Economic inclusion and business diversity
We recognize that supplier diversity creates a competitive advantage for our company and positively impacts the global community. Enabling small and diverse businesses to share and grow in the global market will allow us to compete more effectively.
Creating economic empowerment through diversity & inclusion
We create economic opportunities by procuring products and services from small businesses and from minority-, women-, veteran-, veteran disabled-, service disabled, disability-, and lesbian, gay, bisexual and transgender (LGBT)-owned business enterprises. As a member of the Billion Dollar Roundtable, we’ve committed to spending $4.4 billion by 2030 and have developed an enterprise-level strategy to meet our goals.
Spending with diverse Tier 1 and 2 suppliers globally
Read our Impact Report 2022/2023
Building a world-class program
To successfully manage a world-class diverse supplier program, we’ve implemented tools to foster the growth, sustainability and increased competitiveness of our suppliers. These include:
- Sustainability planning
- Mentoring
- Robust second-tier program
- Scholarships
- Other external educational opportunities
Our policy
It’s our policy to provide maximum practical opportunity to small and diverse suppliers to deliver/offer goods and services to the company as part of our corporate procurement process. The use of small and diverse suppliers is an integral part of our purchasing procedures.
