2023 SDGE ANNUAL REPORT-FINAL 2.29.2024 - Flipbook - Page 5
EXECUTIVE
Our results were driven largely by
direct and subcontractor spend
in core areas such as electric and
gas construction, engineering,
IT, project management and
material procurement. With energy
affordability top of mind, we work
hard to maximize every dollar.
At SDG&E, our values—do the right
thing, champion people and shape
the future—guide our Supplier
Diversity Program.
5
5
Total Procurement Spend*
$2.59 billion
Total Diverse Suppliers Spend
$1.13 billion
Percentage of Spend with
Diverse Suppliers
43.55%
Subcontracting Spend with
Diverse Suppliers
14.85%
Number of Diverse Suppliers in 2023
~600
* Note: This total includes qualifying procurement spend consistent with GO156 requirements.
2023 CATEGORY
HIGHLIGHTS
In 2023, we reached a significant
milestone—surpassing $1 billion in
spend with our diverse suppliers
for the first time in company
history. This represents 43.55%
of our total expenditure on goods
and services—exceeding the CPUC
supplier diversity goal for 19 years
in a row.
2023 SUPPLIER DIVERSITY
HIGHLIGHTS
Summary
Minority Business Enterprise(MBE)
$519.21 million
or 20.03%
Women Business Enterprise
(WBE)
$467.52 million or 18.04%
Lesbian, Gay, Bisexual, Transgender,
Business Enterprise (LGBTBE)
$9.45 million or 0.36%
Disabled Veteran Business Enterprise
(DVBE)
$132.74 million or 5.12%
Supplier Diversity
