Global supplier diversity
For more than three decades JPMorganChase has been building a strong and inclusive supplier base.
We seek to provide equal access to opportunities in the various areas in which we operate, including in our sourcing engagements. Our approach to working with suppliers includes taking a broad lens and looking at the goods and services available in the marketplace and in the communities in which we do business.
Our Supplier Diversity Program is focused on facilitating the growth and development of businesses in our supply chain network; promoting fair access across our entire portfolio of supply chain business partners and driving economic growth. The firm spends over $2 billion with small and historically underrepresented businesses annually, and its strategy focuses on more than our spend with these businesses. JPMorganChase is leveraging the strength of its total procurement organization, business and community partners to lower common barriers faced by small and diverse suppliers.
We have created a Supplier Network through which businesses that have obtained certain ownership certifications can register with the firm. The Supplier Network is a resource through which our supplier services teams identify eligible businesses for consideration in contracting opportunities.
Businesses registered in the Supplier Network are required to be diligent in maintaining current and accurate information in the system. This engagement ensures consideration for appropriate opportunities, and access to special events and resources including information sessions, workshops, programs and initiatives, and networking receptions.
