Unilever's Commitment to Diversity and Supplier Development Programme

Summary

Unilever has committed to spending €2bn annually with diverse businesses worldwide by 2025.

They will increase their spend with diverse suppliers as well as also supporting these businesses with a new Supplier Development Programme that will provide access to skills, financing and networking opportunities. They will also work with our main strategic partners to encourage them to commit to supplier diversity.

Unilever will set up partnerships with key external partners to support in the identification of diverse businesses from under-represented groups such as women, race/ethnicity, LGBTQI+ and persons with disabilities.

Amount of Commitment

€2 billion annually by 2025

Impact Measurement and Metrics

• Procurement budget allocated to diverse businesses

• Businesses engaged in our supplier development programme

• Current suppliers engaging with diverse businesses

• Impact on end user study

Call to Action

Support from the investment community in terms of how we can support diverse suppliers from the four under-represented communities (women, race/ethnicity, LGBTQI+ and persons with disabilities) through access to financing.

Lead Organisation

Unilever

Key Partners

WeConnect, MSDUK, EGLCC and others TBD

Start Date

1 January 2021

End Date

31 December 2025

Impact Regions

Global

Goal

Direct €2 billion annually toward diverse suppliers by 2025, including businesses owned and operated by women, people with disabilities, LGBTQI+ people and people from underrepresented racial and ethnic groups.