Top 10 diverse procurement companies

Diversity in procurement is now a recognised driver of growth and is fast becoming a KPI. Here's our list of the Top 10 diverse procurement companies...

Diverse procurement companies are those that have policies and practices in place to support and do business with suppliers from diverse backgrounds.

This includes suppliers that are owned or controlled by individuals or groups that are traditionally underrepresented or marginalised, such as women, minorities, members of the LGBTQ+ community, and people with disabilities.

By doing business with these suppliers, diverse procurement companies help to level the playing field and promote economic inclusion.

Here's our list of the Top10 diverse procurement companies:

10. TIAA

TIAA is a leading financial services company that offers retirement, investment, and banking services. The company is dedicated to promoting diversity, equity, and inclusion both within their organisation and in their procurement practices.

TIAA recognises that diversity drives innovation and fosters a positive work environment. They are committed to creating a workplace where all employees feel valued and included, regardless of their background or identity.

TIAA is a financial services company that not only provides retirement, investment, and banking services, but also values diversity, equity, and inclusion. Through their supplier diversity program and other initiatives, TIAA is actively working to promote a more diverse and inclusive business environment.

9. Northrop Grumman Corporation

Northrop Grumman is a prominent global aerospace and defence company that offers a range of products and services in the areas of defence, security, and technology. The company recognises the importance of promoting diversity, equity, and inclusion both within their organisation and in their procurement practices.

In addition to their supplier diversity program, Northrop Grumman is dedicated to creating a culture of inclusion within their organisation. They understand that a diverse and inclusive workforce leads to better outcomes, drives innovation, and creates a more positive work environment.

Northrop Grumman's commitment to diversity and inclusion extends beyond their supplier diversity program and workforce. The company is dedicated to giving back to the community and supporting programs that promote diversity and inclusion.

8. Mastercard Incorporated

Mastercard is a leading global financial services company that provides a range of payment and technology solutions. The company is committed to promoting diversity, equity, and inclusion both internally and in their procurement practices.

Mastercard recognises the importance of diversity in driving innovation and business success. That's why they have implemented a supplier diversity program that seeks to work with diverse suppliers, including businesses owned by minorities, women, and the LGBTQ+ community. Through this program, Mastercard is creating economic opportunities for underrepresented groups and promoting inclusivity in their supply chain.

By partnering with diverse suppliers, Mastercard can tap into new ideas and perspectives that help them better serve their customers. In turn, this strengthens their business and contributes to building a more inclusive economy. Mastercard believes that supplier diversity is a win-win for both the company and the community.

7. Johnson & Johnson

Johnson & Johnson is a leading multinational company in the pharmaceutical and medical device industry, providing a range of healthcare products.

The company recognises the importance of diversity, equity, and inclusion in their organisation and supply chain, and as such, they have made it a priority to promote these values both internally and in their procurement practices.

One of the ways Johnson & Johnson demonstrates their commitment to diversity is through their supplier diversity program.

The program seeks to work with diverse suppliers, including businesses owned by minorities, women, and veterans.

Johnson & Johnson believes that supplier diversity is essential for promoting economic growth and providing opportunities for underrepresented groups.

6. Hilton Worldwide Holdings Inc.

Hilton is a globally renowned hospitality company that boasts a vast portfolio of hotel brands.

While providing world-class hospitality services, the company is also committed to promoting diversity, equity, and inclusion within their organisation and supply chain.

Hilton's supplier diversity program is a crucial component of their commitment to diversity, equity, and inclusion.

Through this program, the company seeks to work with and support suppliers from diverse backgrounds, including minority-owned, women-owned, and veteran-owned businesses.

Hilton recognises the importance of promoting economic opportunities for underrepresented groups and has made it a priority to include them in their supply chain.

5. EY (Ernst & Young LLP)

EY is a multinational professional services firm that provides a comprehensive range of audit, tax, and advisory services.

Beyond their primary mission, the company is dedicated to promoting diversity, equity, and inclusion both within their organisation and through their procurement practices.

EY understands that a diverse and inclusive workplace creates a more innovative and productive environment. As part of this commitment, they have implemented a supplier diversity program that seeks to support and work with suppliers from diverse backgrounds.

The program focuses on including businesses owned by underrepresented groups, such as minorities, women, and members of the LGBTQ+ community, in their supply chain.

4. Cox Communications, Inc.

Cox Communications is not just a company that provides cable, internet and phone services to its customers.

They are committed to building a diverse and inclusive workplace where everyone feels valued, respected, and supported.

This commitment is reflected not only in their internal policies and practices but also in their procurement processes.

Through their supplier diversity program, Cox actively seeks out and works with suppliers from diverse backgrounds.

They understand the importance of creating economic opportunities for underrepresented groups and have made it a priority to include minority-owned, women-owned, and veteran-owned businesses in their supply chain.

By doing so, they not only contribute to the growth of these businesses but also help to build more inclusive communities.

3. Comcast Corporation

Comcast is a prominent media and technology company that provides cable, internet, and entertainment services to its customers.

Comcast's commitment to promoting diversity is evidenced through its supplier diversity program, which aims to integrate diverse businesses such as minority-owned, women-owned, and LGBTQ+ businesses into its supply chain.

The company recognises that supplier diversity is a critical component of creating a more inclusive economy and has prioritised working with diverse suppliers to drive innovation and support underrepresented communities.

Through its robust supplier diversity program, Comcast is leading the way in promoting economic opportunity and social responsibility.

2. AT&T Inc.

AT&T is a telecommunications giant that provides a variety of wireless, broadband, and entertainment services to consumers.

The company is dedicated to advancing diversity, equity, and inclusion not only within its corporate culture but also in its procurement practices.

AT&T's supplier diversity program is designed to foster a diverse supply chain by actively engaging with diverse suppliers such as minority-owned, women-owned, and veteran-owned businesses.

The company's commitment to working with a wide range of suppliers demonstrates its goal of promoting economic opportunity for underrepresented communities while simultaneously improving the quality of the goods and services it provides.

1. Accenture

Accenture is a global professional services firm that offers a range of consulting, technology and outsourcing services.

The company is widely recognised for its commitment to diversity, equity and inclusion both within its organisation and in its procurement practices.

Accenture's supplier diversity program is one of the ways the company demonstrates its commitment to diversity.

The program seeks to include diverse suppliers in its supply chain, including businesses owned by minorities, women and members of the LGBTQ+ community.

The company also partners with small and medium-sized enterprises (SMEs) and businesses in emerging markets to foster economic growth and sustainability.

What sets Accenture's supplier diversity program apart is its focus on inclusion and innovation.

The program provides diverse suppliers with access to mentorship, networking and training opportunities to help them grow their businesses and thrive in the marketplace.

Accenture also works closely with its diverse suppliers to identify innovative solutions that can enhance its business operations and deliver better value to its clients.

In addition to its supplier diversity program, Accenture is committed to promoting diversity and inclusion within its organisation and fostering a culture that embodies diversity throughout its operations.

The company has established a range of diversity initiatives and programs, including employee resource groups, diversity and inclusion training and leadership development programs for underrepresented groups.

These efforts have earned Accenture recognition as one of the most diverse procurement companies in the world.

The company has received numerous awards for its supplier diversity program, including the National Minority Supplier Development Council's Corporation of the Year award, and the Women's Business Enterprise National Council's America's Top Corporations for Women's Business Enterprises award.

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