For the seventh straight year, Pacific Gas and Electric Co. (PG&E) has been named as one of the DiversityInc Top Five Utilities by DiversityInc, one of the nation鈥檚 leading publications on diversity and business.
鈥淎t PG&E, diversity and inclusion isn鈥檛 just a core value, it鈥檚 a way of life. We serve some of the nation鈥檚 most diverse communities. Our belief in these standards help us to work together with all of our communities to build a better California,鈥� said PG&E Vice President of Talent Management and Chief Diversity Officer Laura Butler.
While PG&E has a long-standing commitment to diversity and inclusion, today, even more companies are recognising the value and importance diversity brings to their organisations.
鈥淲ith more than 1000 companies participating, the competition for a spot on the DiversityInc Top 50 and Specialty Lists was up over 30% this year,鈥� said DiversityInc Founder and Chief Executive Officer Luke Visconti.
Companies are evaluated within the context of their own industries. Their performance is assessed in four key areas of diversity management:
- Talent pipeline.
- Equitable talent development (including commitments to mentorship and philanthropy).
- CEO/leadership commitment.
- Supplier diversity.
Each company鈥檚 rank is based on objective analysis of 183 separate factors, based on data from a 300 question survey submitted by participating companies.
PG&E鈥檚 leadership strongly supports the company鈥檚 commitment to diversity and inclusion 鈥� from an inclusive board of directors with a diverse representation, to required diversity and inclusion training for the leadership team. In addition, the utility has a history of grassroots Employee Resource Groups (ERG) that goes back more than four decades.
For the last 12 years, PG&E has been named as one of the best places to work by the Human Rights Commission, the largest civil rights organization working to achieve equality for lesbian, gay, bisexual and transgender Americans. In February, Senior Vice President and Chief Financial Officer Kent Harvey was named Outstanding Corporate Leader of the Year by the National Gay and Lesbian Chamber of Commerce.
The utility also has one of the nation鈥檚 top diverse supply chains. For the last three years, diverse suppliers have accounted for more than US$2 billion of PG&E鈥檚 spend and more than 40% of the utility鈥檚 spend for the second consecutive year.
PG&E鈥檚 Supplier Diversity program has received recognition from national organisations. Among the recent honors:
- In March, PG&E was named one of America鈥檚 top corporations for women鈥檚 business enterprises by the Women鈥檚 Business Enterprise National Council (WBENC).
- Last September, PG&E was named to the US Hispanic Chamber of Commerce (USHCC) 鈥淢illion Dollar Club鈥� for spending a record US$554 million with Hispanic-owned businesses in 2013.
Adapted from press release by