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Get the free Supplier Diversity Tier 2 Reporting Guide - The Resource Group

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BOARD OF REGENTS BRIEFING PAPER 1. AGENDA ITEM TITLE: Supplier Chain Diversity Tier I and Tier II Reports MEETING DATE: March 2, 2018, Cultural Diversity & Title IX Compliance Committee 2. BACKGROUND
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Who needs supplier diversity tier 2?

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Supplier diversity tier 2 is needed by organizations and businesses that have supplier diversity programs and initiatives in place.
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By engaging diverse suppliers through tier 2 programs, these organizations aim to create economic opportunities for underrepresented groups and contribute to a more inclusive business environment.
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Supplier diversity tier 2 refers to the second level of reporting on diverse suppliers within a company's supply chain.
Companies that have supplier diversity programs in place are required to file supplier diversity tier 2 reports.
To fill out supplier diversity tier 2, companies must provide detailed information about their diverse suppliers, including their ownership and certification status.
The purpose of supplier diversity tier 2 is to track and monitor the utilization of diverse suppliers in a company's supply chain.
Companies must report on the percentage of total spend that is allocated to diverse suppliers, as well as the specific types of diverse suppliers that are being utilized.
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