Social value is becoming a key measure of business success alongside profit.

Supplier diversity is a strategic lever for delivering long-term value and measurable social impact, yet many organisations still struggle to understand its significance.

Partnering with diverse suppliers builds credibility and drives social return, helping companies meet ESG goals and appeal to customers, employees, investors, and regulators.

According to the 2024 State of Supplier Diversity Report by Supplier.io, 48% of supply chain professionals use supplier diversity to win new business, highlighting its competitive edge.

More business and government members are joining Social Traders to deliver on their ESG and sustainability goals at 48% in FY24.

While property and infrastructure industries lead the way, industries like banking, consulting, education, transport, FMCG, and energy are embedding diverse suppliers as standard practice.

And with our MOU partnership with Supply Nation and WEConnect International, we're transforming the procurement landscape for the better.

This white paper explores:

• What supplier diversity really means
• The benefits of engaging with social benefit suppliers
• Insights on how organisations can scale social value

It's time to rethink business as usual, and harness supplier diversity to accelerate positive impact for people and planet.