An important part of our strength here at BGE comes from diversity in all that we do - and our Supplier Diversity Program is a great example. For more than 16 years BGE has developed strategic partnerships with diverse suppliers to bring a variety of products and services to the utility. Our Supplier Diversity Program is designed to bring the added value of diversity to our procurement process by proactively seeking small, minority-, women- and service disabled veteran-owned enterprises.
BGE's policy is to continue to develop and strengthen business relationships. We participate in a number of outreach efforts and encourage diverse suppliers to participate in the procurement process. Tapping into the power of our region's diverse supplier base is an effective way to strengthen our company, as well as fuel our community's economy. In fact, BGE's diversity philosophy has proven to be overwhelmingly beneficial not only to our business, but also to our employees, customers and the communities we serve.
We're proud of the success we have had and are excited about future opportunities. Thank you for you interest and your support.
Sincerely,Calvin G. Butler Jr. Chief Executive Officer, BGE
Due to the nature of the utility business, many procurement opportunities may limit participation by small businesses. BGE‘s 2nd Tier Spend Program increases the opportunities available to diversity certified suppliers in our business and ensures a diversity certified supplier pool across the supply chain. We believe these efforts will stimulate the local economy by creating jobs.
2nd Tier spend consists of payments made from a prime supplier to a diversity certified supplier for the purchase of products or services used directly in support of a contract with BGE.
BGE has partnered with Johns Hopkins and BLocal through the sharing of best practices on how to develop minority, women and locally owned businesses and build capacity within a disadvantaged and underdeveloped segment of our community.
As part of our overall commitment to diversity and inclusion, BGE has:
We will share the successes of our award-winning Focus Forward initiative and its mutual benefits to BGE and diverse suppliers, discuss ways to support each other, including reviewing the existing market of suppliers and leveraging shared procurement opportunities. This initiative was integral to BGE exceeding our goal of 23% total procurable spend from diversity-certified suppliers – reaching 26% in 2016 and 29% in 2017, representing $283 million.
Learn more about supplier diversity qualifications, what we buy and applying.
Get more information on groups that help aid diverse suppliers in Central Maryland.
For more information about BGE's Supplier Diversity Program, please use the contact information below.