Supplier Diversity & Development Historical Overview
Entergy has long been recognized as a business partner of choice that works
with the people in the communities in which we serve. In 1987, Entergy
Corporation became the first electric utility holding company in the United
States to pledge all its operating companies to the National Association for
the Advancement of Colored People's (NAACP) Declaration of Fair Share
Principles (the Corporation still holds this distinction), advancing
opportunities for African-Americans and other ethnic minorities in four major
aspects of its business operations:
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Board of Director Representation
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Employment and Upward Mobility
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Supplier Diversity (Procurement)
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Philanthropic Contributions
Since that time, Entergy has accumulated and spent more than $2 billion with
minority and women-owned suppliers over the last 10 years who provide a wide
range of products and services. Supplier Diversity and Development has
received several awards and recognitions as one of the top utility Supplier
Diversity Initiatives in the country.
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1992 – Began to track expenditures with women-owned firms
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1995 – Signed 10 year agreement with GSA
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1999 – Established a leadership role with New Markets Initiatives supporting
BusinessLINC, an economic development partnering initiative between
corporations and small businesses located in impoverished areas of the
Mississippi River Delta Region: Contributed $5 million to Enterprise
Corporation of the Delta for loans to qualifying businesses. Initiated a
Mentor-Protégé Program – began working with firms including one in Bastrop,
Louisiana, and expanding throughout Entergy’s service territory
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2006 – Entergy signed its second 10 year contract with U.S. General Services
Administration (GSA) & U.S. Small Business Administration (SBA)
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2007 – Entergy’s 20th year Anniversary of the first electric utility holding
company to sign the NAACP Fair Share Agreement
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