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Supplier Diversity
JPMorgan Chase is dedicated to the development and utilization of qualified diverse businesses from historically underrepresented groups including companies owned and operated by minorities, women, military veterans, disabled veterans, service-disabled veterans, people with disabilities and members of the LGBT+ community.
For more than 25 years our commitment to diverse entrepreneurs and the organizations that support them has been unwavering. In the last thirteen years, JPMorgan Chase spent almost $20 billion with diverse suppliers. In 2019 alone our diverse supplier spend was over $2 Billion.
JPMorgan Chase Global Supplier Diversity’s mission is to align our supply base with our consumer bases, and develop and engage with certified and qualified diverse businesses in the interest of promoting economic growth in our communities.
We have created a Supplier Diversity Network (SDN) through which certified diverse-owned businesses register with the firm. This network is the preferred resource used to select diverse suppliers to compete for contracting opportunities.
Businesses registered in the SDN are required to be diligent in maintaining current and accurate information in the system. This engagement ensures maximum consideration for appropriate opportunities.
Special events & Initiatives
The JPMorgan Chase Global Supplier Diversity team participates in and hosts customized ‘in person’ and digital events for diverse businesses; these include match-making events, trade shows and expos, information sessions on procurement strategies, networking receptions with buyers and prime suppliers, business management improvement seminars and workshops.
Registration Information
The JPMorgan Chase Supplier Diversity Network offers many benefits to certified diverse businesses.
Tier 2 Supplier Program
JPMorgan Chase seeks to amplify the positive impact of supplier diversity by asking our suppliers (companies that sell directly to our firm) to also do business with diverse companies.
Supplier Diversity: Views & Voices
Partner And Certification Organizations
To successfully complete the JPMorgan Chase Supplier Diversity Network application process, your company must be certified as a diverse supplier.
JPMorgan Chase partners with organizations that provide third-party public and private sector certifications. Some of the organizations listed below are approved to provide certifications, while others partner with advocacy groups to provide a full set of member services. Certifications from other similar organizations may be accepted on a case-by-case basis, but restrictions may apply.
JPMorgan Chase accepts certification from the organizations listed below, or their affiliates, throughout the United States:
2020 LGBTQ100ESG Index
JPMorgan Chase included as one of the top 100 companies that Advance Equality for the LGBTQ community in Corporate America
2020
Top corporation for Women's Business Enterprises
Women’s Business Enterprise National Council
2019
Have questions? Visit our FAQ page or email supplier.diversity@jpmchase.com for more information.
The JPMorgan Chase Supplier Diversity Network offers many benefits to certified diverse businesses.
These include:
- Priority consideration for procurement opportunities, both First- and Second-Tier contracting opportunities
- Preferred consideration for exclusive JPMorgan Chase events
- ‘Real-time’ access to registered profiles for procurement personnel.
- Strategic advice to improve preparation for current and/or future bid opportunities
- Advice and insights on financing growing business needs
- Workshops designed to sharpen business and personal finance skills
Upon completion of your application, a decision will be made regarding your profile. If your application is accepted, your company's information will be added to the JPMorgan Chase Supplier Diversity Network (SDN) database, which is accessible to JPMorgan Chase procurement decision-makers. While acceptance into the SDN does NOT designate a preferred supplier status or contractual agreement, it DOES provide greater visibility for upcoming opportunities. Ultimately, it is up to participating businesses to introduce its products and services to the firm.
To register with the SDN, click the link below to complete an online application.
To successfully complete the JPMorgan Chase Supplier Diversity Network application process, your company must be certified as a diverse supplier.
JPMorgan Chase partners with organizations that provide third-party public and private sector certifications. Some of the organizations listed below are approved to provide certifications, while others partner with advocacy groups to provide a full set of member services. Certifications from other similar organizations may be accepted on a case-by-case basis, but restrictions may apply.
