Download document () of 20

Supplier diversity

Small and diverse businesses have a major impact on the economy. By providing equal opportunities for diversity business enterprises to compete for our business, both Eaton and our communities benefit.

Strategy and objectives

Promoting an environment for diversity businesses to thrive needs a proactive procurement strategy. The mission of supplier diversity at Eaton is to achieve community and economic impact by including diverse companies throughout our supply base.

We strive to build strategic partnerships based on three important pillars: innovation and value; economic inclusion; and business development.

Our supplier diversity team commits to creating a sustainable diverse sourcing strategy by focusing on these objectives:

  • Increase participation of diverse businesses throughout our supply chain.
  • Set and achieve annual diverse spend targets across all areas of spend.
  • Use advanced analytics to conduct benchmarking and continuous improvement.
  • Actively participate in diversity conventions, events and education organizations.

 

Engaging a diverse supply base

Eaton’s combined spending with minority, women, veteran-owned diverse and small businesses was greater than 32 percent of supplier spending in the U.S. in 2020 with a total of $702 million going to minority, women, veteran, LGBT+ and disabled-owned businesses. In 2020 we advanced our supplier diversity program, purchasing $1.9 billion in goods and services from small and diverse suppliers, and growing our business with women-owned businesses by approximately 7% and with veteran-owned businesses by nearly 5% over 2019.

Affiliations & certifying agencies

How to register

Learn how the diverse supplier program works, who's applicable and register in three simple steps.

Eaton is committed to continuing to leverage our award-winning supplier diversity strategy to create long-term and sustainable economic impact in the communities in which we live, work and serve.

Rogerio Branco, Executive Vice President, Supply Chain Management

Introduction to supplier diversity