PG&E Named One of America’s Most Admired Companies for Supplier Diversity by MBN USA Magazine
August 24 2016 - 3:00PM
Business Wire
Pacific Gas and Electric Company (PG&E) has been named to
Minority Business News USA Magazine’s 2016 Corporate 101: Most
Admired Companies in Supplier Diversity. The publication’s list
recognizes companies that help drive minority business development
through their commitment to supply chain diversity.
“For the past 35 years, we’ve been committed to supporting a
diverse supply chain. Our efforts have enabled us to develop one of
the leading supply chain responsibility programs in the energy
industry by investing more than $2.5 billion in our diverse
communities. Our program has helped create economic opportunity in
our local communities as we work together to build a better
California,” said PG&E Senior Vice President of Safety and
Shared Services Des Bell.
PG&E scored high in various categories to receive the
honor:
- Reported Spend With Diverse
SuppliersPG&E spent a record $2.5 billion with diverse
suppliers in 2015—the fourth consecutive year of $2 billion-plus of
diverse spend and was more than 40 percent of the utility’s total
spend for the third year in a row.In addition, PG&E achieved
new spending records in all reporting categories—including Minority
Business Enterprise, Women Business Enterprise and Service Disabled
Veteran Business Enterprise.
- Innovative Supplier Development
InitiativesAs a part of its Technical Assistance Program,
PG&E offers workshops which raise awareness in the small and
diverse business community on various important business
considerations such as cybersecurity, safety, environmental
responsibility and being competitive in the global marketplace.Over
the last two years, the company has also played host to small and
diverse business workshops to educate women, minority (African
American, Asian American, Hispanic American and Native American),
disabled veteran and LGBT enterprises on how to do business with
PG&E and other companies.PG&E was also the first utility
and one of the initial 26 companies to participate in President
Barack Obama’s SupplierPay initiative, a program designed to help
small business suppliers grow by taking active steps to expedite
payments for goods and services and promote better access to
financing.
- Participation With Regional Minority
Supplier Development CouncilsPG&E has an active presence
with minority business organizations such as the California Asian
Pacific Chamber of Commerce, California Black Chamber of Commerce,
California Hispanic Chamber of Commerce, American Indian Chamber of
Commerce and Western Regional Minority Supplier Development
Council.
In addition, PG&E’s supplier diversity program has received
honors from organizations such as:
- DiversityInc: One of the top
utilities in the U.S. for diversity for eight straight years.
- DiversityBusiness.com: One of
America’s top organizations for multicultural business
opportunities.
- U.S. Hispanic Chamber of Commerce
(USHCC): Named to the organization’s “Million Dollar Club” for
each of the last two years for spending more than $470 million with
Hispanic-owned businesses.
PG&E has been previously recognized by Minority Business
News USA Magazine. Last December, the publication named PG&E
Chairman, CEO and President Tony Earley to its 2015 “Best of the
Decade” list and PG&E Director of Supply Chain Responsibility
Joan Kerr to its Circle of Honor.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E
Corporation (NYSE:PCG), is one of the largest combined natural gas
and electric utilities in the United States. Based in San
Francisco, with more than 20,000 employees, the company delivers
some of the nation’s cleanest energy to nearly 16 million people in
Northern and Central California. For more information, visit
www.pge.com/ and
www.pge.com/en/about/newsroom/index.page.
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Pacific Gas and Electric CompanyTony Khing, 415-973-4748
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