- Business Advocacy
Southern California Gas Co. (SoCalGas) announced the company achieved another record year of spending with over 550 diverse business enterprises in 2020 — at $884.2 million, the highest in company history. SoCalGas exceeded the California Public Utilities Commission's (CPUC) goal of 21.5% for the 28th consecutive year by procuring nearly 42% of total goods and services from women, minority, service-disabled veteran, and LGBT-owned businesses.
In addition to spending with diverse enterprises, SoCalGas also invests in the development of these firms. Development opportunities include business assessment programs, entrepreneurship courses, organizational and operation strategy programs, mentorship, and technical assistance. The programs are designed to help diverse suppliers enhance their operations and help ensure success in their business partnerships.
In 2020, SoCalGas purchases with women-owned businesses were surpassed for the 32nd consecutive year, totaling nearly $243 million. The company also marked spend with 135 new diverse firms as well as $192 million in spend with diverse subcontractors. Other 2020 highlights include:
In 2021, SoCalGas plans to continue its best practices in supplier diversity and identifying opportunities for diverse suppliers as the company looks toward the future of energy in California. More information on the company’s mission and strategic priorities can be found at socalgas.com/mission.