Supplier diversity
Partnering with small and local suppliers, including diverse suppliers, to strengthen capability, competition, and commercial value.
Our leadership commitment
Our team is focused on Rewriting The Energy Equation™. This means recognizing the deep interdependence between industrial outcomes and the energy sources that power them - and acting on that understanding across everything we do. Partnering with small and local businesses, including diverse businesses, is a critical part of this approach. These relationships strengthen our supply chain and support economic progress in the communities where we live and work. Partnering with suppliers rooted in the regions where we operate also reinforces our customer focus, which helps us to deliver differentiated solutions across energy and industrial sectors.
Our vision
We see supplier diversity as a smart business approach that strengthens our operations and supports long-term growth. Engaging small and local suppliers, including diverse suppliers, helps expand capability, increase competition, and enhance resilience across our operations. These relationships support regional economic growth and contribute to flexible sourcing options that reflect evolving customer and market needs, driving value for our business and the communities we serve.
Join us on our journey
- Engaging small and local suppliers, including diverse suppliers, increases competition and innovation, leading to potential cost savings in sourcing opportunities.
- Working with a broad range of suppliers contributes to operational agility and resilience by strengthening regional sourcing networks and reducing risk dependency.
- Partnering with suppliers rooted in the regions where we operate helps us build local connections, support inclusive economic growth, and align with customer and stakeholder expectations.
- Supplier diversity supports access to new skills, innovation, and technology, helping us deliver reliable products and services to customers across energy and industrial markets.
Small and local businesses, including diverse businesses, are assessed using the same sourcing standards and evaluation criteria as all suppliers. Opportunity is based on capability, performance, and commercial value.
No. We do not maintain spending targets or set‑aside for small and local businesses, including diverse suppliers.
No. We make procurement decisions without regard to race, sex, or any other protected category. Diverse businesses are recognized in the Supplier Diversity program because they are a type of small and local business that has traditionally faced challenges in establishing relationships with large companies.
Our efforts are active across North America, Europe, Sub-Saharan Africa, and Australia.
