In Kentucky, LG&E and KU President and CEO Paul Thompson is helping lead and co-chair Metro Louisville’s community-wide supplier diversity task force — an effort created with the intention of driving meaningful change by increasing spending with diverse businesses on large capital projects.
Established in September 2020, the Equity in Contracting and Procurement Task Force is charged with working to close the community’s wealth gap by supporting Black-, minority- and female-owned business enterprises, as well as businesses owned by those with disabilities. The task force supports supplier diversity initiatives, particularly related to capital projects.
“We are pleased to be a part of an effort that has the potential to drive meaningful change for our city and its diverse population,” said Thompson. “The economic future of our region must include a focus on building Black wealth and expanding other diverse businesses. By focusing our efforts on improving supplier diversity for large capital projects, we can help accelerate change.”