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Home Depot Links With ‘BDR’ Supporting Supplier Diversity – $HD $DIA

By John F. Heerdink, Jr.

Reportedly, The Home Depot, Inc. (HD) has joined the Billion Dollar Roundtable Inc. (BDR), a nonprofit organization that promotes supplier diversity excellence and best practices. The BDR consists of U.S.-based corporations that spend $1 billion or more annually with minority and woman-owned suppliers.

Home Depot is aimed at cultivating a supplier base that creates long-lasting growth and mutual business success. The home improvement chain spent $3.3 billion in the fiscal year 2021 to put processes in place to ensure that a portion of the money that they spend on products and services across their entire supplier program makes its way to diverse businesses.

“At The Home Depot, we celebrate and invest in diverse businesses for their innovative and unique products, ideas, and perspectives. That’s why we are proud to be growing our supplier diversity program to further meet the needs of our customers, increase shareholder value and create economic opportunities in the communities we serve,” stated Jeff Kinnaird, executive vice president, of merchandising.

The Home Depot, Inc. (HD) is the world’s largest home improvement retailer with retail stores all across North America. The Home Depot sells building materials and home improvement products, as well as lawn and garden supplies, and provides installation, home maintenance, and professional service programs. To learn more about The Home Depot, Inc. (HD), and to continue to track its progress please visit vista Partners’ The Home Depot, Inc. Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also provides select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: The Home Depot Joins Billion Dollar Roundtable, Continues To Expand Supplier Diversity Programs in NewsDirect)


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