Krystle Sands , Head of Supplier Diversity for the EMEA region on Meta ’ s global mission to foster opportunities for diverse-owned companies
META
Krystle Sands , Head of Supplier Diversity for the EMEA region on Meta ’ s global mission to foster opportunities for diverse-owned companies
Meta ’ s mission is to give people the power to build community and to bring the world closer together .
According to Krystle Sands , Meta ’ s Head of Supplier Diversity for the EMEA region , this holds true for her team ’ s work as well . “ When it comes to supplier diversity , Meta ’ s goal is to create opportunities for diverse-owned companies to do business with Meta , and the people and communities that Meta connects .”
This principle of ’ connection ’, acts as a sort of subtle double-entendre in Meta ’ s vision , since it simultaneously means bringing people together ; and also empowering them to network through its technologies .
Supplier diversity at Meta is one of ambitious proportions , but it has already exceeded expectations both in terms of its reach and its impact .
In 2020 , the company announced their public commitment to invest a minimum of US $ 1bn with diverse-owned suppliers and US $ 300mn with black-owned businesses .
“ We surpassed that goal in 2021 , with an amazing recorded spend of US $ 1.4bn globally with diverse-owned companies , and US $ 306mn with specifically blackowned businesses in the United States . And we ’ ve been focusing on continued progress , says Sands .”
68 January 2024