WEConnect International was in New York City on Saturday to announce a $400 million commitment from corporate members to buy more from women-owned businesses over the next 3 years.
“I’m proud to stand with Accenture, Citi, EY and Procter & Gamble, who are collectively pledging $400 million to buy from women-owned businesses over the next three years, especially in developing countries. This commitment, together with corporate commitments made over the last 12 months on the Global Citizen stage, represents a total of $1 billion in spend with women,” said WEConnect International’s CEO, Elizabeth A. Vazquez, in front of 65,000 people at the Global Citizen Festival and millions more tuning in online and on TV.
Today WEConnect International announced on stage in front of 12,000 people at the Global Citizen Festival in Hamburg Germany that Intel, IBM and Pfizer pledged to spend an additional $300 million from women-owned businesses over the next three years. All three corporate members are partnered with WEConnect International and are dedicated to global supplier diversity and inclusion and women’s empowerment. The announcement came following a Global Citizen and WEConnect International campaign where 20,000 global citizens committed to joining the global movement to buy more from women-owned businesses and calling on companies to commit as well.
On June 19, WEConnect International hosted their 5th annual International Day, which included women business owners, corporate executives, and partners from every region of the world. Over 70 corporate executives attended representing 37 of the world’s largest corporations who seek to do more business with women suppliers. These corporations were able to make connections during the event and expand their global supplier diversity and inclusion network.