MGM Resorts International Named One of America's Top Corporations For Women's Business Enterprises
Categories: Fair Trade & Supply Chain, Corporate Social Responsibility
Posted: Mar 12, 2014 – 01:13 PM EST
LAS VEGAS, Mar. 12 /CSRwire/ - MGM Resorts International (NYSE: MGM) is one of "America's Top Corporations for Women's Business Enterprises," according to the Women's Business Enterprise National Council, a national leader in women's business development and certification.
The "Top Corporations" list is the only national award program honoring corporations for leading Supplier Diversity initiatives that are proactively integrating Women's Business Enterprises into their supply chains. Companies named to this list will be honored at the WBENC Summit & Salute to Women's Business Enterprises taking place March 18-20, 2014 in New Orleans, LA.
"Our Top Corporations know that stronger WBEs will drive new sources of revenue, deepen customer satisfaction and generate a stronger economy," said Pamela Prince-Eason, President and CEO of WBENC. "We applaud MGM Resorts for its longstanding commitment to making diversity a priority for its procurement programs, and we are delighted to recognize them with this well-deserved award."
MGM Resorts is the sole company in the integrated resort industry, and the only company based in Nevada, to earn a spot on WBENC's latest list. Other companies named to the list include: AT&T, Coca-Cola, IBM, PepsiCo, and UPS, among others.
"On behalf of our 62,000 employees, we count it a true honor to be recognized by WBENC as a national leader in opportunities for women enterprises in our supply chain," said Phyllis A. James, Executive Vice President and Chief Diversity Officer. "Not only does our supplier diversity program widen the pool of competitive providers of products and services available to us, but it also enables us to forge relationships with qualified businesses that are reflective of our diverse community to our mutual business benefit."
Since introducing its Supplier Diversity Program in 2001, MGM Resorts has contracted with more than 200 women-owned suppliers, resulting in a cumulative total of more than $512 million in company expenditures. The program is part of a larger company diversity initiative that has been recognized by leading diversity publications including: DiversityInc, Black Enterprise and HispanicBusiness.
For more information about the MGM Resorts Supplier Diversity Program, please visit: www.mgmresorts.com/csr.
About WBENC
Founded in 1997, WBENC is the nation's leader in women's business development and the leading third-party certifier of businesses owned and operated by women, with more than 12,000 WBENC-Certified WBEs. WBENC certification is accepted by more than 1,000 corporations representing America's most prestigious brands, in addition to many states, cities and other entities. Throughout the year, WBENC and its 14 Regional Partner Organizations provide opportunities for interactions between more than 650 member corporations, government agencies and thousands of certified WBEs at business building events and other forums. WBENC is a 501(c)(3) nonprofit organization. For more information, please go to www.wbenc.org.
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company also owns 51% of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is in the process of developing a gaming resort in Cotai, and 50% of CityCenter in Las Vegas, which features ARIA Resort and Casino. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
Sonya Padgett Manager of Corporate Communications