BILLION DOLLAR ROUNDTABLE INDUCTS SEVEN NEW MEMBERS
Abbott, Amazon, Bristol Myers Squibb, Caterpillar, Citi, Duke Energy, ExxonMobil
Celebrated for Commitment to Corporate Supplier Diversity
August 10, 2023
CHICAGO – The Billion Dollar Roundtable Inc. (BDR), a corporate advocacy organization that promotes supply-chain diversity excellence, is inducting seven new companies into its membership today at its annual best practices summit.
The 2023 inductees are Abbott, Amazon, Bristol Myers Squibb, Caterpillar, Citi, Duke Energy and ExxonMobil.
The new members represent the greatest number of inductees into BDR membership in a single year since the organization was founded in 2001. Membership now stands at 39, the most in BDR history, including a total of 11 member companies joining since 2022.
“The Billion Dollar Roundtable enthusiastically welcomes these seven corporations into our membership for 2023. These new members demonstrate their commitment to corporate supplier diversity each and every day through their robust programs and initiatives. Each offers a unique industry presence that will infuse the BDR with new ideas, energy and approaches to the practice of corporate supplier diversity,” said BDR Chairman Shelley Stewart Jr.
BDR member companies commit to documented supply chain spend of $1 billion or more annually on a first-tier basis with diverse suppliers as a condition of membership. The induction ceremony is a part of the BDR’s annual best practices summit today and tomorrow in Chicago
hosted by BDR member company CDW. The summit, titled “Game On: Moving Global Supplier Diversity Beyond Spend,” will focus on the global economic impact of supplier diversity spend.
“We look forward to celebrating the achievements of our new members during our annual summit,” said BDR CEO, President and Co-Founder Sharon Patterson. “These new members will be instrumental in helping to fulfill the BDR’s mission of providing thought leadership around supplier diversity and driving greater participation of diverse companies into corporate supply chains.”
Abbott, Amazon, Bristol Myers Squibb, Caterpillar, Citi, Duke Energy and ExxonMobil join these major U.S.-based corporations as member companies of the BDR: Adient, Apple, AT&T, Avis Budget Group, Bank of America, Boeing, CDW, Comcast NBCUniversal, Cummins, CVS Health, Dell, Entergy, Exelon, 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 Motor 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/.
“To drive supplier diversity excellence through best practice sharing and thought leadership.”
The Billion Dollar Roundtable was created in 2001 to recognize and celebrate corporations that achieved spending of at least $1 billion with minority and woman-owned suppliers. The BDR promotes and shares best practices in supply chain diversity excellence through the production of white papers. In discussions, the members review common issues, opportunities and strategies.The BDR encourages corporate entities to continue growing their supplier diversity programs by increasing commitment and spending levels each year. The BDR inducts new members bi-annually.