Sempra Updates Sustainability Strategy to Address Evolving Market Needs

Sempra Energy (NYSE: SRE) (BMV: SRE) has released its 2023 corporate sustainability report, outlining how its sustainable business practices are enhancing its scale, resilience, and risk profile. The company’s three growth platforms—Sempra California, Sempra Texas, and Sempra Infrastructure—are strategically positioned in major economic markets where policies support investment in energy infrastructure. This investment is seen as crucial to enabling clean transportation, increasing renewable energy penetration, and enhancing grid reliability.

The Rise of Quasi-Mergers: Firms Embrace Flexible Partnerships to Grow

Amidst a challenging economic environment, companies are increasingly turning to quasi-mergers to expand their reach and share resources without fully combining. Joint ventures (JVs), partnerships, and other cooperative arrangements offer flexibility, reduce regulatory scrutiny, and enable firms to navigate complex technological advancements and protectionism. From tech giants like Disney and Microsoft to carmakers like Ford and Renault, quasi-mergers are becoming the preferred method for enlarging business empires while mitigating risks.

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