By Monica
Stavish Skaggs
The light
will shine on innovation, initiatives and diversity best practices in the
electric industry at Edison Electric Institute’s (EEI) 40th annual Business
Diversity Conference in Atlanta, Georgia, May 21-24, 2024.
The event,
which draws hundreds of attendees, will be at the Hyatt Regency Atlanta.
Panels and
forums will outline public policy trends in the electric industry and how they
impact energy operations related to business diversity programs and business
opportunities for suppliers.
The
conference will showcase diverse businesses and provide networking and personal
development opportunities through quick connection roundtable sessions. Timely
topics will include electric vehicles, business diversity trends, cyber
security, artificial intelligence and thought leadership.
Suppliers
will be able to schedule appointments with energy industry companies and prime
suppliers to discuss their business capabilities.
“The
conference allows small and diverse suppliers to connect with large energy
companies that absolutely want to work with them,” said Courtney Peterson,
EEI’s senior vice president, chief human resources officer and chief diversity
officer.
“These
large companies seek to spend a significant percentage of their dollars with
diverse businesses. The event provides an opportunity to make those
introductions,” she said. “I know people who have attended our conference in
the past and have been inspired to start their own businesses.
“I
encourage diverse suppliers to take a look at our industry,” Peterson added.
“There are so many business opportunities that they may not know about in our
dynamic industry.”
Uplifting
diverse communities
Named for
American inventor Thomas Edison, EEI was founded in 1933. The institute is the
association of all U.S. investor-owned electric companies and more than 70
international electric companies with operations in 90 countries. EEI has
hundreds of industry suppliers and related organizations as associate members.
Its members operate in all 50 states and Washington D.C. and provide
electricity for nearly 250 million Americans. The electric industry is
responsible for 7 million jobs.
Every two
years, EEI completes an economic impact study with its member companies. The
most recent study showed that members spent $25 billion with diverse companies
and supported 232,000 jobs.
“We are
focused on uplifting diverse communities, and this is one tangible way we show
that,” Peterson said. “Our member companies agree that it is important to
establish and maintain strong community connections. This is an example.
Electric companies serve everyone. And we’re proud of that.”
EEI
provides public policy leadership, strategic business intelligence, and
conferences and forums to investor-owned electric companies. The institute also
offers advocacy and education and strategies to move the electric industry
forward. Member companies agree to promote racial and social justice and
diversify their workforces at all levels.
“Our
industry has a shared commitment to diversity, equity and inclusion (DEI),”
Peterson said. “All of our member companies agree to that and are in lockstep
with that commitment. EEI is committed to fostering a culture of respect and
inclusion.”
Distinction
awards
Each year,
the conference presents awards including Business Diversity Excellence,
Business Diversity Innovation, Prime Leadership and Diverse Supplier. The
honors recognize companies for their outstanding efforts to advance development
and purchasing opportunities for diverse suppliers including those owned by
minorities, women, veterans, and LGBTQ within the investor-owned electric power
industry.
“It’s a
really big deal to be celebrating 40 years of the conference,” Peterson said.
“The awards are a longstanding feature, and for the 40th year, there will be a
new award and some surprises.”
This year’s
conference is hosted by Southern Company, a previous winner of the Business
Diversity Excellence Award. The event will honor the vision of its founders
from four decades ago. Peterson is looking forward to doing an episode of EEI’s
Electric Perspectives Podcast with one of them, Charlotte Blount-Lewis. The
podcast will cover how Blount-Lewis and the other founders organized EEI’s
original business diversity event, how the conference has changed over the
years, and the industry’s work to help support diverse suppliers.
“It warms
my heart to know that the work I began on this issue in 1982 has sustained and
evolved over 40 years,” Blount-Lewis said. She joined EEI in February 1982.
Over the next two years, Blount-Lewis met with various organizations, federal
agencies and EEI member companies to discuss minority business development
issues. These discussions led to EEI convening the first Minority Business
Development Conference in May 1984 in Atlanta.
Empowerment
gains strength through connection, Peterson said.
“EEI is a
community of collaboration. ‘Power by Association’ has been the driving force
behind EEI since the beginning,” she said. “Our member companies serve on
different committees including the Business Diversity Executive Advisory
Committee. They are the driving force behind this conference. They are all
participating and driving the conference. Our members are the ones doing this
work.”
To learn
more about EEI, visit eei.org.
To learn
more about the 40th annual Business Diversity Conference, visit the
conference
website.