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News Archive 2005
News Release
Date: June 2, 2005
Entergy Earns Top Award for Supplier Diversity
New Orleans, La. - Entergy 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,
- Using a measurable, results-oriented process to establish annual procurement goals,
- 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.
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