Diversifying our US supply base
Diversifying bp’s supply base unlocks the value and power of an inclusive supply chain and helps boost economic growth in the underserved communities where we live and work.
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Supporting the communities where we live and work
At bp, we recognize the importance of just transition – one that delivers decent work and quality jobs and supports the livelihoods of local communities. We are committed to creating value with partners, including small businesses and those owned by people in under-represented groups, such as ethnic minorities, women, veterans and those in the LGBT+ community or with a disability. We want to create opportunities for everyone, no matter their background, to be able to do their part in the energy transition and help boost economic growth in the under-served communities where we operate.
The story so far
- We’ve built a network of qualified and certified suppliers and share sourcing opportunities with a pool of more than 11,600 certified diverse suppliers.
- Over 1,400 small and diverse suppliers in the US have competed and earned contracts with bp since 2020.
Making a positive impact
bp has been working with diverse businesses to create positive economic impact for several decades. As such, we have been recognized in several ways:
- Women’s Business Enterprise National Council America’s Top Corporations for Women’s Business Hall of Fame (2018 - 2023)
- Best of the Decade from Minority Business News USA (2023)
- "Top Corporation for Minority Business Growth" from the Houston Minority Supplier Development Council (2023)
- Chicago Minority Supplier Development Council Honorary Chair (2022)
- Women's Enterprise USA Supplier Diversity Icons & Legends (2022)
- Disability: IN Disability Equality Index 90% rating
- National Business Inclusion Consortium Best of the Best Corporation for Inclusion nominee (2022)
- Chartered Institute of Procurement & Supply (CIPS) Outstanding Diversity and Inclusion Practices in Procurement Teams and Best Collaborative Teamwork Project nominee (2021)
- Women’s Business Enterprise Alliance Corporation of the Year (Texas 2020)
- US Hispanic Chamber of Commerce Corporation of the Year (2020)
Investing in America
bp has a larger economic footprint in the US than anywhere else in the world. Every major bp business is active here, where we invested about 40 percent of our global capital expenditures in 2024 – more than $6 billion. More than one-third of our global workforce – 30,000 people – is located in the US, and we support more than 300,000 jobs in the country. Diversifying the supply base helps create even more social and economic value. It strengthens bp’s reputation and drives performance while underpinning the strategy.
Contact
Email: supplierdiversity@bp.com
Recognized diverse supplier accreditations
We multiply the ecosystem of DE&I partners by recognizing the certification of councils, chambers of commerce and their regional affiliates – all on mission to increase diverse supplier inclusion across corporate America.
