Having a diverse employee base is important for businesses, but if you want real, genuine, sustainable diversity, achieving diversity amongst your supplier base is something you need to consider. It’s got to be an holistic approach.
Did you know that 20% of UK businesses are female owned? Even though just 1% of money spent with suppliers goes to those 20% of female owned businesses. The statistics aren’t great! But at Jaluch we try to practice what we preach, so last year we created a 20/20 target, i.e. 20% of our spend with suppliers to be spend with the 20% of female owned businesses.
And ... now we are utterly proud and delighted to announce that in the past 12 months a staggering 30% of our total spend with suppliers has been spent with female owned businesses.. We smashed our target and are thrilled to lead the way for smaller businesses on supplier diversity.
If you’re serious about diversity generally, supplier diversity is crucial. Already 75 of the UK’s largest corporates are signed up to supplier diversity programmes and 5387 women owned businesses have registered through WeConnect International.
So ... will you join our drive to get 20% of supplier spend by all businesses to be spent on female owned businesses? Don’t make us go it alone!