CORPORATE MEMBER PG&E SETS RECORDS WITH $2.5 BILLION IN 2015 DIVERSE SPEND

According to a March 8, 2016 press release issued by corporate member PG&E, the company spent a record $2.5 billion with diverse suppliers in 2015, accounting for 44 percent of its total procurement.

For the fourth straight year, diverse suppliers accounted for $2 billion-plus of the utility’s spend and more than 40 percent of the utility’s total spend for the third year in a row.

“By building a supplier network that taps into California’s extraordinary diversity, we are helping to create greater economic opportunity in our local communities as we work to provide our customers with energy that is safe, reliable, affordable and clean,” said PG&E Chairman, CEO and President Tony Earley.

Read the press release.