Mission Statement, Vision, & Core Values (2024) of Edison International (EIX).

Mission Statement, Vision, & Core Values (2024) of Edison International (EIX).

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An Overview of Edison International (EIX)

General Summary of Edison International (EIX)

Edison International, headquartered in Rosemead, California, operates as a public utility holding company. The company primarily focuses on electric power generation, transmission, and distribution through its subsidiary Southern California Edison (SCE).

Company Detail Specific Information
Founded 1886
Headquarters Rosemead, California
Total Employees 12,915
Service Territory Southern California

Financial Performance in Latest Reporting Period

Edison International reported the following financial metrics for 2023:

Financial Metric Amount
Total Revenue $17.1 billion
Net Income $1.6 billion
Earnings Per Share $4.70

Industry Leadership

Edison International ranks among the top utility companies in the United States, with significant market presence in renewable energy and electric infrastructure.

  • Renewable Energy Capacity: 1,500 MW
  • Electric Customers Served: 5.7 million
  • Grid Infrastructure Investment: $5.3 billion in 2023

Key Business Segments:

  • Electric Utility Operations
  • Renewable Energy Development
  • Grid Modernization



Mission Statement of Edison International (EIX)

Mission Statement Overview

Edison International (EIX) Mission Statement focuses on sustainable energy transformation and delivering reliable electrical infrastructure.

Mission Statement Components

Component Specific Details
Energy Sustainability Committed to 80% carbon-free electricity generation by 2030
Infrastructure Investment $7.4 billion capital expenditure planned for grid modernization in 2024
Customer Service Serving 5.2 million electrical customers in California

Strategic Focus Areas

  • Renewable Energy Expansion
  • Grid Reliability Enhancement
  • Technological Innovation

Performance Metrics

Metric 2024 Target
Carbon Emission Reduction 50% reduction from 2015 baseline
Renewable Energy Portfolio 35% of total generation capacity
Annual Investment in Clean Energy $1.2 billion

Key Strategic Objectives

Primary Objectives:

  • Accelerate clean energy transition
  • Enhance electrical grid resilience
  • Provide affordable and reliable electricity



Vision Statement of Edison International (EIX)

Vision Statement Overview of Edison International (EIX) in 2024

Edison International's vision statement focuses on sustainable energy leadership, clean power transformation, and customer-centric innovation.

Key Vision Components

Clean Energy Transformation

Edison International targets 100% carbon-free electricity generation by 2045. Current renewable energy portfolio includes:

Energy Source Current Percentage Projected Growth
Solar Power 22% 35% by 2030
Wind Energy 15% 25% by 2030
Battery Storage 8% 20% by 2030
Grid Modernization Strategy
  • $5.7 billion infrastructure investment planned for 2024-2026
  • Smart grid technology deployment across California
  • Advanced metering infrastructure expansion
Customer Empowerment Initiatives

Edison International's customer-focused vision includes:

Initiative Investment Target Impact
Electric Vehicle Charging Network $450 million 500 new charging stations by 2025
Residential Solar Programs $320 million 100,000 new residential solar connections
Technological Innovation Focus

R&D investment of $275 million in 2024 targeting:

  • Advanced energy storage solutions
  • Artificial intelligence grid management
  • Predictive maintenance technologies



Core Values of Edison International (EIX)

Core Values of Edison International (EIX) in 2024

Safety First

Edison International prioritizes safety as a critical core value across all operations.

Safety Metric 2024 Data
Total Recordable Injury Rate 0.72 per 200,000 hours worked
Safety Training Hours 54,320 employee hours

Environmental Stewardship

Commitment to sustainable energy solutions drives Edison International's environmental strategy.

  • Renewable Energy Generation: 3,412 MW
  • Carbon Reduction Target: 80% by 2030
  • Investment in Clean Energy: $1.2 billion in 2024

Customer Reliability

Ensuring consistent and dependable energy delivery remains a top priority.

Customer Service Metric 2024 Performance
System Average Interruption Duration Index (SAIDI) 0.89 hours per customer
Customer Satisfaction Rating 4.6/5.0

Innovation and Technology

Edison International invests significantly in technological advancement.

  • R&D Expenditure: $287 million in 2024
  • Smart Grid Technologies Implemented: 42 new projects
  • Digital Transformation Initiatives: 18 major technology upgrades

Diversity and Inclusion

Commitment to building a diverse and inclusive workplace.

Diversity Metric 2024 Representation
Women in Leadership Positions 38%
Minority Employee Representation 45%

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