Cable Companies Fail to Hire Minority-Owned Suppliers, New Report Finds
Comcast, Cox Communications Both Get “F” Grades in Greenlining Supplier Diversity Report Card
Utility, telecommunications and water companies regulated by the California Public Utilities Commission continue to report overall growth in contracting with suppliers owned by people of color, women, disabled veterans and LGBT people, reports The Greenlining Institute in its latest Supplier Diversity Report Card. Still, some companies lagged, and results for particular groups were decidedly mixed.
Key findings of the report, compiled from 2018 data reported to the CPUC in 2019, include:
Additional findings include:
“The groundbreaking supplier diversity efforts taken on by utility companies under the guiding principles of the California Public Utilities Commission’s General Order 156 have helped break the ‘old-boy network’ and create opportunities for diverse entrepreneurs,” said Greenlining Institute President and CEO Debra Gore-Mann. “We have seen that when commissioners make this effort a priority, it can generate unprecedented results. If our state is to remain competitive, regulated firms and their spending should reflect the demographics of our state.”
In 2018, the firms analyzed in Greenlining’s Supplier Diversity Report Card spent a combined $39.2 billion with outside contractors. Supplier contracts represent enormous opportunities for a wide variety of businesses owned by people of color and other marginalized groups and include things like construction, transportation, and business and legal services. Greenlining analyzed how much each company spent on Minority Business Enterprises (including African American, Asian American/Pacific Islander, Latino, and Native American-owned companies) and women-, LGBT- and disabled veteran-owned business enterprises. Overall, the utilities spent a combined $9.2 billion on businesses owned by people of color, a slight improvement over 2017.
To learn more about The Greenlining Institute, visit www.greenlining.org.
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