BILLION DOLLAR ROUNDTABLE INDUCTS NEW MEMBERS

T-Mobile, Coca-Cola, Medtronic, CBRE Saluted for Commitment to Supplier Diversity

8/21/24 

SILICON VALLEY, CALIF. – The Billion Dollar Roundtable Inc. (BDR), a select corporate advocacy organization that promotes supply-chain diversity excellence, is inducting four new companies into its membership today at its annual best practices summit. 

The 2024 inductees are T-Mobile, Coca-Cola, Medtronic and CBRE, raising the BDR’s membership roster to 43 corporations. 

The new members are among 15 major U.S.-based corporations to achieve BDR membership since 2022. As a requirement of membership, BDR member companies commit annually to documented supply-chain spend of $1 billion or more on a first-tier basis with diverse suppliers whose majority owners identify as minorities, women, veterans, disabled and LGBTQ. 

“Billion Dollar Roundtable member companies represent the best of the best in corporate supplier diversity. These are companies that understand that diverse supply chains are a business imperative that create real economic benefits to the nation and globally. T-Mobile, Coca-Cola, Medtronic and CBRE are leaders in their respective market segments, and we look forward to the contributions that each will make in advancing BDR’s mission,” said BDR Chair Shelley Stewart Jr.

The induction of new member companies is part of the BDR’s annual best practices summit today and tomorrow at the corporate campuses of members Meta Platforms and Google in Silicon Valley. BDR summits each year engage corporations, thought leaders and entrepreneurs in business diversity practices. This year’s summit program will celebrate the rich diversity of the San Francisco Bay Area and showcase how innovation, powered by inclusion, equals commercial and community impact at scale.

“Earning Billion Dollar Roundtable membership represents an important milestone for our member companies in their supplier diversity journey. Both our new and longstanding members are always excited for another induction ceremony, and we look forward to celebrating the accomplishments of T-Mobile, Coca-Cola, Medtronic and CBRE at this year’s summit,” said BDR CEO, President and Co-Founder Sharon Patterson. 

T-Mobile, Coca-Cola, Medtronic and CBRE join these major U.S.-based corporations as member companies of the BDR: Abbott, Adient, Amazon, Apple, AT&T, Avis Budget Group, Bank of America, Boeing, Bristol Myers Squibb, Caterpillar, CDW, Citi, Comcast NBCUniversal, Cummins, CVS Health, Dell, Duke Energy,  Entergy, Exelon, ExxonMobil, Ford , General Motors, Google, Honda North America, IBM, Johnson & Johnson, JPMorgan Chase, Kaiser-Permanente, Kroger, Merck, Meta Platforms, Microsoft, Pacific Gas and Electric, Procter & Gamble, Stellantis, The Home Depot, Toyota North America, Verizon and Walmart.

ABOUT THE BILLION DOLLAR ROUNDTABLE     

The Billion Dollar Roundtable, created in 2001, is a non-profit organization that comprises U.S. corporations that each spend $1 billion or more annually on a Tier 1 basis with diverse suppliers. The BDR recognizes and celebrates corporations that achieve this status and promotes and shares best practices in supply-chain diversity excellence. BDR member companies review and discuss issues, challenges and strategies related to supplier diversity as a means to advance supply chain opportunities for both corporations and diverse suppliers. The BDR is publisher of the title “Supplier Diversity Best Practices: Building Excellence to Improve the Supply Chain Matrix.” For more information about the BDR, visit www.billiondollarroundtable.org/.