PSEG continues to maintain a corporate policy and commitment to support small, certified minority, certified women and veteran business owners and to develop an advanced supplier diversity process that is fully integrated into our company culture. Our commitment to a supplier list that reflects our customer base and offers a wide range of perspectives and capabilities is a bottom-line business decision and a customer-driven component of our corporate strategy.

At PSEG, our policy is to encourage the development and use of minority and women-owned businesses consistent with established corporate goals.

PSEG's Supply Chain Management Organization will measure, market and manage all supplier diversity goals and initiatives. Tier II efforts enlist PSEG's prime suppliers to participate and create supplier diversity strategies and goals for the products and services they supply. By providing opportunities to diverse businesses at both the first and Tier II levels, PSEG expects to gain a competitive advantage.

Supplier Diversity is good business for PSEG, strengthens our customer base and supports the economic base of the communities we serve. Our success depends on our ability to reduce costs, provide better service to our customers and develop new products and services. We recognize that diverse suppliers play a key role in helping us achieve these goals.