Fair360, formerly DiversityInc is a USBLN- and VA-certified company.
Washington, DC TheNational Gay & Lesbian Chamber of Commerce(NGLCC), the business voice of the LGBT community,and theUSBLN(USBusiness Leadership Network),the disability inclusionbusiness resource,are pleased to sharethatThe Billion Dollar Roundtable voted to expand their criteria of diverse businesses counted toward a corporation’s billion dollar supply chain spend on diverse-owned businesses to include:certified LGBT Business Enterprises (LGBTBEs), Disability-OwnedBusinessEnterprises (DOBEs),Service-Disabled Veteran Disability-Owned Business Enterprises (SDV-DOBE)and Veteran-DisabilityOwned Business Enterprises (V-DOBEs).
“The inclusion of LGBT, disability, and veteran-owned businesses into the Billion Dollar Roundtable reflectsthe national best practice in supplier diversity of including all communities at the table of opportunity,” saidNGLCC Co-Founder & President Justin Nelson. “In the United States, LGBT-owned businesses are creating tens of thousands of jobs and adding over $1.7 trillion to the economy, much of that due to inclusion in corporate supply chains. We’re proud to see our businesses included in the criteria that rewards corporate excellence in creating new opportunities for diverse-owned businesses to thrive.”
TheBillion Dollar Roundtablewas created in 2001 to recognize and celebrate corporations that achieved spending of at least $1 billion withdiversesuppliers. The BDR promotes and shares best practices in supply chain diversity excellence through the production of white papers, thought leadership, and annual meetings. The groupencourages corporate entities to continue growing their supplier diversity programs by increasing commitment and spending levels each year.
“In a country where 1 in 5 Americans have a disability,corporationsarerealizing the importance ofdisability inclusion across the enterprise,”said Jill Houghton, President and CEO of USBLN.”People with disabilities are nearly twice as likely to be self-employed as people without disabilities, andnearly one in 10 small businesses nationwide are veteran-owned.The inclusion of disability andLGBT-owned businessespresentsmore opportunitiesfor diversityinThe Billion Dollar Roundtableand will lead to more economic opportunity for people with disabilities.”
To date, the Billion Dollar Roundtable reports at least $72 billion inspend diverse-owned businesses. That number is expected to continue climbing as corporations are encouraged to counttheirspend with LGBT, disability, and veteran owned firms.
