SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced that it spent $2.58 billion with diverse suppliers in 2017, accounting for 42.25 percent of its total procurement. For the sixth straight year, diverse suppliers accounted for $2 billion-plus of the company’s spend and more than 40 percent of PG&E’s total spend for the fifth consecutive year.
In addition, PG&E eclipsed the California Public Utilities Commission’s (CPUC) diverse spending goal of 21.5 percent for the 12th year in a row.
“Diverse suppliers are key contributors in helping us serve our customers today and create the energy network of tomorrow. In turn, through our longstanding support of supplier diversity, PG&E has fostered economic opportunities in numerous local communities across California. We are committed to continuing our work with diverse suppliers as we strive every day to help build a better California,” said Pacific Gas and Electric Company President and Chief Operating Officer Nick Stavropoulos.
For nearly four decades, PG&E has been committed to supporting a diverse supply chain. The company has developed one of the leading supplier diversity programs in the energy industry.
In addition to maintaining high levels of spend with diverse suppliers, PG&E has focused on elevating the quality of its supplier diversity program by addressing key success factors for suppliers.
One of the ways PG&E has supported diverse suppliers is by producing multiple workshops throughout the year which educate small and diverse businesses on how to compete for utility business. PG&E’s technical assistance and capacity building initiatives have helped businesses become more competitive.
The company has actively supported the development of its diverse suppliers through mentorship, scholarships, opportunity identification and value chain analysis. In addition, PG&E’s Supplier Development Program has matched 30 diverse suppliers with PG&E senior executive mentors.
PG&E’s Supply Chain Responsibility website contains more information about the program. The site also provides details on how to become a certified diverse supplier.
In 2017, PG&E received numerous national accolades for its supplier diversity efforts:
- The company received an “A” for its work in 2016 from the nationally-known Greenlining Institute, an organization dedicated to racial and economic justice.
- For the fourth consecutive year, PG&E was named to the United States Hispanic Chamber of Commerce’s “Million Dollar Club” for its spend with Hispanic-owned businesses in 2016.
- PG&E became the first California utility to be named to the Billion Dollar Roundtable, an exclusive group of United States-based corporations that have attained $1 billion or more in certified diverse supplier spend.
- For the ninth straight year, PG&E was named as one of the top utilities for diversity by DiversityInc., one of the nation’s leading publications on diversity and business.
What Diverse Suppliers Are Saying About Working with PG&E
“PG&E is extremely supportive of diverse suppliers. ALOM works with multiple Fortune 100 companies, and PG&E ranks in the top when it comes to supporting, tracking and including diverse companies. PG&E’s visionary approach to supplier diversity and program solutions aligns perfectly with ALOM’s innovation strategy. As a result, we’ve been able to deliver exceptional value and cost savings for PG&E while pushing ourselves to develop highly sustainable solutions and innovative new technology to streamline complex order management and material fulfillment programs.”
-- Hannah Kain – President and CEO, ALOM
ALOM is a woman-owned supply chain management company based in the San Francisco suburb of Fremont. For 10 years, ALOM has provided PG&E’s Solutions Marketing Team with various cost-efficient purchasing and fulfillment services. ALOM also supports the company’s Energy Savings Assistance program for income-qualified customers.
“Utility construction presents numerous challenges, particularly for a company experiencing growth. Thanks to PG&E and their supplier development program, however, we have been able to grow our safety, quality and project management capability while also expanding our service offerings and field resources. Additionally, in collaboration with PG&E, our management team has participated in training and mentoring sessions that have allowed our company to transition from a small business to a fully sustainable design-build contractor.”
-- Michael Robirds, President and CEO, MDR INC (DBA as Accu-Bore)
MDR INC (DBA Accu-Bore) is a certified Disabled Veteran Business Enterprise offering innovative design-build solutions for gas and electrical distribution infrastructure installation throughout California.
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies 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.