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Supplier Diversity

Supplier Diversity

Learn about KPMG’s commitment to Supplier Diversity.

Learn about KPMG’s commitment to Supplier Diversity.

Supplier Diversity at KPMG

KPMG recognizes the benefits of including diverse suppliers in our strategic sourcing events and purchases. Diverse suppliers contribute innovative ideas, services and products that add value to the firm, our clients, and our communities. KPMG’s clients represent a breadth of industries, people and locations, and we believe that our supplier relationships should be reflective of the clients we serve.  

KPMG’s Supplier Diversity program comprises the active, deliberate and consistent inclusion of certified businesses owned and operated by members of underrepresented groups (e.g., women, people of color, LGBTQ+ individuals, veterans, people with disabilities) in procurement activities and sourcing events. We are committed to growing the representation of small and/or diverse businesses among our suppliers.

Our Supplier Diversity office collaborates closely with KPMG’s national Inclusion & Diversity team to maintain alignment with the firm’s overall I&D strategy.

FY ’19 Diversity Spend (as % of total procurement spend)

Total Certified Small/Diverse Businesses Spend %

16.8%*

Minority-owned Business Enterprises (MBEs) 

 7.4%

Women-owned Business Enterprises (WBEs)   

 2.7%

LGBT+ owned Business Enterprises (LGBTEs)  0.1%
Disabled-owned, Service disabled veteran-owned, Disabled veteran owned (DOBEs, SDVBEs, DVBEs)  1.4%
Veteran-owned Business Enterprise (VBEs)  0.3%

*Includes other Small and Disadvantaged Business Enterprise spend

Policy Summary

The objective of the Supplier Diversity policy is to facilitate inclusion of diverse suppliers in all appropriate strategic sourcing events in order to produce the best possible outcome for our clients, our suppliers, and the firm.

Partnerships

KPMG is a national corporate member of the following resource and advocacy organizations:

  • Disability:IN
  • National LGBT Chamber of Commerce (NGLCC)
  • National Minority Supplier Development Council (NMSDC)
  • National Veteran Business Development Council (NVBDC)
  • Women Business Enterprise National Council (WBENC)

Our corporate memberships give us access to resources including databases of certified diverse suppliers that can be invited to participate in strategic sourcing events such as RFPs or in client subcontracting plans. KPMG actively encourages involvement of members of our business resource groups with these organizations as volunteer board members, committee members, and site visitors.

Supplier Outreach

Diverse businesses interested in developing or growing a supplier relationship with KPMG are encouraged to contact us-supplierdiversity@kpmg.com with their unique value proposition. If there are currently no opportunities in their area of specialty, we will retain the contract information provided for future consideration.

Client Engagement

The Supplier Diversity team is available to assist with client RFP requests and to speak or meet with clients and potential clients. We also have the capability of responding to indirect second-tier Supplier Diversity spend reporting requests. Clients interested in requesting second-tier data from KPMG should contact the KPMG Client Lead Partner and us-supplierdiversity@kpmg.com to discuss the request.

Awards             

  • KPMG ranks #9 on DiversityInc’s Top Companies for Diversity (2019), an achievement which recognizes, among other inclusion and diversity achievements, our commitment to increasing spend with diverse businesses
  • In 2019 KPMG was named one of the National Business Inclusion Consortium’s “Best of the Best, recognizing our work to promote an inclusive supply chain, workforce, and marketplace
  • In 2019 KPMG received 100% on the Disability Equality Index, a national transparent, annual benchmarking tool that offers business an opportunity to receive an objective score on a scale of zero to 100, on their disability inclusion policies and practices  
  • For several consecutive years, KPMG received 100% on the Human Rights Campaign’s Corporate Equality Index which benchmarks companies based on their corporate policies and practices pertinent to lesbian, gay, bisexual, transgender and queer employees and suppliers