The ever-growing emphasis on building sustainability and resilience within the supply chain means that more companies are investing in diversity, equity and inclusion (DEI) initiatives as part of their environmental, social and governance (ESG) goals. Paying attention to DEI is one way businesses can be internally accountable and outwardly transparent about their social impact and responsibilities.
According to Hootology’s Corporate Diversity Index, consumers who perceive a brand as being committed to DEI are three times more likely to consider their products or services, compared to those who do not. Supplier diversity is therefore a key part of businesses’ evolving recruitment and sourcing strategies.
For more information on why DEI is so good for business, click here.
OliverWyman claims that telecommunications and healthcare companies are best prepared to source from diverse suppliers, followed by consumer and automotive companies. Energy, financial services and technology companies come in last place, with few initiatives in place to support DEI. We weigh this up against our own investigation of some familiar companies, to see which industries are really doing their best to foster diversity in the supply chain.
10. Capgemini
Capgemini is a strategic partner that guides businesses management needs with the help of technology. The company emphasises the importance of DEI in its internal operations and external partnerships – for example, through its “Take Pride, Take Action” global employee network. Capgemini also aims to have 40% of women in its teams by 2025.
“It is our conviction that a diverse, equitable and inclusive environment makes for a more resilient, agile, and successful company” says Shobha Meera, Capgemini’s Chief Corporate Social Responsibility Officer.
