Negocios Now

Supplier Diversity Edition

Negocios Now is the Hispanic Business Publication in Chicago with National Distribution

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www.negociosnow.com 12 Octubre 2019 NegociosNow NegociosNow COMED INCREASES THE SPENDING IN DIVERSITY CERTIFIED COMPANIES A big step. 2018 was another successful year for ComEd's partnership with diversity certified suppliers. ComEd spent $718 million with these suppli- ers, a year-over-year increase of $7 million. This represents an increase in diversity certified spend from 36% of total supply chain expen- ditures in 2017 to 39% in 2018, a year-over-year increase of 3%, the highest percentage of diverse spend in ComEd history. Increasing the total dollars spent and percentage of diversity certified supplier inclusion is a significant achievement consid- ering total supply chain spend decreased by approximately $140 million. This truly represents ComEd's commitment to grow both the amount of spend and the percent of total spend with diverse sup- pliers. The chart nearby reviews ComEd's diverse supplier spend over the past seven years, reflect- ing an upward trajectory wholly consistent with ComEd's stated commitment. ComEd's 2018 expenditures represent a growth of $3.8 billion in annual diversity certified sup- plier spend during the seven-year span from 2012-2018. In 2018, ComEd continued to increase its spending with minority-, women-, and veteran-owned businesses, and achieved a record percent- age of total dollars expended with diversity certified suppliers—39% of its total spend.

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