SoCalGas Exceeds California's Supplier Diversity Procurement Goal for 31st Consecutive Year, Purchasing Over 44% of all Goods and Services from Diverse Businesses in 2023
Over
"As SoCalGas advances its mission to build the cleanest, safest, most innovative energy infrastructure company in America, we are proud that our supplier network reflects the diversity of the customers we serve," said
"As the
Over the last seven years, SoCalGas has spent nearly
"With a record of surpassing the state's supplier diversity goals for 31 consecutive years, SoCalGas has demonstrated a strong commitment to championing diverse businesses. While there is still more work to be done, their partnerships with diverse businesses, from mom-and-pop catering enterprises to construction firms, have created opportunities, jobs and a positive impact that is vital to
2023 report highlights:
- 618 diverse suppliers worked with SoCalGas
-
86.9% of diverse business suppliers based in
California - 2,693 businesses received technical assistance
-
152 new diverse firms, totaling
$54 million -
$
716 million
Minority Business Enterprises (MBE) – exceeded CPUC's 15% (about$347 million ) minority business enterprise MBE goal for the 25th straight year -
$
229 million
Women Business Enterprises (WBE) – surpassed CPUC's goal 5% (about$116 million ) for 36th consecutive year -
$
74 million
Disabled Veteran Business Enterprises (DVBE) – up 34.5% from 2022 -
$277 million Diverse Subcontracting
"Our company has provided construction services since 1991, working on major projects throughout the state. As a proud Native American owned business and a certified Minority Business Enterprise, working with companies like SoCalGas allows us to continue expanding our projects and supporting infrastructure that directly impacts
"BuildOUT California, the LGBTQ+ community's first construction industry association, shares SoCalGas' mission to expand opportunities for diverse businesses throughout the state. By developing partnerships with small, diverse businesses, we uplift communities leading their industries," said
"The Veterans in Business Network helps connect Veteran businesses with Corporations and Government Agencies for contracting opportunities, we also provide a variety of resources to support owners. We are so thankful that companies like SoCalGas provide us with opportunities that support our mission and uplift Veterans facing the challenges of owning a business," said
SoCalGas' ASPIRE 2045 sustainability strategy includes a goal of achieving 45% spending with diverse business enterprises by 2025. ASPIRE 2045 sets forth SoCalGas' goal to achieve net zero greenhouse gas emissions in the company's operations and delivery of energy by 2045, as well as goals related to safety, DE&I in the workplace, and investment in underserved communities.
Many companies benefit from business development programs and services offered by SoCalGas' supplier diversity team, such as:
- SoCalGas' Smaller Contractor Opportunity Realization Effort (SCORE) program helps prepare smaller diverse suppliers with revenues of under
$5 million and less than 25 employees, to participate in SoCalGas procurement opportunities.- In 2023, SoCalGas' expenditures with 107 SCORE suppliers were over
$129 million .
- In 2023, SoCalGas' expenditures with 107 SCORE suppliers were over
- Scholarships for 10 diverse business owners to attend the
Management Development for Entrepreneurs Program atUCLA Anderson School of Management's Harold andPauline Price Center for Entrepreneurship & Innovation each year.
To learn more about SoCalGas' supplier diversity programs, visit https://www.socalgas.com/for-your-business/supplier-diversity.
*California Public Utilities Commission Supplier Diversity Program, see
https://www.cpuc.ca.gov/supplierdiversity/
About SoCalGas
Headquartered in
SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep bills affordable for customers. SoCalGas is a subsidiary of
For more information visit socalgas.com/newsroom or connect with SoCalGas on X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.
In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.
Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S.
These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.
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