Supplier Diversity and Ethical Procurement Policy

Supplier Diversity and Ethical Procurement Policy

Document Index

  1. Introduction and Business Case

  2. Objectives

  3. Diverse Supplier Categories

  4. Assessment Criteria

1. Introduction and Business Case

This policy establishes IID Media Limited's commitment to building an inclusive and ethical supply chain. We recognise that supplier diversity strengthens our business by introducing innovative solutions, reflecting our diverse customer base, and contributing to economic inclusion. This policy outlines our approach to procurement that balances commercial objectives with social responsibility and ethical considerations.

2. Objectives

  • Minimum 15% spend with diverse suppliers by 2026

  • Support for local and small businesses

  • Fair payment terms (maximum 30 days)

  • Ethical supply chain management

3. Diverse Supplier Categories

  • Minority-owned businesses

  • Women-owned businesses

  • Disability-owned businesses

  • LGBTQ+-owned businesses

  • Veteran-owned businesses

  • Social enterprises

4. Assessment Criteria

  • Diversity credentials and certifications

  • Ethical labour practices

  • Environmental performance

  • Community impact

Policy Owner: Head of Procurement
Review Frequency: Annual
Next Review Date: 28th November 2026