For more than 30 years, EEI has recognized electric utility companies with one of the highest supplier diversity honors in the energy business. The award is for demonstrated leadership and commitment in developing purchasing relationships with businesses owned by minorities and women.
EEI evaluated businesses applying for the award on several criteria, including their designated supplier diversity staff; written corporate policy; measurable goals and objectives; outreach to internal and external target groups; commitment to coaching, mentoring and training diverse suppliers; and innovation in employee engagement with supplier diversity.
“Our supplier diversity efforts reach out to diverse businesses while strengthening the communities we serve,” said Brad Rives, chief administrative officer for LG&E and KU. “Last year alone, LG&E and KU worked with 140 diverse businesses with a total spend of approximately $133 million.”
EEI noted the company’s efforts to promote diverse businesses, both internally and externally, and its progressive improvement in attracting, developing and retaining diverse suppliers for more than 10 years.
“We continually look for innovative ways to build relationships with new, diverse vendors, and we promote those relationships to our larger community,” said Stephanie Pryor, manager of supplier diversity.