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Investing in Diverse Suppliers

We create opportunities for minority- and women-owned businesses to grow and thrive.

For over half a century, we have demonstrated our commitment to the community by increasing our spending with diverse suppliers. Con Edison understands that adding diverse suppliers to our supply chain is not just an ethical obligation but also a business benefit: The more diverse businesses that are allowed to develop, the more they stimulate the economy.

We recognize supplier diversity as an opportunity to leverage the dollars we spend to spark economic growth within our service territory. In 2023, we:

  • Spent $569 million with diverse suppliers and $702 million with small businesses
  • Launched EquiTEA (Transformational, Engagement, and Action) roundtables to help remove barriers for diverse suppliers.
  • Held three roundtables with Asian,women, and Black-owned businesses and helped over 25 companies increase their visibility, enhance their participation, and be positioned to bid for contract opportunities.

Our Green Energy Opportunities and Clean Energy Training programs have helped us build a network of partners that shares Con Edison’s dedication to diversity and our goal of a clean energy future.

Through these collaborations, we leverage energy efficiency projects paid for by Con Edison to create contract opportunities for Minority and Women-Owned Business (MWBE) subcontractors and jobs for low-income New York City housing residents.

So far, the Clean Energy Academy has:

  • Yielded over $30 million in contract opportunities for MWBE subcontractors.
  • Trained 1,020 New Yorkers to date in electrical and mechanical building systems, such as lighting, HVAC, and refrigeration.

We will continue to work with our partners to support and grow this program; in fact, the academy has secured $3.6 million to train more than 1,600 students in 2024.

This innovative program supports our diversity goals while helping Con Edison achieve its goals of reducing energy use and related costs for customers.