Shell seeks out minority, women-owned businesses

Discussion created by jillian.sherburne Champion on Sep 28, 2015

Royal Dutch Shell PLC subsidiary seeks out minority, women-owned businesses - Houston Business Journal

Houston Business Journal

A Houston-based executive from Shell Oil Co., a subsidiary of Royal Dutch Shell PLC (NYSE: RDS.A), sounded a call at a Houston event to minority and women owned businesses.

Shell Oil Co., a Houston-based U.S. subsidiary of Dutch energy giant Royal Dutch Shell PLC (NYSE: RDS.A), aims to increase its supplier diversity, largely characterized by the use of minority- and women-owned suppliers, by 40 percent over the next few years, said Debra Stewart, director of supplier diversity and diversity outreach at Shell Oil Co.

"We picked a heck of a time to do this, but we've got to do it," said Stewart at an energy forum hosted by the Houston Hispanic Chamber of Commerce on Sept. 18.

In order to potentially cash in on this diversity target, business owners must be certified by an affiliate of the National Minority Supplier Development Council, the Women's Business Enterprise National Council, or both.

In 2013, fewer than a third of the 77 Pennsylvania-based gas operators replied to a legally-mandated survey asking them to document their use of small diverse businesses. Among the companies that did reply, about half said they did not employ any businesses owned by women, minorities or veterans, according to a 2014 report from National Public Radio.

Great coverage of Shell and Debra Stewart promoting gender parity and supplier diversity regardless of market cycles and shifting oil prices.

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