SAN FRANCISCO–(BUSINESS WIRE)–Pacific Gas and Electric Company (PG&E) was recently inducted into the Women’s
Business Enterprise (WBE) Hall of Fame for its support of supplier
diversity and women’s business development. This national non-profit
organization, which is in its eighth year of celebrating women-owned
businesses and their advocates, named PG&E as the Corporate Leadership
inductee at the annual awards program in Dallas on Nov. 29.
“Our diverse suppliers help us provide safe, reliable, affordable and
clean energy to one of the most diverse customer bases of any energy
company in the nation. We’re proud to have played a role in helping our
suppliers, especially women-owned enterprises, grow and develop into
viable entities. It’s all about working together to build a better
California and a sustainable supply chain for the industry,” said PG&E
Vice President of Supply Chain Management Gun Shim.
In 2015, PG&E spent a record $1.2 billion with women-owned businesses,
representing an increase of $174.8 million (17.4 percent) from 2014.
Over the past five years, the company’s spend with women-owned
businesses has grown by $385.5 million (48 percent). PG&E’s spend with
women-owned enterprises was a portion of an all-time high of $2.5
billion in spend—more than 40 percent of the company’s total spend—with
diverse suppliers during 2015.
PG&E’s support of women-owned businesses has been nationally recognized.
Earlier this year, the Women’s Business Enterprise National Council
(WBENC) named PG&E as one of America’s top
companies for women-owned businesses.
The company has also received numerous honors for its work with diverse
suppliers. Among the acknowledgements PG&E has received this year
National Gay and Lesbian Chamber of Commerce (NGLCC): PG&E was
recently named 2016
Corporation of the Year for its outstanding support and dedication
to ensuring fairness and equal opportunity for LGBT suppliers,
customers and employees.
National Minority Supplier Development Council (NMSDC): PG&E
recently became the first local or regional enterprise to receive the Gazelle
Award for its success in accelerating the growth of minority-owned
United States Hispanic Chamber of Commerce (USHCC): For the
third straight year, PG&E was named to the USHCC’s
“Million Dollar Club” for actively demonstrating a commitment to
minority and women-owned enterprises through their work with minority
Black Enterprise Magazine: PG&E was named by the
publication as one of the 50
Best Companies for Diversity. One of the considerations was the
percentage of spend with minority-owned businesses.
The Greenlining Institute: PG&E received an “A” from the
organization for its 2015
supplier diversity success and having the highest spend amongst
the 19 California utility companies graded by the institute.
Minority Business News USA Magazine: PG&E was named to
the publication’s 2016
Corporate 101: Most Admired Companies in Supplier Diversity. The
list recognized companies that drive minority business development
through their commitment to supply chain responsibility.
Diversity Inc.: PG&E was named as one
of the top utilities in the United States for diversity by one of
the nation’s leading publications on diversity and business.
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/
Pacific Gas and Electric Company
Tony Khing, 415-973-5930