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Supplier Diversity

2012 Corporate Responsibility Report

Opportunities for local and regional businesses

Progress Energy is committed to the development, utilization and growth of local and diverse suppliers, including minority-owned, woman-owned, veteran-owned, disabled veteran-owned and HUBZone-located businesses. Our focus on diverse supplier development extends beyond the partnership with more than 600 diverse suppliers in 2011. Using diverse businesses contributes to the economic growth and expansion of the communities we serve and offers these businesses the opportunity to compete on an equal basis with other companies.

Our Supplier Diversity and Business Development mission is to:

  • Identify and evaluate viable local and diverse businesses;
  • Include the participation of local and diverse businesses in the procurement process and our business plans;
  • Increase business relationships and alliances between the corporate sector and diverse suppliers; and
  • Support and strengthen local and national programs that assist in the economic development of local and diverse firms.

Our relationships with key community partners show how the intentional execution of our supplier diversity policy positively affects our diverse business communities. In July 2011, Progress Energy hosted a one-day symposium in Wilmington, N.C., bringing together 14 leaders from local and state diverse business development organizations and local diverse vendors. The event drew more than 80 attendees, including the N.C. Institute of Minority Economic Development; the N.C. Historically Underutilized Business Office; the National Association of Women Business Owners; and the United Minority Contractors of N.C. This forum fostered best-practice discussions among the business development organizations and provided attendee access to business development services.

Diverse suppliers may register to do business with us online at www.progress-energy.com/supplierdiversity.