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Diversity and inclusion
Supplier diversity and inclusion
We’re committed to increasing diversity and inclusion in our supply chain
At Standard Chartered, supplier diversity refers to a supply chain that incorporates businesses owned by under-represented individuals or groups – such as women and ethnic minorities, as well as micro and small businesses – and corporations who have strong diversity and inclusion profile, aligning to the principles set out in our standard.
Our aim is to create mutually beneficial relationships with suppliers from all walks of life reflecting the diverse communities and cultures we operate in.
Our strategy
Community and customer impacts
Working with diverse suppliers generates prosperity for local suppliers, driving positive economic and social impacts for communities and customers
Thanks to Standard Chartered’s long-standing support for female-owned and run companies like JCMS, our link has strengthened beyond a traditional supplier-customer relationship.
CEO, JCMS ProRewards
Innovative and unique capabilities
Diverse suppliers often bring unique innovations, technologies, products and services originating from their diverse perspectives and experiences
Diversity isn’t just something we promote, it’s who we are. I am proud that our suppliers represent a wide variety of minority segments, and that we are committed to providing as many opportunities as we can…
Yun Kyong Kim, Supply Chain Sourcing Manager Korea
Working with our partners
We work with partner organisations to accelerate our strategy
We are excited to work alongside Standard Chartered Bank, a corporate powerhouse, to help rebuild business for good through global supplier diversity and inclusion.
Elizabeth A. Vazquez, CEO of WEConnect international
What our leaders say
Our leaders are committed to supplier diversity
Our Supplier Diversity Programme reflects our commitment to developing and expanding relationships with diverse businesses and giving back to the communities we do business in. It’s essential that we drive our internal diversity and inclusion agenda, but a key part of that is to look more widely at the suppliers we work with. That’s why supplier diversity is a key pillar of our Global Diversity and Inclusion Strategy and we have set targets and initiatives to drive positive change.
Melissa Soh, Head, Diversity and InclusionOur Supplier Diversity Programme not only focuses on bringing diverse suppliers on board and supporting them on their journeys with us, but also creating a far reaching sustainable and positive impact that is good for our communities, our business, and our supply chain.
Andrew Cannon Brookes, Global Head, Supply Chain
Diverse supplier support and development
We are committed to supporting diverse suppliers to help them succeed
Increasing our focus
Our increased focus on supplier diversity is because we recognise the critical role our suppliers play in serving our customers and creating wide reaching positive impacts across the communities we operate in.
The intrinsic relationships between the Bank, our suppliers, our customers and our communities is more and more important, so our overall purpose has to apply to our partners as well as us.
Case study
“It’s about empowering the whole business”
We’re proud to work with women-owned businesses like Bdazzaled as part of our commitment to supplier diversity.
How we work with suppliers
The way we work with our suppliers is guided by our commitment to diversity
UN Women’s Empowerment Principles
We actively encourage all suppliers to sign up and commit to the UN Women’s Empowerment Principles within their organisations and demonstrate lasting commitment to achieving gender equality.
Our strategy
We have refreshed our global supplier diversity and inclusion strategy
Work with us
View our standards and access documentation related to working with us
Our partnerships
Our partnerships
