PG&E Receives an “A” for Supplier Diversity From Greenlining Institute

SAN FRANCISCO–(BUSINESS WIRE)–Pacific Gas and Electric Co. (PG&E) received an overall “A” grade for
its 2016 supplier diversity accomplishments from The
Greenlining Institute. This is the second consecutive year the
energy company achieved top marks in Greenlining’s recently released 2017
Supplier Diversity Report Card.

“We very much value the insights in Greenlining Institute’s annual
report card and the group’s advocacy of supplier diversity. PG&E
recognizes that diverse suppliers are essential partners in helping us
improve the services we provide to our customers. Their expertise and
innovation are key to helping us build California’s energy network of
tomorrow. At the same time, working with diverse suppliers increases
economic opportunities in our local communities,” said Pacific Gas and
Electric Company President and Chief Operating Officer Nick Stavropoulos.

Annual grades for supplier diversity performance by California’s
utility, telecommunications and water companies are issued by the
Oakland, Calif.-based policy, research, organizing and leadership
coalition that works for racial and economic justice.

In its report card, Greenlining said, “PG&E continues to lead the
utilities in supplier diversity in both performance and dedication to
its program.” Out of the four California energy companies included in
the report, PG&E’s 2016 diverse spend of $2.85 billion was the highest.
Greenlining noted PG&E has “increased procurement in almost every
reporting category between 2015 and 2016.”

Greenlining also gave PG&E an “A” grade for its spend with minority
women and service-disabled veteran business enterprises. In addition,
PG&E received an “A-” grade for its spend with all minority business
enterprises.

Greenlining’s report card scored companies on their supplier diversity
performance in California. The organization took three factors into
consideration in giving PG&E its “A” grade:

• PERFORMANCE AND PROGRESS: A letter grade is assigned for each
  category of diverse spend based on a company’s performance relative to
  its peers in “legacy” utilities such as energy, cable, telephone and
  wireless companies.
• INFRASTRUCTURE AND INVESTMENT: This factor gauges a company’s
  commitment to supplier diversity. Among the considerations: when a
  supplier diversity program was implemented and its five-year track
  record. PG&E’s diverse supplier spend has been at least $2 billion
  since 2012.
• NUMBER OF SUPPLIERS ENGAGED: Greenlining’s analysis includes,
  but doesn’t grade, the company’s number of diverse suppliers. The
  number of suppliers provides context for how dollars—and
  opportunities—are distributed amongst suppliers. In 2016, PG&E worked
  with more diverse suppliers (978) as direct suppliers and
  subcontractors than the other three energy utility companies.

PG&E has been committed to supporting a diverse supply chain for 36
years while developing one of the state’s leading supplier diversity
programs. In 2016, PG&E spent a record $2.85 billion with diverse
suppliers, accounting for 44 percent of its total procurement budget.

Over the last 12 months, PG&E’s supplier diversity program has been
nationally recognized:

• In May, PG&E was named as one of the top
  utilities in the nation for diversity by DiversityInc.
• Last December, PG&E was inducted into the Women’s
  Business Enterprise Hall of Fame for its support of supplier
  diversity and women’s business development.
• Last December, PG&E was named Corporation
  of the Year by the National Gay and Lesbian Chamber of Commerce
  for its outstanding support and dedication to ensuring fairness and
  equal opportunity for LGBT suppliers, customers and employees.

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 energy companies 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.

Contacts

Pacific Gas and Electric Co.
Media Relations, 415-973-5930