Christine A. Leahy,
President and
Chief Executive Officer
In the last two years, our deep vendor relationships have enabled us to help customers navigate unprecedented supply chain challenges and address new priorities around hybrid working and resiliency.
The agility, innovation and range of solutions offered by our Business Diversity Program have been vital to meeting those customer needs.
For CDW, partnering with small and diverse businesses including minority, women, veteran, LGBTQ+ and disability-owned is not only the right thing to do. It is – and will continue to be – an integral part of our business model.
ECONOMIC IMPACT REPORT
In 2021, the amount of money we spent with small and diverse businesses via our Business Diversity Program (BDP) grew to a record
$3.4 billion.
This drove much-needed revenue for them while supporting 29,254 jobs and more than $1.7 billion in wages. It also took our total legacy spend in this area above $20 billion.
After two of the toughest years in modern history, this impact shouldn’t be underestimated. The pandemic has seen an increase in many companies’ interest in supplier diversity. Yet since 2019, there’s actually been a 40% decrease in number of programs designed to develop small and minority-owned businesses.
We’re delighted that CDW continues to buck this trend – not just by maintaining the investment, services and support we provide through the BDP but by actively growing and expanding it. As well as facilitating record levels of spending in the US, last year saw us launch our global business diversity presence in both the UK and Canada. We also added another 240 diverse firms to our network, taking the total to 1,340.
As a company, CDW’s vision for diversity, equity and inclusion will always be truly global. But we also know that success in boosting our partners’ businesses and transforming the lives of communities will come from taking a highly localized approach. In the last 12 months, we’ve therefore made a number of significant new hires to lead our business diversity efforts across four distinct geographical regions. We believe this will enable us to significantly boost performance and impact on the ground. You can read more about these new hires and what it means for the BDP here.
Since its formal launch in 2007, the BDP has grown to become a cornerstone of CDW’s commitment to promoting diversity, equity and inclusion. This year’s report yet again underlines the value it continues to deliver for our company, our partners and our customers. We must now go even further and faster in 2022.
Kristin Malek,
Director, Business Diversity
Mohammed Hussain,
Senior Manager, Supplier Diversity