California American Water Celebrates Spending More Than 50% of Procurement Budget With Diverse Businesses
American Water Works Company, Inc. (AWK)
Last american water works company, inc. earnings: 2/18 04:37 pm
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Source: Business Wire
Company Spends $68.7 Million With Diverse Suppliers SAN DIEGO--(BUSINESS WIRE)--California American Water is proud to announce the release of its annual Supplier Diversity Report, "Celebrating the Beauty of Diversity," to the California Public Utilities Commission (CPUC). The report highlights the company's continued commitment to fostering a diverse and inclusive supply chain, exceeding the CPUC’s goals for 2023.“We are thrilled to share another outstanding year for Supplier Diversity at California American Water,” said Kevin Tilden, President of California American Water. “Since embracing this critical initiative, we've consistently met or surpassed the CPUC’s goals, and 2023 was no exception. In fact, this year marks our highest spend with diverse businesses since we began tracking our results 15 years ago.”California American Water surpassed the CPUC's 2023 target of investing 22.5 percent of its total procurement budget with diverse suppliers, achieving a remarkable 50.49 perc
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