Supplier Diversity
Moving Beyond Compliance and Creating Meaningful Value
Equifax positions Supplier Diversity as “Business Diversity” - We strive to expand our connections with suppliers, customers, and communities that align with our company's Environment, Social and Governance (ESG) objectives. At Equifax, we are purposely focused on adaptability in a complex environment, and as such, has made supplier diversity one of the 9 pillars of our ESG priorities. The Equifax Supplier Diversity Program represents the company’s commitment to strategically expand engagement with existing diverse suppliers, and create opportunities for new ones.
As a global data, analytics, and technology company, we are continuously evolving to deliver insights which are essential to key decisions made that impact people’s daily lives. Diversity at Equifax is an important aspect of how we are guided by our values and purpose. The supplier diversity initiatives we promote support Equifax’s goal to empower individuals, suppliers and communities, in order to help create a more inclusive and impactful global economic environment - keeping in alignment with our singular purpose of helping people live their financial best.
Supplier Diversity and Corporate Citizenship
Equifax seeks to provide a fair opportunity for diverse suppliers to compete for procurement of goods and services that will uphold our business imperative to deliver innovative and differentiated service solutions for customer challenges, and to provide profitable growth for the company, our suppliers, and service providers. We focus on ethical inclusion to create shared value with minority- and women-owned businesses, and show leadership in building the economic strength of companies that buy our products and services, and of the communities in which we conduct business. Equifax has embraced the paradigm shift, and is helping lead the way in showing how the alignment of corporate social citizenship and supplier diversity is a driver of business performance and success - all leading to economic value.
Relationships
Equifax establishes key relationships with diverse suppliers to signify the importance we place on collaboration, and to embrace their value to the global economy, with innovation and flexibility - which positively impacts the way we conduct business, and strengthens our access to competitive services.
Women-Owned Business
Minority-Owned Business
Small Business Enterprise
Veteran-Owned Business
“Equifax is a purpose-driven organization, united by a global commitment to helping people live their financial best. We strive to empower economically healthy individuals and communities wherever we do business. Our relationships with diverse suppliers are true to our corporate values, with an intentional focus on diversity of thought and experience, underscoring the importance that we place on both collaboration and the development of ourselves and others. We are taking a leadership approach to Environmental, Social and Governance (ESG) matters to positively impact economic growth in our communities while driving business results.”
John W. Gamble, Jr. Chief Financial Officer and Chief Operations Officer
Membership in and engagement with national and local supplier diversity development councils to communicate opportunities for diverse suppliers, which can help them grow and thrive
Collaboration with Equifax’s buying organizations - Global Sourcing Office, Global Procurement, Data Acquisition, Software Contracts - to identity opportunities and match with diverse suppliers based on capabilities
Identification of requirements within contracts, and ensuring utilization of diverse suppliers with qualifying capabilities and capacity for engagement with Business Units
Establishment of enterprise targets that are aligned with key business strategies, along with ongoing review and reporting of trends and spend actuals
Community Outreach Activities
Supplier Diversity Commercial Credit Summit at the Russell Center for Innovation and Entrepreneurship (RICE)
- Build Business Credit Profile
- 360 View of Suppliers
- Cybersecurity and Your Business
- Sourcing for Your Business