SAN FRANCISCO–(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 Suppliers
PG&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.
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 Initiatives
As 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
Over the last two years, the company has also
played host to small and diverse business workshops to educate women,
American, Asian American, Hispanic
American and Native American), disabled
veteran and LGBT
enterprises on how to do business with PG&E and other companies.
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 Councils
has an active presence with minority business organizations such as
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
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.
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/
Pacific Gas and Electric Company
Tony Khing, 415-973-4748