Supplier Diversity Program

GLOBALFOUNDRIES is committed to maintaining an equitable and competitive business environment. Our supplier diversity program promotes business opportunities for diverse suppliers, including minority-owned, woman-owned, historically underutilized business zone (HUBZone), service-disabled veteran-owned, veteran-owned, small businesses and other disadvantaged business enterprises in the various communities we serve. By creating sound business relationships, we strengthen economic development and viability for all parties, while providing a value-added strategy that creates a competitive advantage. The supplier diversity program is an important part of our sourcing efforts. This program helps us to:

  • Match qualified diverse suppliers with the needs of our internal business partners
  • Build long-term business relationships with individuals that are reflective of our communities
  • Create business opportunities for diverse suppliers
  • Become more competitive in a diverse marketplace

We are dedicated to fair and open competition in sourcing. As part of our sourcing process, the procurement team provides our internal business partners with a list of qualified diverse suppliers to consider.

Business opportunities

  • Disabled-owned businesses
  • Historically Underutilized Business (HUB) Zone businesses
  • Minority-owned businesses
  • Small business enterprises
  • Service disabled veteran-owned businesses
  • Veteran-owned businesses
  • Women-owned businesses

Our Supplier Diversity/Small Business Program consists of:

Utilization - We integrate strategies to include competitive sourcing opportunities.

Tracking - We monitor and report our progress towards achieving our program targets with emphasis on continuous improvement.

Qualification - We verify that businesses meet the criteria of ownership to qualify as a minority, woman-owned, small disadvantaged or HUB Zone certified firm.

Outreach - We seek out diverse suppliers through active involvement with small business and minority development organizations and participation in various trade shows.