CSR News

Baker Hughes Foundation Contributes $175,000 to Support Supplier Diversity Around the World

Baker Hughes Foundation

The Baker Hughes Foundation announced two supplier diversity grants on Wednesday: a $75,000 grant to the Houston Minority Supplier Development Council (HMSDC) and a $100,000 grant to WEConnect International. Both groups share Baker Hughes’ mission of encouraging inclusive and sustainable economic growth while eliminating inequality within and across countries. 

HMSDC trains minority entrepreneurs in sustainable business practices and links them with organizations that respect diversity and inclusion. WEConnect International certifies women-owned businesses and connects them with a network of corporate buyers to help them succeed in global markets. 

Baker Hughes Foundation

“We are overjoyed to have received this generous grant from the Baker Hughes Foundation, which will allow us to expand our network of women-owned businesses and promote gender-inclusive procurement practices around the world.” WEConnect International CEO and co-founder Elizabeth A. Vazquez remarked, “We share Baker Hughes’ vision of advancing sustainable economic growth and reducing inequality, and we look forward to working together to create more opportunities for women entrepreneurs in the energy sector and beyond.” 

“The HMSDC is thrilled and honored to be the recipient of a Baker Hughes Foundation grant.” To address the equity gap in communities of color, we think that diverse enterprises must understand and meet the business sustainability needs of today’s corporate and government supply chains,” stated HMSDC President Ingrid M. Robinson. “This grant allows us to share sustainability best practices with minority-owned businesses and help them develop and integrate sustainability focused policies and processes that will allow them to grow their businesses.”