Valuing a diverse business environment
Business diversity and inclusion is about increasing opportunities and ensuring fair access. Since the 1970s, we have maintained a Supplier Diversity Program that promotes the use of diverse suppliers. We proactively promote and seek opportunities to work with qualified small, disadvantaged, women-owned, veteran and service-disabled veteran-owned, and minority-owned business enterprises.
Our culture of respect for people makes us a stronger, more successful company. In the most recent federal reporting period, from Oct. 1, 2018 through Sept. 30, 2019, small and diverse businesses received more than $641 million in contracts, including:
- $102 million with small disadvantaged businesses.
- $105 million with women-owned businesses.
- $199 million with minority-owned businesses.
- $42 million with veteran-owned and service-disabled veteran-owned small businesses.
We are also committed to diversity among our external banking partners. We have formed partnerships with a target group of minority, women and disabled veteran broker dealers and we have a strong commitment toward supporting this sector. Over many years, we have engaged these firms on various capital markets opportunities as they arise.
In addition, our company proudly supports and is a founding member of the Florida State Minority Supplier Development Council, whose mission is to link corporations and government agencies with Minority Business Enterprises (MBEs) to foster business development and expansion.
Small and diverse companies interested in becoming a supplier should register their interest at www.fpl.com/suppliers.