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The Critical Connection Between Supplier Diversity and Sustainability: A Call for Ethical Sourcing

Writer's picture: Hummons Consulting InfoHummons Consulting Info

We live in a moment where the choices we make as procurement leaders carry more weight than ever before. It’s not enough to focus on profit margins or efficiency. We need to ask ourselves, what kind of world are we building? And who are we bringing along with us on that journey?


Supplier diversity is not simply a box to check. It’s a commitment. A commitment to opening doors that have too often been closed. It’s about giving opportunity to those who have been overlooked, about fostering innovation by embracing the perspectives of all people, not just the few who’ve always had a seat at the table.


But that’s not all. We also face a great challenge—one that transcends our industry: the challenge of sustainability. Ensuring that the resources we rely on today are still there for our children and our children’s children. When we connect supplier diversity with sustainability, we’re not just building stronger, more resilient supply chains. We’re investing in a future that works for everyone.


It’s time we see supplier diversity as an essential part of ethical sourcing. When we empower diverse businesses, we’re not only making good on our commitment to equity and inclusion. We’re strengthening our supply chains with innovation and resilience. We’re taking responsibility for the world we’re leaving behind.


Now, how do we make this a reality? We set measurable goals. We build cross-functional teams that align supplier diversity and sustainability at every level. And we build relationships—real partnerships—with diverse suppliers that are rooted in trust and shared values.


This isn’t just about hitting targets. It’s about doing the hard, necessary work to make sure that the future of procurement is one where ethics and progress walk hand in hand.

I want to invite you to join me for a webinar on October 24, 2024, at 1 PM ET. We’ll talk about real, actionable ways to connect supplier diversity with sustainability in your organization. Because together, we can make ethical sourcing not just an ideal, but a reality.


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