We know that Canada is home to more than 28,000 2SLGBTQ+ owned and operated businesses, which generate over $22 billion in economic activity. Despite the tremendous economic and social boost that 2SLGBTQ+ led businesses create, many continue to face discrimination and prejudice. Whatever your industry, however you’re focused: it’s time to extend 2SLGBTQ+ inclusion through supplier diversity programs.
By leveraging existing networks and tapping into the community, Patrick Hunter Art & Design is expanding his business by taking advantage of corporate supplier diversity programs. An Ojibway artist, graphic designer and entrepreneur who identifies as 2spirit, Patrick works with the intent of creating a broader awareness of Indigenous culture and iconography. He believes that by collaborating publicly with Canadian companies, he can create more mainstream visibility for Indigenous people. Today, Patrick’s making a name for himself in the corporate world, working with major banks, NHL teams, media conglomerates, and national organizations — like ours through the EY Entrepreneur Access Network. Patrick often says, “if you can see it, you can be it”. And I couldn’t agree more.
Becoming more deliberate about the way our organizations procure services by seeking out businesses like Patrick’s, can help drive the kind of systemic change that makes a meaningful and measurable impact, long after Pride month wraps up.
When we intentionally draw vendors and suppliers from a more diverse talent pool, we transform the trajectory of historically under-represented businesses, and their leaders. What does that look like? Socioeconomic progress and entrepreneurial growth. Professional networks that are more accessible, to more Canadians. Increasingly resilient and agile supply chains, bolstered by diverse perspectives. Innovative ideas and new solutions, born of fresh thinking.
All of this is good for people, communities and businesses. What’s more, becoming intentional about 2SLGBTQ+ supplier diversity strengthens trust with employees, customers, investors, regulators and communities. This matters a great deal in a market where stakeholders expect businesses to generate a new kind of long-term value; one grounded in the positive impact we make on the world.
We know that supplier diversity programs transform the working world for the better by cultivating inclusion. The real question is, how do we dig in to deliver on that promise?