Edison International, commonly known as EIX, is a leading multinational public utility holding company. It was founded in 1886 and is headquarted in Rosemead, California. The company is primarily involved in the generation, transmission and distribution of electric power to approximately five million customers in a 50,000 square-mile area of Southern California.
Edison International is one of the largest electric utilities in the U.S., organized into two main subsidiaries, Southern California Edison (SCE) and Edison Energy Group. Southern California Edison is deemed as one of the largest electric utilities in the U.S. and is a primary electricity supply company for much of Southern California. In contrast, Edison Energy Group is a non-regulated, commercial entity focusing on renewable energy, energy efficiency and sustainability services. The subsidiary provides data-driven, strategic advisement, and execution on energy investment and modernization.
As a responsible and forward-thinking utility, Edison International has consistently recognized the importance of reducing greenhouse gas emissions. They are at the vanguard of a nationwide movement towards cleaner energy infrastructure, aiming to deliver 100% carbon-free power to customers by 2045. The company is deeply engaged in state, regional and federal public policy that affect its business, customers and shareholders.
In terms of financial stability, Edison International is traded on New York Stock Exchange under the ticker symbol "EIX". With a steady income stream from its regulated utility subsidiary SCE, the company provides a reliable dividend to its investors.
Edison International is dedicated to its social responsibilities with programs supporting education and the environment. Through their focus on science, technology, engineering and mathematics (STEM) education, they enhance academic and career success for underserved students in their service territory. They have awarded millions in scholarships and grants to diverse groups of students and non-profit organizations.
Additionally, Edison International attracts top talents by creating an inclusive work environment. They foster development, diversity, and inclusion and have been named one of the best places to work in IT by Computerworld and one of the best employers for diversity by Forbes.
In summary, Edison International, with its extensive history and dynamic vision for the future, plays a crucial role in the energy sector. Through its commitment to clean, renewable energy, its financial stability, and its commitment to the community and workforce development, EIX is an industry leader pushing the boundaries of what is possible in the utility industry.