Supplier Diversity Program
Deutsche Bank’s Supplier Diversity Program seeks to provide businesses owned by minorities, women, and disabled veterans equal access to purchasing opportunities. A successful program establishes a diverse and growing supplier portfolio that reflects the diverse customer base of the company. Such a policy in turn helps to further develop new markets in the changing global environment.
Deutsche Bank has long been committed to developing Supplier Diversity. Our policy of encouraging and assisting minority-owned and women-owned enterprises is a reflection of a long-standing commitment to equal opportunity and our desire to return value to society. This commitment is supported by the highest levels of management and is communicated throughout our company.
Mission: To ensure competitive opportunities to businesses owned by minorities, women, and disabled veterans that will permit Deutsche Bank to establish a supplier base that echoes the changing global environment and the diversity of the Bank’s employees and customers.
Vision: To have a world-class supplier diversity initiative in order to impact the worldwide economic growth of businesses owned by minorities, women, and disabled veterans, which will result in a set of truly diverse suppliers that assist Deutsche Bank in the procurement of high-quality goods and services.
— Deutsche Bank actively seeks to do business with minority-, woman-, and disabled veteran-owned business enterprises (“MWDVBE”) that can meet Deutsche Bank’s buying needs by providing high-quality goods and services at competitive prices.
— Sourcing Professionals seek to include suitable MWDVBE’s in bid solicitations. The Supplier Diversity Program Coordinator reports all activities of the Sourcing Professionals relating to MWDVBE’s to Deutsche Bank’s Public Responsibility and Concern Committee.
— Deutsche Bank encourages primary suppliers to allocate a reasonable portion of their contracts to MWDVBE’s on a second-tier basis when supplier consolidation is required to improve and standardize quality.
— Global Sourcing members participate in MWDVBE-related associations and attend special events, which serve as a primary resource for MWDVBE contacts.
Definitions: A minority-, woman-, or disabled veteran-business enterprise must be at least 51% owned, operated, and controlled by a minority/woman/disabled veteran or group. In the case of a publicly owned company, a MWDVBE group must own at least 51% of the outstanding stock, and the management and daily business operations must be controlled and operated by a minority/woman/disabled veteran or group. Minority members include those who are Black or African American, Asian, Hispanic or Latino, Native Hawaiian or other Pacific Islander and/or American Indian or Alaska Native.
Supplier certification is a process whereby businesses are MWDVBE verified as legitimately owned by or a combination thereof. Such validation of a supplier’s diverse status is required for participation in the Deutsche Bank Supplier Diversity Program.
We accept certification documents from the following qualified agencies:
— The National Minority Supplier Development Council (NMSDC) and its affiliates
— New York/New Jersey Minority Purchasing Council
— The Small Business Administration (SBA)
— Women Business Owners Corporation (WBOC)
— Women Business Enterprise National Council (WBENC) and its affiliates
Tier 2 Reporting
To Report Diversity-Spend as a Deutsche Bank Prime Supplier, click here
Deutsche Bank AG
Supplier Diversity Program, Global Sourcing
60 Wall Street
New York, NY 10005
Phone: +1 (866) 364-7053
Note: Deutsche Bank does not guarantee that all suppliers who submit applications will be asked to provide bids or quotations for materials or services, or will be selected to supply services and materials to the bank.