PG&E Celebrates 30 Years of Supplier Diversity Excellence Utility Procured 33% of Products and Services from Diverse Suppliers in 2010
Release Date: April 21, 2011
Contact: PG&E External Communications (415) 973-5930
SAN FRANCISCO, Calif. — Pacific Gas and Electric Company's (PG&E) Supplier Diversity program recently reached two milestones: exceeding the company's 30% spending goal with diverse businesses and celebrating the 30th anniversary of the program. The utility was also named by DiversityInc magazine to its list of top 10 companies nationwide for supplier diversity.
"Our ongoing commitment to diversity and inclusion is essential to our success as the leading utility in California. Being more reflective of the communities we serve will better enable us to anticipate and respond to our customers' needs," said Chris Johns, President of PG&E. "Using our purchasing power to support women-, minority- and service-disabled veteran-owned businesses will enhance the diversity of businesses in California. And these actions will enrich the communities where our customers live and work."
Despite the challenges of a poor economic climate, PG&E continued its commitment to expand opportunities for competitively qualified diverse suppliers. By the end of last year, the company spent more than $1 billion, or 32.7 percent of PG&E's procurement funds, on products and services from businesses owned by minorities, women and service-disabled veterans. Also, for the third consecutive year, PG&E has been recognized for its strong diversity practices by DiversityInc, a leading publication on diversity and business.
According to DiversityInc, "PG&E has exemplary supplier-diversity best practices, including integrating supplier diversity into overall business goals, having the head of supplier diversity report to the head of procurement, and clearly communicating, internally and externally, its supplier-diversity achievements."
PG&E was also awarded Corporation of the Year by the Northern California Minority Supplier Development Council (NCMSDC), a California based non-profit focused on promoting minority supplier development.
While diversity and inclusion have long been hallmarks of PG&E's heritage, the company deepened its commitment in recent years by appointing a chief diversity officer, providing training to all members of its leadership team, and increasing its focus on identifying, developing and recruiting diverse talent.
For more information on PG&E's diversity and inclusion commitment or to learn how to apply to become a certified diverse supplier, visit www.pge.com/about/company/diversityinclusion/.
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 20,000 employees, the company delivers some of the nation's cleanest energy to 15 million people in Northern and Central California. For more information, visit http://www.pge.com/about/newsroom/.