Supply Chain
Supply Chain
We are committed to ensuring our high environmental, safety and social standards extend throughout our supply chain. Our procurement process includes considerations of sustainability in our contracting and sourcing process.
Supplier Diversity Program
TXNM Energy has an active Supplier Diversity program. We participate in several small business and supplier diversity events and even though we are not required to meet supplier diversity spend targets, we make every effort to identify and support small and diverse businesses in the communities we serve.
Our Sourcing department maintains a database of small and diverse businesses that have registered with our company. That database is sorted by commodity/category. The Sourcing organization monitors entities that have registered with us in categories that might be aligned with suitable activities so that they can be considered for appropriate opportunities.
In addition, we capture our spend with small and disadvantaged businesses so that we have an indication of our activities in supporting those companies with lesser footprints and leverage.