As of today, despite all our best supplier diversity efforts, only 6.1% of the total US corporate spending goes to black, women and other under-represented suppliers. The other 94% of corporate spend represents a vast untapped opportunity to positively impact equality. Most of this 94% of non-diverse spend is with very large suppliers and we will not achieve gender equality without these large organizations taking a stand.
The Coalition For Gender Fair Procurement is looking to urgently address this issue with the simple aim of leveraging the multi-trillion dollar spending power of corporate procurement as a lever to provoke immediate progress from large organisations towards gender equality. It is only by coming together as an industry that we can make meaningful progress towards gender equality and create a new procurement standard for gender equality.
Attend this session for an introduction to the coalition for gender fair procurement and to hear the simple steps we can take together to advance gender equality.
Contributors: LogitechCategories: 2022 Fall - Rancho Mirage, Summit Presentations