ESG
segment of people , like providing certain business supplies to minority groups , small and medium business enterprises , women ’ s enterprises , others such as LGBT owners as suppliers , this gives both the company and the supplier benefits .
“ Diversity helps companies to increase the competitiveness between suppliers , as well as increase the base of suppliers . The benefits are both social and economical .”
Where to learn more about diversity in procurement
• Embedding lesbian , gay and bisexual equality in the supply chain
LGBT + charity Stonewall has released a guide : ‘ PROCUREMENT Embedding lesbian , gay and bisexual equality in the supply chain ’ to better advise those who wanted to create a more inclusive environment for employees and clients partner to Stonewall for many years and have a well-established commitment to LGBT equality ”, said Ruth Hunt , Chief Executive at Stonewall .
Equal opportunities leads to business benefits Gurudev Singh , a Columbia Business School graduate based in New Delhi , India , is involved in sustainable procurement at Global Factory 365 . He sees diversity in procurement as a positive , both socially and financially .
“ Most large companies believe in supplier diversity ”, explained Singh . “ Giving equal opportunities to every size of company and
• Procurement with Purpose eProcurement company Jaggaer has created a webinar series Procurement with Purpose : Protecting People , the Planet and Profit . Speakers include Peter Smith , Managing Director at Procurement Excellence and Justin Sadler-Smith , SVP Northern Europe at JAGGAER
• Breaking Barriers : Hire Ground The hosts of Breaking Barriers : Hire Ground detail their personal experiences of uncovering truths about different communities , from Cloe Guidry-Reed ’ s encounter with a women ’ s-only space , to Adam Moore ’ s exchange with a Korean police officer .
The hosts explain how such knowledge has helped them to make more room for inclusivity in procurement .
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