This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

PG&E's Spending With Women-Owned Businesses Topped Half A Billion Dollars In 2012

Stocks in this article: PCG

SAN FRANCISCO, March 15, 2013 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced that its total spending with women-owned business enterprises reached an all-time high of $659 million, an increase of $145 million over 2011.

As a result of PG&E's efforts with women's business enterprises (WBEs), the utility has been selected by the Women's Business Enterprise National Council (WBENC) as one of the recipients of the 2012 America's Top Corporations For Women's Business Enterprises Award, the highest national award honoring corporations that level the playing field for WBEs to compete for corporate business. In addition, the utility is recognized by Professional Women's Magazine this month for having one of the "Best of the Best" supplier diversity programs in the nation.

During an award presentation on March 14 in Baltimore, Md., WBENC recognized 32 corporations for developing and driving innovative best practices that result in productive business partnerships with women entrepreneurs, and valuable products and services for their customers.

"Thanks to the extraordinary leadership of PG&E as one of America's Top Corporations for WBEs, women's businesses are generating strategies and solutions for meeting the fast-changing needs of today's marketplace. Together they are driving the innovation that fuels a stronger economy and creates jobs," said Pamela Prince-Eason, President and CEO of WBENC, a leading authority on and advocate for WBEs as suppliers to the nation's leading corporations and government entities.

Following a thorough annual evaluation of the nation's supplier diversity programs, Professional Women's Magazine named PG&E's Supplier Diversity program as one of the "Best of the Best" in the nation. The goal of the annual evaluations is not only to bring the latest information and guidance to the magazines' readers, but also to encourage active outreach and diversity policies among corporations and government agencies. The studies are further designed to help corporate and government leaders compare and contrast their performance in diversity and the success achieved within their industries.

"PG&E enthusiastically supports the economic health of the communities in which we live and work as a major purchaser of goods and services," said Des Bell, PG&E's Chief Procurement Officer and Senior Vice President of Safety and Shared Services. "Diverse suppliers are helping us to deliver safe, reliable, and affordable gas and electric service to our customers. It's an honor to receive this recognition – especially during Women's History Month – as we continue our efforts to integrate more women-owned businesses into our supply chain."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs