Initiative supports firms that ‘Walk the Talk’ on inclusion, supplier diversity
The U.S. Pan Asian American Chamber of Commerce Education Foundation (USPAACC) has
announced the creation of a new program, Supplier Diversity Champions that
encourages and inspires corporations to use more minority and diverse
businesses owned by Asians, Blacks, Hispanics, Native Americans,
disabled, LGBT, veterans and women in their purchasing activities.
USPAACC National President and CEO Susan Au Allen made
the virtual announcement as corporate members, Asian American
businesses, federal and state government representatives,
and USPAACC board and regional chapter leadership joined the
live meeting to lend their support.
“It is time for us to recognize these agents of change, champions of diversity
and inclusion who are steadfastly committed to helping to ensure the
communities they serve would grow and thrive,” Allen said.
Supplier Diversity Champions will recognize corporations that show
an increase in their supplier diversity spending.
This
growth-based initiative has been in development for over a year, Allen said, and it was President Biden’s Executive Order 13985 instructing all
federal agencies to increase their purchase from minority businesses from 5% to
15% in the next five years, that has propelled USPAACC to officially announce
this new program at the conclusion of a recent Synergy Forward national
conference.
The new program was announced on the third day of Celebr ASIAN Business
Development Conference Part 2. The first part was held in early June, also
through a virtual platform.
To learn more about USPAACC or Celebr Asian,
visit uspaacc.com or celebrasianconference.com.