Corporate Governance - Business Policies
Supplier Diversity
It is the policy of Pepco Holdings, Inc., and its affiliates (collectively, “PHI” or the “Company”) that all employees and others who work at PHI will comply fully with all applicable federal, state and local laws, rules, regulations, agreements and orders relating to the inclusion of small, minority, and protected class businesses in procurement of goods and services.
What Does this Mean at the Company?
PHI recognizes its responsibilities to the communities it serves and the customers with whom they conduct business. One of PHI's strongest assets is the diversity of the customers and business communities it serves. Leveraging these assets to achieve corporate objectives is good business and helps strengthen the regional economies.
In addition, PHI recognizes the value that the PHI Supplier Diversity brings to the Company. PHI’s purchasing procedures include the use of minority and protected class business enterprises. PHI’s Supplier Diversity initiatives ensure that qualified minority and protected class suppliers are appropriately included in the competitive procurement process for both goods and services.
