On March 16, 2016, Michel Landel, Chief Executive Officer, Sodexo and Janet Awad, Regional Chair of Latin America and Country President, Sodexo Chile, were awarded with the 7 Principles WEPs CEO Leadership Award, which recognizes a company for for their demonstrated commitment to and implementation of policies that advance and empower women in the workplace, marketplace and community.
Philanthropy Impact magazine recently published an article by CEO and Co-Founder of WEConnect International Elizabeth A. Vazquez on the social impact of buying from women.
"Many impact investors are identifying creative new ways to invest in women’s economic empowerment by investing in social enterprises owned by women. This movement has huge potential for impact because when women’s enterprises grow, the women create jobs and tend to invest back into their families and communities.
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.