Alpharetta, GA – July 29, 2024 – The Utility 2030 Collaborative (U2030) is thrilled to announce its certification under the California Public Utilities Commission (CPUC) Supplier Diversity Program (GO 156) through The Supplier Clearinghouse. This prestigious certification recognizes U2030 as a diverse supplier. To qualify for CPUC certification, at least 51% of the business is owned by one or more individuals who are women, minorities, LGBT, or persons with disabilities, and the business management and daily operations must be controlled by one or more of those individuals. U2030 is 90 percent women owned.
Importance of GO 156 Certification for Utilities
Compliance: GO 156 covered entities can only count purchases with CPUC-certified diverse suppliers in annual filings, ensuring compliance with CPUC regulations.
Reliable Database: All GO 156 covered entities use the CPUC Supplier Clearinghouse database when searching for diverse suppliers, providing a trusted source for procurement needs.
Networking and Development: The certification offers local, regional, and national referrals among GO 156 covered entities and access to sponsored educational and business development seminars, workshops, and training.
General Importance of Supplier Diversity
Innovation and Fresh Perspectives: Diverse businesses bring unique perspectives and innovative solutions that can drive growth and improvement.
Enhanced Reputation and Customer Trust: A company's commitment to diversity and inclusion enhances its reputation and builds trust with customers and stakeholders who value social responsibility and equitable practices.
Economic Growth and Community Support: Supporting diverse businesses stimulates economic growth and helps build stronger, more resilient communities through a more equitable distribution of opportunities and resources.
Better Decision Making: Diverse teams are known for making better decisions due to the variety of viewpoints and experiences that lead to more thorough and well-rounded decision-making processes within utility companies.
Regulatory Compliance and Competitive Advantage: Meeting regulatory requirements and showcasing a commitment to diversity can provide a competitive edge.
About Utility 2030 Collaborative (U2030)
The Utility 2030 Collaborative fosters innovation and transformation within the utility sector. Based in Alpharetta, Georgia, U2030 brings together industry leaders, technology experts, and stakeholders to address evolving challenges and opportunities in the energy and water landscape. Through events, topical center of excellence meetings, how-to transformation resources, utility advisory services, the Women Who SPARK Awards program, and a commitment to community service, U2030 is revolutionizing how utilities operate and deliver services.
Media Contact
Marlene Rosenberry
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