CAPCO Supplier Diversity

Diversity, equity and inclusion are cornerstones to our values driven approach and that includes our policy on supplier diversity. Across the board, we remain committed to driving innovation through diverse perspectives. 

We believe an inclusive procurement strategy provides a proactive platform giving equal opportunity for diverse businesses to compete for contracts and subcontracts at Capco. This approach ensures we have representation from diverse backgrounds and historically underutilized communities that helps our objectives towards:

• Empowering small and medium businesses that are entrepreneurial and belong to minority groups and under-represented communities.
  
• Promoting healthy competition in the supply base which helps in turn facilitates optimal product quality, cost efficiencies, enhanced delivery and finally better client satisfaction.
  
• Building sustainable supply chains for Capco that are agile and nimble in their responsiveness to uncertainty.
  
• Broadening our social impact by imbedding our value systems down the supply chain in the way they do business.

What constitutes a diverse supplier? 

A diverse supplier is a business that is at least 51% owned and operated by an individual or group that is part of a traditionally underrepresented or underserved group. 

Common classifications are:

• Micro, small or medium business enterprises (SBEs)
  
• Minority-owned enterprises (MBEs)
  
• Woman-owned enterprises (WBEs) 
  
• Persons with disabilities
  
• LGBTQ+
  
• Veterans and Disabled veterans
  
• Historically Underutilized Businesses (HUB)
  
• Minorities and groups eligible for the local government’s affirmative action program

CAPCO Supplier Inclusion Program Requirements 

To participate in Capco’s Supplier Diversity Program, diverse suppliers must:

• Share valid certifications from government bodies or other appropriate agencies.
  
• Actively adhere to Capco’s Supplier Code of Conduct  & Ethics Policy.  
  
• Track, measure and report their own diversity spend metrics (if any) in relation to Capco requirements
  

Capco’s Supplier Code of Conduct outlines our minimum expectations of our third-party suppliers in relation to key environmental, social and governance considerations. Like Capco, we expect our suppliers to comply with relevant legislation in these areas and to adopt progressive policies in relation to clients, staff, suppliers, and the broader community they serve. All suppliers are expected to comply with this Code, whether they are supplying goods or services directly to Capco, or our clients. Suppliers are also expected to ensure comparable standards are applied to any sub-contractors or other third parties they may use to deliver goods or services to Capco.

Capco suppliers are expected to ensure that all staff in their organisation feel included and valued, regardless of their background. In particular, suppliers are expected to:

• Comply fully with any applicable legislation and regulation on diversity and inclusion, equal opportunities, or unfair discrimination (such as the Equality Act 2010 in the UK and all other similar and applicable laws relating to discrimination).
• Have a policy in place which explicitly promotes diversity and inclusion and prohibits unfair and unlawful discrimination, bullying, and harassment based on sexual orientation, race, ethnicity, gender, age, religion, martial/civil partnership status or disability.
• Ensure staff understand the importance of diversity and inclusion to the organization, for example, through diversity and inclusion training to the workforce.
• Have measures in place to monitor and improve diversity appropriate to the size of the organisation, such as formal diversity targets related to workforce composition and leadership.

CAPCO Disclaimer

Registering with Capco’s Supplier Diversity program allows our procurement teams and internal stakeholders access to information about your company for consideration, but is not a guarantee of future business. Capco will regularly and periodically review the impact of the Supplier Diversity Program and reserves the right to augment any part of the strategy to reach its supplier diversity goals. The supplier diversity program is currently operating in the USA, Canada and the UK.