Search our sites

Search past winners/finalists


  • MESA logo
  • SATE logo

Sempra, San Diego, California, United States: Jeffrey W Martin, Paving the way forward for the energy transition

Company: Sempra
Company Description: Sempra is a leading North American energy infrastructure company that delivers energy to nearly 40 million consumers. Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy market. It is recognized as a leader in sustainable business practices and for its high-performance culture.
Nomination Category: Management Categories
Nomination Sub Category: Achievement in Management - Energy
2024 Stevie Winner Nomination Title: Jeffrey W Martin - Paving the way forward for the energy transition
  1. Which will you provide for your nomination in this category, an essay of up to 650 words describing the achievements of the nominated management team, group, or individual since January 1 2023, OR a video of up to five (5) minutes in length describing the same? CHOOSE ONE:
    An essay of up to 650 words
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:

     

  3. If you are providing an essay of up to 650 words, place it in this space:

    Total 539 words used.

    Jeffrey W. Martin is chairman and CEO of Sempra, a Fortune 500 energy infrastructure company with a market capitalization of $50 billion and assets of nearly $[REDACTED FOR PUBLICATION] billion. As a West Point graduate and former U.S. Army officer, Martin leads Sempra’s more than 20,000 employees through its purpose-driven mission to be North America’s premier energy infrastructure company, serving nearly 40 million consumers – more households than any other U.S. utility. Grounded in its values: Do the right thing, champion people and shape the future, Martin has fostered an environment where employees can thrive, in service to each other, to their customers and to their communities.  

    Martin strongly believes that to serve an ideal greater than oneself is an honor — whether it’s from his time in the U.S Army or at Sempra where he has held various leadership roles before becoming chairman and CEO. This idea of servant leadership is evidenced in his leadership strategy, interactions with employees, engagement with communities and in Sempra’s business transactions.  

    Martin is focused on advancing Sempra’s mission to build North America’s premier energy infrastructure company by elevating the company’s role in modernizing energy infrastructure that advance responsible business practices, while extending access to improved health, wellbeing and prosperity. He oversees a $56 billion capital plan, the largest in the company’s history, powering its three growth platforms – Sempra California, Sempra Texas and Sempra Infrastructure to help deliver [REDACTED FOR PUBLICATION] energy to stakeholders in California, Texas and to partners internationally. 

    Under Martin’s leadership, Sempra’s success has been driven by its high-performance culture, which is grounded in employees' shared vision, mission and values and the drive for innovation, growth and financial performance.

    Martin stands out as a visionary and responsible leader whose impact can be seen in the communities across Sempra’s family of companies in California, Texas and internationally. Under his direction, Sempra aims to help advance the energy transition, balancing the need for cleaner energy with the growing importance of energy reliability in a rapidly changing world. Under his leadership, Sempra made over $30 million in community investments in 2023. He has championed employee engagement in philanthropy and, in 2023, employees supported over 2,700 organizations, donating time and money, totaling nearly 40,000 volunteer hours and approx. $7 million. 

    Martin’s integrity expands to the board of directors where members are tasked to lead with strong principles to do the right thing. Working in conjunction his board, Martin’s strong corporate governance and oversight of the company has helped to deliver long-term sustainable value to shareholders and other stakeholders. In fact, under Martin’s leadership, Sempra has recognized by the FTSE4Good Index Series, Fortune’s World-Most Admired Companies, Newsweek’s America’s Most Responsible Companies, [REDACTED FOR PUBLICATION] and more.

    He serves on the International Business Council, Oil and Gas and Electricity Communities for the World Economic Forum (WEF). He recently completed a two-year term as chair of the Electricity Community, comprised of many of the world’s largest electricity companies. Martin has published columns with WEF on innovation, technology and leadership, as well as op-eds with other periodicals, such as MarketWatch, on the global energy transition. He has spoken on the topics of leadership and global energy systems with policy think tanks.

  4. In bullet-list form, provide a brief summary of up to ten (10) of the chief accomplishments of the nominee(s) since January 1 2023. This is required whether you are submitting a video or an essay:

     

    Achievements to date include:

    • Record $2.97 billion in adjusted earnings in fiscal year 2024
       
    • Oversight of Sempra's record $56B capital plan, a 16% increase from the previous capital plan, designed to support safety, reliability and connecting customers to cleaner energy
       
    • Disciplined capital investments increased 2024 utility rate base to $56 billion
       
    • Reached nearly $100B of total assets in 2024
       
    • Outperformed utility peers over the last three years
       
    • [REDACTED FOR PUBLICATION]
       
    • [REDACTED FOR PUBLICATION]
       
    • Raised annualized common stock dividend for the 15th consecutive year.
       
    • Market capitalization more than doubled over the last 10 years from $27B at the end of 2014 to $56B at the end of 2024.
       
    • [REDACTED FOR PUBLICATION]

     

Attachments/Videos/Links:
Jeffrey W Martin - Paving the way forward for the energy transition
URL [REDACTED FOR PUBLICATION]