Supplier Diversity Policy
HSBC recognizes that as a responsible corporate citizen we should seek to purchase goods and services from a diverse base of suppliers, just as we market our products and services to diverse consumer groups.
Through our Supplier Diversity Program, we strive to obtain high-quality goods and services from minority and women-owned businesses. In addition, the Supplier Diversity Program makes it possible for the company to initiate communication with promising suppliers today, to begin building relationships for tomorrow.
Certification Criteria
In order to do business under our Supplier Diversity Program, prospective suppliers must be certified by a third-party agency. The three main agencies we recognize are listed below.
National Minority Supplier Development Council
(212) 944-2430
Women's Business Enterprise National Council
(202) 872-5515
U.S. Small Business Administration
(202) 606-4000
Please note that we actively pursue and recruit suppliers who are certified as minority and/or women-owned. The term “minority- or women-owned business” is defined as a company certified to be at least fifty-one (51%) owned and operated by minority or women group members. For the purposes of this definition, minority group members are African Americans, Hispanic Americans, Asian Americans, Native American Indians, American Eskimos and Southeast Asians.
