PG&E Named One of America’s Most Admired Companies for Supplier Diversity by MBN USA Magazine

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.

    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 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
    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.

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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Contacts

Pacific Gas and Electric Company
Tony Khing, 415-973-4748