JPMorgan Chase accepts certification from the organizations listed below, or their affiliates, throughout the United States:
- National Minority Supplier Development Council (NMSDC)*
1359 Broadway, 10th Floor, New York, NY 10018
www.nmsdc.org
Phone: (212) 944-2430
Certifies minority-owned businesses
NMSDC has 23 affiliate offices located nationwide. - Women's Business Enterprise National Council (WBENC)*
1710 H. Street, N.W., 7th Floor Washington, D.C. 20006
www.wbenc.org
Phone: (202) 872-5515
Certifies women-owned businesses
WBENC has 14 affiliate offices located nationwide. - National Gay Lesbian Chamber of Commerce (NGLCC)*
729 15th Street, NW, 9th Floor Washington, DC 20005
www.nglcc.org
Phone: (202) 234-9181
Email: supplierdiversity@nglcc.org
Certifies lesbian, gay, bi-sexual, transgender (LGBT)-owned businesses - Small Business Administration 8(a) Program*
26 Federal Plaza, New York , NY 10278
www.sba.gov
Phone: (212) 264-4322
Certifies socially or economically disadvantaged-owned businesses - National Veteran Business Development Council (NVBDC)
Nonprofit Corporation Serving Veterans
325 E. Crescent Lane
Detroit, MI 48207
Phone: (313) 446-6885
Email: support@nvbdc.org
www.nvbdc.org - National Veteran-Owned Business Association (NaVOBA)*
429 Mill Street, Coraopolis, PA 15108
www.navoba.com
Phone: (412) 269-1663
Fax: (412) 269-1646
Email: cs@buyveteran.com
Certifies veteran-owned businesses - US Pan Asian American Chamber of Commerce (USPAACC)*
1329 18th Street NW, Washington, DC 20036
www.uspaacc.com
Phone: (202) 296-5221
Fax: (202) 296-5225
Certifies Asian American-owned businesses - U.S. Hispanic Chamber of Commerce (USHCCC)
1424 K St NW, Suite 401, Washington, DC 20005
www.ushcc.com
Phone: (202) 842-1212
Certifies Hispanic-owned businesses across the United States and Puerto Rico - The Latino Coalition (TLC)
1455 Pennsylvania Avenue, NW Suite 400
Washington, DC 20004
www.thelatinocoalition.com
Phone: (202) 349-4093
Certifies Latino-owned businesses - Disability:IN
1310 Braddock Place, Suite 101
Alexandria, VA 22314
www.disabilityin.org
Phone: (800) 706-2710
Certifies disability-owned businesses, including those owned by service-disabled veterans. - WEConnect International
1120 Connecticut Ave., NW, Suite 1080
Washington, DC 20036
weconnectinternational.org
Phone: 202-810-6000 - MSDUK
Studio 5, Phoenix Square, 3 Burton Street
Leicester, LE1 1TB
www.msduk.org.uk
Phone: +44 (0)116 253 2520 - In addition to our Partner Organizations (and their certifications) listed above, we also recognize certifications issued by:
- Disadvantaged Business Enterprise
- HUBZone
- The Port Authority
- State and Federal Agencies
*We offer links to non-JPMorgan Chase Web sites for convenience. We do not sponsor these sites, nor are we responsible for information that appears on them.
The JPMorgan Chase Global Supplier Diversity team participates in and hosts customized ‘in person’ and digital events for diverse businesses; these include match-making events, trade shows and expos, information sessions on procurement strategies, networking receptions with buyers and prime suppliers, business management improvement seminars and workshops.
JPMorgan Chase seeks to amplify the positive impact of supplier diversity by asking our suppliers (companies that sell directly to our firm) to also do business with diverse companies.
Our firm tracks the dollars our suppliers spend with diverse businesses. We refer to this as Tier 2 Spend.
Tier 2 Spend dollars can be measured in two ways: Direct and Indirect. JPMorgan Chase accepts both.
Direct Spend
When suppliers engage diverse businesses directly on JP Morgan Chase contracts and report the amount paid to diverse suppliers, we consider this Direct Spend. Each 2nd tier dollar can be traced back to a specific diverse supplier and to a specific project.
