March 3, 2015 (San Diego)-- San Diego Gas & Electric (SDG&E) announced another strong year of purchasing goods and services with diverse suppliers, exceeding the California Public Utilities Commission’s (CPUC) diverse spending goal for the ninth year in a row. In 2014, SDG&E reported that 44.4 percent or nearly $492 million of products and services were purchased from women, minority, and service-disabled veteran-owned businesses.
“At SDG&E, we value diversity not only because it’s good for business and benefits the community, but also because these efforts give rise to new ideas, promote cost savings and keep us connected to the communities we serve,” said Jeff Martin, chief executive officer of SDG&E.
The 2014 results were driven by the utility’s core business, such as electric distribution operations, operations support and electric transmission and system engineering. Diverse suppliers contributed 72 percent of spend or $353.7 million in these areas.
“SDG&E is a leader in the effective implementation of a world-class supplier diversity program,” said Ron Garnett, President and CEO of Council for Supplier Diversity. “In 2014, they won our Corporation of the Year for Supplier Diversity Leadership Award. This recognizes a corporation that has served as a role model in the area of supplier diversity. SDG&E has been a consistent partner in helping to create economic opportunity in our underserved communities.”