17 Ways is helping companies extend their sustainability commitments to their supplier ecosystem, generating shared momentum towards a better society and planet for all.
We invest 1% of our revenues in micro loans through Acumen and Grameen Bank to help create and support more women-owned small businesses globally in communities where women are most effected by poverty.
We recognize that one of the best ways to build wealth for women and minorities is through business ownership. We facilitate enterprise buying from women-owned or led businesses, targeting 50% of purchase dollars spent. We also invest 1% of our revenues in micro loans through Acumen and Grameen Bank to help create and support more women-owned small businesses globally in communities where women are most effected by poverty.
We work with our suppliers to develop their capabilities and demonstrate their impact, recognizing that small businesses are key contributors to the health of a community. We track the growth of our suppliers along with their community indicators such as employment or poverty rates.
We are building a blueprint for supplier relationship management built with sustainability at the heart. Our work is helping our enterprises to innovate through their suppliers and creating the infrastructure they need to manage their ecosystem. We are tracking the number and size of our enterprise buyers, along with the number and SDG impact of their suppliers.
We facilitate enterprises buying from minority / LGBTQ+ led businesses, targeting percentages that are representative of the communities where they operate.
We are helping enterprise buyers purchase from socially and environmentally responsible suppliers. And we are helping suppliers to convey and improve the impact of the production of their goods and services. We are tracking the amount of purchase dollar contributions to each of the SDGs across all our enterprise customer's suppliers.
