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PG&E Ranked as One of the Top Utilities in the Nation For Diversity

04/30/2015

DiversityInc Places Company Among the Best For Seventh Straight Year

SAN FRANCISCO--(BUSINESS WIRE)-- 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’s leading publications on diversity and business.

“At PG&E, diversity and inclusion isn’t just a core value, it’s a way of life. We serve some of the nation’s most diverse communities. Our belief in these standards help us to work together with all of our communities to build a better California,” 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 recognizing the value and importance diversity brings to their organizations.

“With more than 1,000 companies participating, the competition for a spot on the DiversityInc Top 50 and Specialty Lists was up over 30 percent this year,” 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’s rank is based on objective analysis of 183 separate factors, based on data from a 300-question survey submitted by participating companies.

PG&E’s leadership strongly supports the company’s commitment to diversity and inclusion – 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’s top diverse supply chains. For the last three years, diverse suppliers have accounted for more than $2 billion of PG&E’s spend and more than 40 percent of the utility’s spend for the second consecutive year.

PG&E’s Supplier Diversity program has received recognition from national organizations. Among the recent honors:

PG&E’s Supplier Diversity website contains more information about the program. The site also provides details on how to become a certified diverse supplier.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit www.pge.com/ and www.pge.com/en/about/newsroom/index.page.

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Source: Pacific Gas and Electric Company

Pacific Gas and Electric Company

Tony Khing, 415-973-5930

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