2023 SDGE ANNUAL REPORT-FINAL 2.29.2024 - Flipbook - Page 39
9.1.7 DESCRIPTION OF EFFORTS TO RECRUIT DIVERSE
SUPPLIERS IN LOW-UTILIZATION CATEGORIES
We continue to focus on increasing the number of diverse suppliers as well as the spend in low-utilization categories. In 2023 we
spent $1.78 million, or 4.72% of our total financial services spend with diverse suppliers. In the legal services area, $2.58 million or
21.92% was spent with diverse firms.
Financial Services
Financial services remain an important part of our outreach efforts. Our executives and stakeholders are aware of the importance
of penetrating this service sector and are assisting in actively seeking out qualified, diverse suppliers for specific financial reviews
and audits.
Finance – 2019 to 2023
($ and %)
Millions
4
10%
2
4.06%
4.72%
4.57%
5%
3.66%
2.25%
$1.55
$1.55
2020
2021
$1.78
$1.18
$0.66
0
0%
2019
38
38
2022
2023
Supplier Diversity