Supplier diversity is an integral part of the way we do business and one important way we improve the economic health of our communities. Our comprehensive Supplier Diversity program creates economic opportunities for underrepresented communities by procuring products and services from small businesses and businesses that are majority owned by people of color, women, veterans, people with disabilities, people who identify as LGBTQ+, disability-owned business enterprises, as well as HUBZone.
Our supplier diversity team works with business partners from across Elevance Health to ensure that diverse suppliers are included in sourcing opportunities. In addition, community partnerships, such as the Mid-States Minority Supplier Development Council, help us to identify, nurture, and expand our supplier base.
In 2021, Elevance Health’s tier 1 (direct) and 2 (indirect) spend with diverse and small businesses totaled approximately $1 billion. Our award-winning program received several recognitions in 2021, including Best Corporations for Veteran’s Business Enterprises from NaVOBA and the Hispanic Award for Corporate Inclusion from the Hispanic Association for Corporate Responsibility (HACR).