Supplier diversity is a key strategic business imperative integrated into our sourcing strategy and is applied globally. We’re fully committed to building a diverse, innovative and resilient supply chain, which enables growth and progress in all the communities we serve and contributes to an equitable and sustainable future.
We care about establishing relationships with businesses that are often underrepresented in supplying the needs of major corporations – including but not limited to those certified as:
- Women-owned;
- Minority-owned, including location-specific qualifications such as aboriginal-owned in Canada and indigenous-owned in Australia;
- Veteran-owned, including service-disabled veteran owned;
- Persons with disabilities-owned;
- LGBTQ+ owned;
- Disadvantaged-owned, including historically underutilized businesses, and;
- Small Business Enterprises, as defined and recognized by their respective national or state government criteria.
Embedding supplier diversity into our sourcing and procurement activities enables us to provide flexible, quality solutions at the best price for our businesses and builds supply chain resilience.
In our performance driven culture, we recognize and greatly value the opportunity, innovation, and competitive advantages that diverse suppliers bring to our business. We promote inclusive growth in our supply chain by using diverse suppliers certified/recognized by a local/national government authority or advocacy organization.
We strongly encourage the consideration of qualified diverse suppliers with the right competencies in our sourcing and procurement activities, whenever possible. We actively identify and include diverse suppliers in our competitive tenders.
UBS is a proud corporate member of several advocacy organizations. These partnerships give us insights into diverse supplier markets across the globe, as well as assisting with supplier outreach efforts and opportunity matching.
