BUILDING INCLUSIVE AND SUSTAINABLE OPPORTUNITIES
At The Home Depot, we believe that a diverse supplier base makes us more competitive, fosters innovation and aligns with our Core Value of Respect for All People. We work to ensure fair and equitable purchasing practices across both merchandising and non- merchandising suppliers, while remaining our customers’ advocate for quality and value. Since 2003, we have invested in and celebrated entrepreneurs through our Supplier Diversity program, which has helped drive innovation, create jobs and foster a positive impact in the communities we serve.
In 2023, we accounted for approximately $3.2 billion of spend with diverse suppliers. Investments like our Tier II program are designed to provide greater visibility of the spend from our direct, or Tier I suppliers, to the diverse businesses with whom they do business. We also partner with organizations that provide certification, education and opportunities for business development and networking.