One of the key objectives of our Supplier Diversity Strategy is to increase spend with smaller, more diverse suppliers and generate a positive impact in the communities we serve.
In Korea, we recently performed an in-depth review to consolidate stationery and paper goods supplies to our offices and branches.
Through this process we identified a new social enterprise tissue supplier employing people with disabilities who were able to provide numerous innovative and competitive benefits. We have been able to significantly increase our spend with this supplier supporting community impacts.
Having recognised the significance of the opportunity for a mutually beneficial relationship between the Bank and this particular supplier, Standard Chartered are now working to increase overall awareness on the purpose of supplier D&I both internally and externally.
Our Bank is proud to have made this change, because even a small change like this can contribute to making a better community.
Standard Chartered are now working to increase overall awareness on the purpose of supplier D&I both internally and externally.
Discover more case studies
Actively working to onboard small, women-owned businesses in Malaysia
A few years ago we looked at our supplier landscape in Malaysia. Find out how much progress has been made in this area.
Standard Chartered run workshop for Women businesses in Nigeria
Standard Chartered Bank is committed to supporting diverse suppliers to develop the capabilities needed to help them succeed and grow. Review how we supported women business owners at a workshop in Nigeria focused on developing business finance skills.