Supplier diversity, an integral part of our environmental, social, and governance (ESG) efforts, contributes to upholding Elevance Health’s core values and is 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 2022, Elevance Health’s tier 1 (direct) and 2 (indirect) spend with diverse and small businesses totaled approximately $1.2 billion. Our award-winning program received several recognitions in 2022, including Best of the Best Corporations for Inclusion from the National Business Inclusion Consortium (NBIC).