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Entergy Earns Top Award for Supplier Diversity

Entergy Earns Top Award for Supplier Diversity

Published 06-02-05

Submitted by Entergy Corporation

NEW ORLEANS - Entergy (NYSE: ETR) was recently awarded by The Edison Electric Institute (EEI) with the industry's 2005 Supplier Diversity Award. This award, which began in 1985, goes to the company that displays the highest level of leadership and commitment to ensuring the active participation of minority and women-businesses in the American economic system. The award was presented to Entergy on May 17, 2005 during EEI's annual Supplier Diversity Conference -- held at the Westin Long Beach Hotel in Long Beach, CA.

Entergy was recognized for a wide variety of initiatives to expand business opportunities for minority and women-owned businesses. These include:

  • Expanding the use of minority and women-owned firms in non-traditional purchasing activities,
  • Emphasizing its supplier diversity program and its goals and objectives within the corporation and throughout all its service areas to achieve the greatest potential for participation,
  • Creating a 'user friendly' on-line registration Web site to review potential suppliers,
  • Establishing a world-class second tier sourcing initiative.
  • "Entergy has spent nearly $2.0 billion with diverse suppliers since becoming the first and only U.S. electric utility holding company to sign a Declaration of Fair Share Principles with the National Association for the Advancement of Colored People," said Walter Loyd, director of sourcing support. "This cooperative agreement affirms the Company's commitment to advancing diversity in its Board of Director representation, employment/upward mobility, philanthropic giving and procurement."

    Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $10 billion and approximately 14,000 employees.

    Entergy's online address is www.entergy.com

    Entergy Corporation Logo

    Entergy Corporation

    Entergy Corporation

    Entergy is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

    Corporate Social Responsibility at Entergy

    For more than 100 years, Entergy has powered life in our communities through strategic philanthropy, volunteerism and advocacy. Entergy’s corporate social responsibility initiatives help create and sustain thriving communities, position the company for sustainable growth and are aligned with the United Nations Sustainable Development Goals. Our top CSR priorities are education/workforce development, poverty solutions/social services and environmental programs. Entergy annually contributes $16-$18 million in shareholder-funded grants to approximately 2,000 nonprofit organizations in the communities where we operate. In addition, our employees volunteer more than 100,000 hours in those communities' values at more than $3 million.

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