Supplier Diversity and Your Business

In this episode of The Business Gay Podcast, host Calan Breckon speaks with A.J. Stewart, the Operations Manager For Supplier Diversity at Canada's 2SLGBTQI+ Chamber of Commerce, also known as the CGLCC.

As a subject matter expert for Supplier Diversity, A.J.'s goal is to connect diverse entrepreneurs to a broad network of Canada's largest corporations with an invested interest in diversifying their supply chains, as well as fellow diverse owned businesses. IDEA (Inclusion, Diversity, Equity, Accessibility) is a family business for A.J. In his role at the CGLCC, he is passionate about advocacy for diverse & marginalized communities holistically.

Watch on YouTube

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Links mentioned in this episode:

• CGLCC.ca
• A.J. on LinkedIn
• The CGLCC on LinkedIn
• SupplierDiversityTV
• About the CGLCC

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Key Takeaways for quick navigation:

• [00:42] Supplier Diversity is a commitment by major corporations to diversify their supply chains and provide opportunities for diverse-owned businesses.
• [02:35] Supplier Diversity is crucial for businesses to align with ESG goals, fostering innovation, competitiveness, and economic opportunities while meeting social responsibility standards.
• [06:01] Certification as a diverse supplier is not a compromise on cost, quality, or service but offers access to a network, resources, and support, promoting inclusivity and business growth.
• [13:26] Large corporations benefit from Supplier Diversity through access to diverse perspectives, cost-effective operations, and enhanced corporate social responsibility, ultimately contributing to their bottom line.
• [16:12] Small suppliers can better equip themselves by being prepared, doing homework on potential partners, following up effectively, and demonstrating patience in the often lengthy process of engaging with large corporations.
• [22:54] CGLCC offers both Supplier Diversity Certification (B2B focused for businesses majority-owned by the community) and Rainbow Registered Accreditation (B2C focused for any business, regardless of ownership, promoting inclusivity).
• [23:22] Supplier Diversity Certification provides B2B businesses access to large supply chains, learning opportunities, mentorship, and networking, while Rainbow Registered focuses on creating inclusive spaces for the 2SLGBTQI+ community.
• [24:46] Rainbow Registered signifies businesses as allies and supporters of the 2SLGBTQI+ community, even if not owned by community members, promoting inclusivity in their policies and practices.
• [25:15] To learn more about CGLCC and certifications, visit their website at cglcc.ca