SUSTAINABILITY
Why is supplier diversity important ? Supplier diversity is a strategic business imperative . When you talk about supplier diversity and sustainability , it ’ s akin to when we look at our employee and customer bases . When we have diversity in those areas we ’ re assured not only economic growth but also the opportunity for continued advancement , innovation and creativity .
How does DE & I fit into sustainable development ? Sustainable development goals must be part of the same discussion . At Citi we have a document called ‘ Banking on 2030 ’. This is based on our goal of ensuring sustainable development is integrated into both supplier diversity and sustainability .
What does a diverse supply chain look like ? When we talk about supplier diversity and diverse suppliers we are looking at minorities , women , the LGBTQE communities , small businesses , veterans service and disabled veterans .
When it comes to countries , we look at what the country law indicators are . For example , in the United States , Citi is a member of the National Minority Supplier Development Council , the National Gay Lesbian Chamber of Commerce and the Women ’ s Business Enterprise National Council .
In other countries , we are a member of similar organisations , and this is important for us because supplier diversity is a global programme , and we look at our suppliers
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