PG&E Receives an “A” for Supplier Diversity From Greenlining Institute

SAN FRANCISCO–(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:

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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Contacts

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