One of our great opportunities as we rebuild AIG is to create a more diverse and inclusive company that fosters full engagement of our individual and organizational capabilities. In a global marketplace, we know that diversity – of people, ideas, and skills – is essential for us to continue building our competitive advantage.
A critical component of this overall effort is to increase the utilization of a diverse supplier base. We will take all the right steps to ensure that supplier diversity is integrated into our strategic sourcing and procurement process. – Robert H. Benmosche, August 2011
It is AIG’s policy to proactively seek out diverse-owned enterprises and ensure opportunities for these businesses to participate in the bidding and procurement process. Supplier Diversity is a strategic business initiative, aligned with the goals of AIG Global Sourcing & Procurement Services (GS&PS).
AIG’s commitment to Supplier Diversity is grounded in sound business strategy. The utilization of diverse suppliers provides AIG access to the widest possible selection of qualified suppliers, innovative solutions and is a driver of our cost reduction efforts. Engaging economically with diverse-owned businesses demonstrates the company’s resolve to support the growth of the communities in which it conducts business.
Read AIG’s full Supplier Diversity Policy here.
AIG Supplier Diversity works closely with both GS&PS commodity managers and internal customers across the organization to proactively identify procurement opportunities and match those opportunities to diverse suppliers who can meet AIG’s requirements for cost, service and scale.
AIG is a global company operating in over 100 countries around the world. Please click here for a comprehensive list of the goods and services we purchase.
Diverse-Owned businesses are defined as U.S.-based, for-profit enterprises that are at least 51% owned and operated by one of the following groups: