In honor of International Women’s Day, I’m pleased to announce the results of our WEConnect International year-long #Rise2theChallenge campaign!
We are thrilled that 10 of our member buyers have collectively committed to source at least $22.4 billion in goods and services by 2025 from companies with diverse ownership, with a focus on women-owned firms. Each company was required to quantify its public commitment with some making the decision to include small and diverse businesses in their commitment:
We recognize that these leaders have taken bold actions, and we look forward to working with them as they ramp up their buying from women suppliers with the goal of driving greater socio-economic equity in communities around the world. Ensuring procurement systems are inclusive is not an easy process, but all organizations should follow their lead and make a commitment if we want to achieve equality in our lifetime.