Skip to Main

The State of Supplier Diversity: Opportunities – and Headwinds – to Achieving Women & Diverse Supplier Goals

By 2025 companies globally expect to increase their spend with women and minority owned suppliers by 50%.

Many large global and regional companies are communicating these goals with Women Business Enterprises (WBEs) and Minority Business Enterprises (MBEs) in ESG reports and public communications as part of diversity, equity and inclusion efforts.

But from the perspective of the diverse suppliers themselves, there's another story that isn't being told.

HHB's research helped us to better understand what headwinds companies are facing and what opportunities exist to achieve these short and long-term supplier diversity goals. To learn more about why we found that companies will attract and retain more WBEs and MBEs with an evolved, equitable approach...

Read & Download our high-level research & offering here.

To see the full research study or learn more about a Think Tank session with our Equity Business Council, please reach out here.