DIVERSITY: Best Practices in Action

As TXU competes in the Texas electric market, it is transforming itself into a world-class industrial company. Diversity within the work force and supplier base of our communities is a distinct competitive advantage that is helping us achieve our goals of high human performance, operational excellence and market leadership.

Work-Force Diversity
TXU recognizes the value of having a diverse work force. Creating and maintaining an environment where differences are valued and respected enhances TXU’s ability to recruit and retain the best talent in the marketplace. As TXU continues to promote and maintain an environment that fosters creativity, productivity and mutual respect, the company becomes the employer of choice by recognizing and using the value that each individual brings to the workplace. The importance of diversity at TXU was evidenced in 1996 by its chief executive’s appointment of an officer-level Diversity Steering Committee to provide oversight and direction to diversity initiatives. Under the direction of the current steering committee, TXU adopted a business plan for work-force diversity in 2004 that is a blueprint for continuing diversity initiatives and developing and implementing new initiatives. TXU recognizes that the right thing to do with respect to diversity is also the right thing to do for long-term financial success.

Supplier Diversity
Since 1991, TXU has been a leading supporter of supplier diversity, committed to the development and use of companies owned and operated by women and minorities. A progressive initiative in this area broadens the economic vitality and prosperity of communities. Affording all qualified suppliers an opportunity to participate in the procurement and sourcing process makes good business sense and contributes to TXU’s corporate journey toward being a leading high-performance industrial company. In 2004, TXU’s expenditures with diverse suppliers were more than $250 million, bringing cumulative spending since 1991 with companies owned by women and minorities to over $2.3 billion.

As a result of these efforts, TXU’s supplier diversity initiative was recognized in 2004 by the Women’s Business Enterprise National Council as one of America’s Top Corporations for Women Business Enterprises, and TXU received Corporation of the Year awards from the Dallas/Fort Worth Minority Business Council and the Women’s Business Council-Southwest. Other awards for this thriving program are listed in the awards section.