Supplier Diversity

Supplier Diversity

The Standard is committed to providing meaningful opportunities for qualified diverse vendors to compete for business. The Standard recognizes that purchasing products and services from businesses that reflect the demographics of our markets contributes to the sustainability of communities, customers and The Standard.

We place a value on diversity and inclusion within our company, and these values extend into our supplier relationships. The Standard's Supplier Diversity practices are administered by our Procurement organization that works to identify, evaluate and qualify these potential suppliers to support the on-going requirements of our businesses. The Standard gives equal opportunities to any diverse supplier to participate in the procurement sourcing process. We are committed to building and sustaining relationships with minority- and women-owned enterprises.

The Standard is a proud member of the following associations:

  • National Minority Supplier Development Council (NMSDC)
  • Women's Business Enterprise National Council (WBENC)
  • National Gay & Lesbian Chamber of Commerce (NGLCC)
  • Financial Services Roundtable for Supplier Diversity (FSRD)

Qualifying as a Diverse Supplier

The Standard supports many external organizations, including:

  • Dress for Success
  • Wounded Warrior Project
  • De La Salle North Catholic High School

The Standard also supports several employee resource groups, including:

  • Celebrating Racial and Ethnic Diversity (CRED)
  • StandOUT! (LGBTQ employees and advocates)
  • The Standard Employees Recognizing Veterans (SERV)
  • Women's Career Network

We only accept registrations from suppliers who are certified in diversity organizations including, but not limited to the following:

  • National Minority Supplier Development Council (NMSDC)
  • Women Business Enterprise National Council (WBENC)
  • National Gay & Lesbian Chamber of Commerce (NGLCC)
  • Disabled-owned Business Enterprises (DBEs)
  • Veteran-owned Business Enterprises (VBEs)

All registrants will be required to submit a copy of certification to complete the registration process and enter our supplier database. Please note that registration in our supplier database is not a guarantee of business, and contracts are not awarded solely based on diverse certification status.

See the Register tab to register as a diverse supplier.

Have Questions?

Please contact us with any questions.

 

Welcome to The Standard's registration portal for diverse suppliers.

If you are a diverse supplier, we invite you to register. All registrants will be required to submit a copy of certification to complete the registration process and enter our supplier database. Upon any procurement sourcing efforts, we will utilize our registered diverse supplier database for goods and services to be included in the sourcing process. Please note that registration in our supplier database is not a guarantee of business, and contracts are not awarded solely based on diverse certification status.

Register now with our third-party portal.

REGISTER

 

Selecting Our Suppliers

The Standard's Procurement team contracts with suppliers through a disciplined and best practice process in partnership with our businesses. Supplier selection is based on business requirements that follow a competitive selection process in an ethical manner in line with our company's values. Suppliers are expected to deliver on their promise, continue to work with us to reduce the cost of doing business, identify and eliminate risks, and follow the agreed contractual terms and conditions.

Supplier Goods and Services

Our Procurement team routinely supports our businesses with their on-going and changing needs. The following category-of-spend list is an example of the areas we purchase goods and services from external suppliers.

  • HR/employee services
  • IT hardware
  • IT software and services
  • Printing
  • Meetings/events/conferences services
  • Promotional items
  • Office equipment/supplies
  • Logistic/parcel services
  • Underwriting services

Register

Register with our third-party portal to be included in our supplier database.

REGISTER

 

Have Questions?

Please contact us with any questions.