Procurement is playing a more strategic role in achieving environmental, social and governance (ESG) goals, facilitating transparency and communication between buyers and suppliers and enabling agility during disruptive times. Given that 60-90% of a company’s ESG footprint lies with its…
Amazon & UPS recently announced plans to invest millions to support local minority-owned businesses with access to capital, resources and training. Amazon.com Inc. will invest $150 million in venture capital firms, accelerators, incubators and venture studios that provide funding to…
The Minority Businesses Matter Europe Report, the most comprehensive study ever done on the effects of minority-owned companies in Europe, was published a couple of weeks ago. Minority-owned businesses, of which there at least 800,000, are making a significant contribution…
The replays of the 6th University of St. Gallen Inclusion Week online & hybrid sessions from September 12-16, 2022, are now available. In case you missed it; I hosted an online session about Supplier Diversity & Inclusion, which was also…
Many thanks Victoria Mallinckrodt for including me in this important article on the World Economic Forum page; How to move towards more inclusive procurement in Europe. Highlights include an overview of the benefits of a more diverse supply chain and…
I have not seen anything like this in Europe YET(?)! What a great initiative by The Port Authority of New York / New Jersey posted at JFK. They are encouraging MWBE’s (Minority and/or Women-owned Business Enterprises) to become certified vendors…
There is absolutely no reason for an EITHER OR … on the contrary, an inclusive sourcing program supports and complements a company’s ESG efforts in its supply chain. Many companies think of ESG solely in terms of sustainability. In fact,…
A diverse workforce certainly leads to natural diversity in the supply chain, as purchasing decisions are made by multiple people. And those who do not prioritize diversity among employees weaken their own competitive position, not just in procurement. A study…
What an inspiring few days, at the largest supply chain diversity and inclusion conference to be held in Europe in 2022. The MSDUK conference and awards ceremony will take place in London on September 8-9, starting with International Day in…
What an inspiring evening at yesterday’s Veuve Clicquot Bold Woman Award 2022 and the Future Award 2022 at the Aura in Zurich, Switzerland. Veuve Clicquot has given away the Veuve Clicquot Bold Woman Award 2022 for the 17th time since…
