Diversity Europe

Potential Economic Power of Supplier Diversity in the European Union

The EU is in turmoil due to many uncertainties concerning the global economy and Brexit. It is important to not lose sight of the importance of supplier diversity to maintaining strong economic performance at the regional and business levels.
— By Jill Motley

Supplier diversity really took hold as an economic and equality issue in 2000 when the United Kingdom introduced relevant legislation under the Local Government Act. Since then, more countries and the European Union have formally addressed supplier diversity for public procurement, requiring transparency and prohibiting discrimination.

The importance of supplier diversity has intensified a....