PG&E Receives an “A” for Supplier Diversity From Greenlining Institute
28 September 2016 - 5:00AM
Business Wire
Pacific Gas and Electric Co. (PG&E) received a grade of “A”
for its 2015 supplier diversity efforts from The Greenlining
Institute. The grade, recently released in the organization’s 2016
Supplier Diversity Report Card, is the highest the energy company
has received from the Berkeley, Calif.-based policy, research,
organizing and leadership group that works for racial and economic
justice.
“We very much value the Greenlining Institute’s annual report
card and its advocacy of supplier diversity. Over several decades,
PG&E has focused on working with suppliers that reflect the
diversity of the communities we serve—and giving those suppliers
opportunities to grow,” said PG&E Chairman, CEO and President
Tony Earley.
In its report card, Greenlining praised PG&E for its
supplier diversity success “because its supplier diversity team
works closely with the company’s lines of business and with their
prime suppliers to identify diverse businesses that can meet their
needs.” In its executive summary, Greenlining acknowledged PG&E
for being the top spender in 2015 amongst the 19 California utility
companies graded with a minority business enterprise (MBE) spend of
$1.6 billion.
The organization gave PG&E an “A” grade for its spend with
African American, Native American and women of color (minority
women) spend and an “A-“ for MBE spend. Greenlining commended
PG&E for its “comprehensive financial literacy support for
Accelerated Pay Program participants and an intensive Supplier
Development Program focused on mentorship.”
Greenlining’s report card scored companies on their supplier
diversity performance in California. The organization took four
best practices into consideration in giving PG&E its “A”
grade:
- Include supplier diversity in
procurement decisions from the very start.
- Incentives for employees to better
incorporate diversity into their day-to-day work.
- Require diversity commitments from
prime contractors.
- Focused capacity-building, technical
assistance, and mentorship support that help suppliers get better
at what they do best.
PG&E has been committed to supporting a diverse supply chain
for 35 years while developing one of the state’s leading supplier
diversity programs. In 2015, PG&E spent a record $2.5 billion
with diverse suppliers, accounting for 44 percent of its total
procurement budget while spending more than $2 billion for the
fourth consecutive year.
Over the last 12 months, PG&E’s supplier diversity program
has been nationally recognized:
- In August, PG&E made Minority
Business News USA Magazine’s (MBNUSA) 2016 Corporate 101: Most
Admired Companies in Supplier Diversity.
- In May, PG&E was named as one of
the top utilities in the nation for diversity by DiversityInc.
- In March, PG&E was recognized as
one of America’s top companies for women-owned businesses by the
Women’s Business Enterprise National Council.
- Last December, Earley was named to
MBNUSA’s 2015 “Best of the Decade” list for PG&E’s long track
record of supporting minority business development. In addition,
PG&E Director of Supply Chain Responsibility Joan Kerr was
inducted into the publication’s Circle of Honor.
PG&E’s Supplier Diversity website contains more information
about the program. The site also provides details on how to become
a certified diverse supplier.
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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