"Supplier diversity is an integral component of Dow’s Inclusion and Diversity Strategy. The business case is indisputable and companies who lead in Inclusion and Diversity (I&D), lead financially. A diverse supplier base is essential to delivering bottom-line value, driving competition in the supply base, supporting economic growth of local communities, and is critical to being a world class leader; building a culture that embraces innovation, responsibility and diversity."
Brad Gray, Vice President of Procurement
As a global leader in material sciences, Dow recognizes engagement of small & diverse suppliers maximizes bottom-line value, drives innovation and supports economic growth. Dow's supplier diversity initiative focuses on identifying and building relationships with enterprises owned by minorities, women, veterans, LGBTQ and disabled persons as well as certified small businesses.
VisionMaximize bottom-line value, drive innovation and support economic growth through engagement of small & diverse suppliers.
It is Dow’s policy to develop mutually profitable business relationships with small and diverse suppliers who are globally competitive, demonstrate the ability to add value and meet Dow’s expectations of its suppliers as outlined in the Supplier Code of Conduct.
- Include diverse suppliers in Dow's evaluation of suppliers via strategic sourcing
- Partner with national & regional development councils to encourage the certification of diverse suppliers
- Leverage our supplier diversity reporting & results to meet the needs of our customers and other stakeholders
Dow is committed to conduct business with a small & diverse supplier base. Dow's Supplier Diversity initiative is part of our overall Inclusion & Diversity efforts with defined deliverables and key measures of success aligned to Corporate objectives.