Our supplier diversity policy at LG&E and KU is to develop significant partnering relationships with diverse businesses to maximize opportunities for them to participate with us as suppliers, contractors and subcontractors of goods and services. Our policy also ensures strict compliance with all regulatory agency requirements as well as with federal, state and local procurement regulations and programs.
All employees with significant spending authority are expected to consider diverse businesses as direct suppliers and to encourage LG&E and KU's primary suppliers to do the same.
While the company's executive management assumes accountability for the Supplier Diversity Program, our Supplier Diversity Department administers the program. The Supplier Diversity Department's responsibilities include, but are not limited to:
- Designing and implementing a world-class supplier diversity program to meet LG&E and KU's existing and future needs;
- Identifying company-wide contracting and purchasing opportunities in which we ensure that diverse businesses have the opportunity to bid competitively;
- Identifying diverse businesses to bid on opportunities throughout the company; and
- Participating in minority business development organizations and activities to promote LG&E and KU's commitment to supplier diversity.