Indirect Spend
Indirect Spend is calculated by prorating the supplier's company-wide diverse spend with the percentage of its total business represented by JP Morgan Chase’s business. (For example, if the supplier spends $100 million annually with diverse suppliers and JPMorgan Chase represents 1% of its total business, the 2nd tier spend would be $1 million ($100 million x 1%).
We have a dedicated reporting system to enable our suppliers to report their diverse spend on a quarterly basis. There is a 45-day submission period for each report. For example, the first quarter’s report includes spend from January–March. The reporting period for Q1 is April 1st–May 15th.
If you are a current Tier 2 Spend-reporting supplier and would like to access the JPMorgan Chase Tier 2 Reporting portal please click here.
- JPMorgan Chase inducted to the Billion Dollar Roundtable in 2019
- 2020 LGBTQ100 ESG Index – JPMorgan Chase included as one of the top 100 companies that Advance Equality for the LGBTQ community in Corporate America
- Women’s Business Enterprise National Council (WBENC) 2019 America’s Top Corporation for Women’s Business Enterprises
- National Business Inclusion Consortium (NBIC) Best-of-the-Best Corporation for Inclusion 2016 -2019
- JPMorgan Chase was named a 2019 Military-Friendly Corporation for Supplier Diversity by Military Friendly®
- 2019 Million Dollar Club - US Hispanic Chamber of Commerce
- JPMorgan Chase was inducted into the Arizona Million Dollar Circle of Excellence by the Arizona Hispanic Chamber of Commerce 2019
- 100% rating, past 17 years “Corporate Equality Index” Human Rights Campaign, 2019
- William R. Kapfer, Global Head of Supplier Diversity presented with the National LGBT Chamber of Commerce Champion of Enterprise Award
- William R, Kapfer, Global Head of Supplier Diversity was recognized with the GlobalMindED Inclusive Leader Award in 2019
- World Procurement Awards 2019 – Global Supplier Diversity Award
- Hispanic Network Magazine named JPMorgan Chase to their 2019 Best of the Best lists – Top Employers; Top Supplier Diversity Programs; and Top LGBTQ+ Friendly Companies
- Global Supplier Diversity team named 2019 All-Stars of Supplier Diversity by Minority Business News USA.
- JPMorgan Chase sourcing managers named 2019 Corporate Buyers of the Year by Women’s Enterprise Magazine
- The National LGBT Chamber of Commerce presented JPMorgan Chase with the 2018 Apex Award
- MBN USA Best of the Decade list (2018)
- JPMorgan Chase received the inaugural BEQ Pride LGBTQ Business Equality Excellence Award 2017
- Women’s Enterprise Magazine names William R Kapfer, Global Head of Supplier Diversity, one of the Top 100 Leaders in corporate supplier diversity (2017)
- Minority Business News USA names JPMorgan Chase, Chief Procurement Officer and Head of Global Supplier Diversity, 2017 Supplier Diversity Champions
- Minority Business News USA names JPMorgan Chase, Head of Global Supplier Services Category Sourcing, a 2017 Corporate Buyer of the year
- WEUSA magazine named JPMorgan Chase, Jamie Dimon CEO, and the firm’s Global Supplier Diversity program to its 2016 Top 100 Corporations list
- Black Enterprise and the Executive Leadership Council (ELC) named JPMorgan Chase to its 2016 “50 Best Companies for Diversity.” This designation focuses on all ethnic minority groups and included outreach efforts directed toward women, the disabled, veterans, and the LGBT community.
- JPMorgan Chase was named to the 2016 Arizona Million Dollar Circle of Excellence (AZMDCE) by the Arizona Hispanic Chamber of Commerce
- WEUSA magazine 2016 Top 100 Corporations list
- Minority Business News magazine (MBN USA) 2015 & 2016 Corporate 101: America's Most Admired Corporations for Supplier Diversity
- Affinity Inc. Magazine names JPMorgan Chase one of the AIM 100 in 2017, and “Top Corporation” For LGBT Economic Empowerment in 2016