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

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."

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