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August 11, 2023

Sempra companies invest more than $2.4 billion in diverse businesses

Submitted by sempra_hoa on
SDG&E, SoCalGas and Oncor contribute to strong local economies and sustainable growth

A pie chart illustrating Sempra’s spending, totaling $2.4 billion, with diverse suppliers in 2022Sempra’s family of companies spent more than $2.4 billion last year with diverse businesses, according to the 2022 Corporate Sustainability Report.

Sempra’s investment in developing a diverse supplier pool is crucial to the company’s overall vision to deliver energy with purpose. By investing in diverse businesses, we can help support long-term prosperity within the communities we serve.

Here’s a glance at Sempra’s supplier diversity numbers from 2022:

San Diego Gas & Electric

  • 18th consecutive year exceeding CPUC 22% diversity spending goal

  • Nearly $1 billion (40%) spent with diverse suppliers

  • Nearly 90% of diverse suppliers located in California and nearly half were local companies in the San Diego region

Southern California Gas Company

  • 30th consecutive year exceeding CPUC 22% diversity spending goal

  • More than $1 billion (43%) spent with diverse suppliers

  • Extensive outreach included collaborating with 32 organizations and more than 40 virtual and in-person events to meet and identify new, diverse suppliers

Oncor

  • $355 million total diverse supplier spend

  • Veteran Business Enterprise and Minority/Women Business Enterprise represented close to 11% of total supplier spend

  • Total diverse supplier spend supported more than 5,500 total jobs and more than $541 million in value-added production

Throughout the Sempra family of companies, individual commitment and collective action helps advance diversity and inclusion. Sempra’s commitment to supplier diversity is a key component of broader efforts to continuously look for new and better ways to serve customers and their communities. By supporting diverse local companies, Sempra and its family of companies has contributed to the strength and agility of our supply chain, while increasing reliable services and returns for our shareholders.

For more information about supplier diversity at each company, visit the following websites:
SDGE.com | SoCalGas.com | Oncor.com