Supplier Diversity
At Snap, we continue to seek innovative ways to make our supplier base truly diverse.
Drive Accountability
Our commitment to ensuring that our DEI strategy is our business strategy. Below are examples of practical efforts to hold ourselves accountable.
Supplier Diversity
At Snap, we continue to seek innovative ways to make our supplier base truly diverse.
Supplier Diversity Program Initiative
The Strategic Sourcing Team, in collaboration with the IDEA team, completed a pilot project to increase diverse supplier spend across different teams at Snap. The goal was to test strategies tailored to individual teams instead of offering blanket solutions. The initial pilot targeted the Augmented Reality organization, gathering information about supplier selection, types of services, and potential diverse suppliers – and ultimately identified strategies for this specific team. They also evaluated and onboarded new software called TealBook to help Snap Team Members source new diverse suppliers.
DEI Innovation Summit
The DEI Innovation Summit convenes industry leaders around the ACT report’s recommendations to improve accountability for DEI in tech.
2023 DEI Innovation Summit Recap
In October 2023, Snap held its annual DEI Innovation Summit, virtually and in-person, to inspire tech leaders to build a more equitable industry. The content focused on cross-industry recommendations from the ACT Report to transform DEI outcomes, and generated extremely positive online sentiment, earning a 98% satisfaction rate. Twenty speakers represented companies including Snap, Intel, LinkedIn, Zillow, Asana, Bill & Melinda Gates Foundation, Diversity Lab, Aspen Institute and many more who shared DEI best practices. Speakers also included a lively, thought-provoking discussion with the actors Sabrina Wu and Ismael Cruz Córdova.
Tech Industry Accountability for DEI
In 2023 Snap worked with its partner Aspen Digital to conclude its work incubating the Tech Accountability Coalition. The purpose of The Coalition is to improve standards, accountability, and innovation around DEI in tech. In 2024 The Coalition will publish the first industry-wide data from more than 40 companies, providing greater insight around what works, and how the industry can bring greater collective innovation to solving the DEI challenges we all face.
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