 55001: 2014 and Publicly Available Specification (PAS) 55-1: 2008 certifications. The certifications were awarded by the independent, internationally recognized auditor, Lloyd's Register.

PG&E President Chris Johns said, "I am proud of the determination of our Gas Operations team for this accomplishment and the progress it represents. The men and women of PG&E have worked tirelessly to transform the safety and reliability of our gas system and earn back the trust of our customers."

In early 2014, Lloyd's Register travelled throughout PG&E's 70,000-square-mile service area reviewing safety practices, information and risk management policies, employee qualifications, emergency response protocols and more than 20 additional critical areas of asset management. The certification process also involved a series of rigorous, independent audits and interviews of more than 150 PG&E management, field employees and contractors.

Executive Vice President Nick Stavropoulos, who has overseen the modernization of PG&E's natural gas system said, "These certifications are evidence of our continually improving safety culture and our robust asset management program. We are proud of our progress and the great strides we're making toward world-class safety performance. But we still have more to do to become the safest, most reliable gas company in the country." 

The underlying requirements of the ISO 55001: 2014 and PAS 55-1: 2008 standards are the foundation of PG&E's safety management system. They require the highest level of rigor for managing the company's large number of physical assets, which include transmission and distribution pipelines, pressure regulator stations, gas storage facilities, meters and more.

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