PSEG Employees Volunteer to Support Children's Specialized Hospital

PSEG employees have shown their commitment to giving back to the community by volunteering their time and resources to support Children's Specialized Hospital (CSH). The company has been a proud partner of CSH for nearly two decades, donating over $7.2 million through its PSEG Foundation and PSEG Corporate Social Responsibility initiatives. This year alone, PSEG employees have volunteered over 200 hours and raised over $750,000 in funds for CSH through their annual golf outing and Walk n' Roll events.

PSEG's support for CSH aligns with its broader corporate social responsibility (CSR) strategy, which focuses on creating a brighter future for New Jerseyans by addressing critical community needs. The company's commitment to CSH is a testament to its dedication to improving the health and well-being of children, a vulnerable population that requires specialized care. By donating over $7.2 million since 2005 and providing a $300,000 grant for the Social Determinants of Health Program, PSEG demonstrates its commitment to supporting the hospital's mission and helping children with special health challenges.

In addition to its support for CSH, PSEG engages in various other initiatives to create a brighter future for New Jerseyans. These initiatives include supporting sustainable neighborhoods, safety and preparedness, employee volunteerism, diversity, equity, and inclusion, and Giving Tuesday. Through these initiatives, PSEG empowers its employees to make a positive impact in their communities and supports various causes that align with its mission and values.

PSEG's matching gift program has significantly contributed to the overall amount raised for CSH. In 2024, PSEG employees raised $50,000 for the Walk n' Roll event and over $700,000 during the annual golf outing, with PSEG matching these contributions. This resulted in a total of $750,000 raised for CSH through these events alone. PSEG's matching gift program has contributed over $7.2 million to CSH since 2005, demonstrating the substantial impact of the company's commitment to supporting the hospital's mission.

Comparing PSEG's matching gift program to other corporate matching programs, it is evident that PSEG's commitment to CSH is significant. In 2024, PSEG matched employee contributions to CSH at a 2:1 ratio, which is higher than the average corporate match ratio of 1:1 or 1.5:1. This higher match ratio indicates PSEG's strong commitment to supporting CSH and its mission.

PSEG's support for CSH and its broader CSR initiatives demonstrate the company's dedication to creating a brighter future for New Jerseyans by addressing critical community needs and empowering its employees to make a positive impact. Through its matching gift program and various other initiatives, PSEG has made a significant contribution to the overall amount raised for CSH and has shown its commitment to supporting the hospital's mission and helping children with special health challenges.