McKinsey Supplier Diversity Program

McKinsey is built on diversity

McKinsey is on a mission to drive sustainable and inclusive growth across all of the communities in which we work, and to support our clients in doing the same. We have a deep and longstanding commitment to help advance diversity, equity, and inclusion in business, in society, and within our firm.

As a firm, we aim to introduce diverse perspectives into our supply chain to drive innovation and meet the changing needs of our clients. As one of McKinsey’s 10 Actions toward racial equity, we set a goal of doubling spending with diverse suppliers in three years, which we surpassed in 2022.

A holistic Supplier Diversity program

McKinsey is committed to continually strengthening and expanding all components of our holistic supplier diversity program, including:

proactively seeking opportunities to collaborate and do business with diverse suppliers
continuing to expand the geographic footprint of our supplier diversity program
expanding the reach of our impact by collaborating with our large non-diverse suppliers on supplier diversity
working with our clients on increasing supplier diversity in their supply chains
providing supplier development opportunities and resources to diverse-owned businesses

Qualifications

We strive to work with suppliers that generate social and environmental impact when choosing the goods and services we purchase. Qualifying diverse suppliers include:

Minority-owned business enterprises (MBEs)
Women-owned business enterprises (WBEs)
Disability-owned business enterprises (DOBEs)
US Veteran-owned business enterprises (VBEs)
LGBTQ+ owned business enterprises (LGBTBEs)

To qualify as one of the above business types, the business must be 51 percent owned, operated, managed, and controlled by an individual or individuals in the respective group. We strongly prefer and encourage our suppliers to be certified by federal, local, state, or third-party certification organizations.

In addition to diverse suppliers, we seek to collaborate with those organizations that qualify as small businesses.