Supplier Diversity, Equity & Inclusion

We’re focused on building a
supply chain as diverse as
the communities we serve. 

More than $5.7 billion spent with diverse suppliers in 2024

At Verizon, Supplier Diversity, Equity & Inclusion is a business imperative. In 2024 alone, we spent directly and indirectly, more than $5.7 billion in goods and services with diverse suppliers, including minority, women, veteran, service-disabled veteran, LGBT, and disability owned businesses.

We are committed to mentoring, promoting and engaging with diverse businesses in our supply chain, and believe that diverse businesses create the greatest economic impact in our communities, as well as offer innovative, high quality and cost effective solutions for Verizon to better serve our customers.

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Our inclusive supply chain.

  • $54B+ in spend

    with diverse suppliers over the last 10 years

  • $5B+ in spend

    direct and indirect with diverse suppliers in 2024

  • $3B+ committed

    to spend direct with diverse suppliers each year

Our commitment to Supplier Diversity, Equity & Inclusion starts at the top.

“Providing the best service on the best network means working with a diverse set of suppliers. Verizon is committed to supplier diversity and economic inclusion because it ensures our customers have access to superior service and experience. A diverse and inclusive supply chain is not only the right thing to do, but it’s smart business.”

–Hans Vestberg, Verizon chairman and CEO

 

Info for suppliers

Diverse supplier requirements

Diverse suppliers are one of Verizon’s most valuable resources. If you are a diverse supplier, make sure that you meet our Supplier Requirements and register in our portal.

View requirements

About our Tier 2 program

Supplier Diversity, Equity, & Inclusion at Verizon includes a Tier 2 program. We strongly believe in sharing our mission with our business partners. Our non-diverse suppliers can learn more about our program Prime Supplier Playbook.

Go to reporting portal

Our standards and expectations

We work with suppliers that adhere to the highest ethical standards, as outlined in our Supplier Code of Conduct.

View the code

Recognition & Awards

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Member of the Billion Dollar Roundtable

Verizon is a charter member of the Billion Dollar Roundtable, a coalition formed in 2001 of companies that each spend more than $1 billion every year with diverse businesses.

 
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