As a leading driver of equitable economic growth, company again surpasses its goal for the inclusion of diverse suppliers and for expanding relationships with them
"Diverse companies are a vital source of economic growth and opportunity for communities in our region, and we have a responsibility to grow their key role in our work to enhance the reliability, safety, and resiliency of the electric and natural gas systems serving our customers," said
In 2009, BGE voluntarily committed to the
BGE also established a diverse business empowerment process dedicated to developing relationships with
BGE's Diverse Business Empowerment (DBE) team works closely with the company's Supply organization to explore opportunities to grow diverse supplier spend. This effort includes:
*Actively sharing bid opportunities with DBE, which in turn researches and pre-qualifies diversity certified suppliers to participate in sourcing events;
*Forecasting potential sourcing opportunities with diverse suppliers to assist with goal setting, ensuring supplier diversity goals are achievable;
*Ensuring that DBE information is communicated to internal clients and to external, non-diverse suppliers for utilization of diversity certified subcontractors;
*Regular reporting of progress to BGE senior leadership; and
*Reviewing current contracts to ensure maximized diverse supplier opportunities.
As part of BGE's commitment to supplier diversity, the company encourages prime contractors to increase their own diverse supplier spend. Prime contractors working on BGE's energy delivery systems spent
Diversity, equity, and inclusion is a core foundational value for BGE and its parent company, Exelon, both in the workplace and in its engagement with customers and the communities it serves.
Exelon invites prospective suppliers to register and create a profile that includes pertinent information, including their diversity status. To register and be considered as a supplier, companies can access the SMART by GEP tool via exeloncorp.com/suppliers.
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About BGE
BGE is
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