META
Supplier Diversity : European , Global The European Supplier Diversity Project started as a way to help ethnic minority businesses in Europe to do business with corporates like Meta . Their objective is to expand certification to six new markets in Europe , and Meta is a founding member of that programme .
“ The Global Supplier Diversity Alliance on the other hand , will act as a governing body laying out a framework for country and regional supplier diversity initiatives . They will be investing in world class research into the business case for supplier diversity at country and regional levels , and will support other advocacy bodies to grow their certification programmes .”
Through the web of these programmes , and fittingly , the interconnectivity that they represent , we can see the network of Meta ’ s supplier diversity initiatives steadily expanding across the globe .
“Diverse suppliers have an enormous impact on their communities . They employ people ; they pay rent ; they bring massive value to our economies ”
KRYSTLE SANDS HEAD OF SUPPLIER DIVERSITY FOR THE EMEA REGION , META
Orienting Meta ’ s supplier-diversity initiatives Sands says that for 2023 , Meta will continue to provide opportunities and increase spend with diverse-owned businesses . “ We ’ ll be looking at our tooling and using data-driven decision making to build on them to ensure that stakeholders can make well-informed buying decisions .
“ We ’ ll also be prioritising our external corporate relationships to share best practices and collaborate as part of a wider community .”
78 January 2024