Corporate Social Responsibility Report 2020 | Cushman & Wakefield
Supplier Diversity We are committed to supporting economic development and driving greater equity and inclusion in the communities we serve by putting into practice organizational efforts that create a more diverse and inclusive supply chain. Through our Supplier Diversity Program, we identify opportunities to engage and partner with diverse suppliers such as minority, women, veterans, LGBTQ+, and disability-certified businesses. Some of these classifications only apply to the U.S.; however, we are engaging with a diverse mix of suppliers globally. Cushman & Wakefield is a member of both the National Minority Supplier Development Council (NMSDC) and also the Women’s Business Enterprise National Council (WBENC). These memberships allow us to utilize their knowledge, expertise and best practices to advance our Supplier Diversity Program and, in
turn, we provide these organizations with our knowledge of the complexities and nuances that are unique to our industry. For North America, we currently track and monitor our spend with diverse suppliers to measure a key component of our Supplier Diversity Program’s success. We began tracking diverse supplier spend in 2019 and improved our data collection capabilities in 2020. In 2020, Cushman & Wakefield spent over $444 million with 2,621 diverse suppliers in North America. Of this, one out of every four dollars, or more than $100 million dollars, was spent exclusively with Black-owned businesses. In addition to the amounts noted above, Cushman & Wakefield also spent over $267 million in 2020 with small businesses in North America who were not classified as a diverse supplier.
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