Facebook Provided an Update on Its Supplier Diversity Efforts

The company spent $204.9 million in 2017 with U.S. companies that met the criteria

Facebook revealed that it spent $204.9 million in 2017 with U.S. companies that are privately certified as majority-owned, operated and controlled by racial and ethnic minorities, women, veterans, LGBTQ people and differently-abled entrepreneurs, as well as $28.7 million with companies similarly certified with public programs at the local, state and federal levels.

The company kicked off its supplier diversity program in October 2016, and chief operating officer Sheryl Sandberg said at the time, “We know we’ll be more innovative and better serve our diverse partners by doing business with a diverse range of suppliers.”

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