Social Sustainability
Supplier Diversity
Deliberately buying from businesses owned by under-represented groups — procurement as an equity lever.
Definition
Supplier diversity is a procurement practice that actively includes businesses owned by under-represented groups — women, ethnic minorities, disabled people, veterans, LGBTQ+ owners and small local enterprises — in sourcing opportunities. Programmes set targets, require diverse bidders, use third-party certification of ownership (such as WEConnect and NMSDC), and report diverse spend; US federal contracting includes statutory small and disadvantaged business goals.
Overview
The overview for this term is being prepared.
Review
Help keep this definition useful and accurate.
Submitted reviews stay private until an editor decides whether to accept and attribute them.
Contribute to this entry
How would you like to contribute?
Every endorsement and suggested edit is checked by an editor before anything changes publicly.