Supplier Diversity Program

To ensure competitive opportunities to businesses owned by minorities, women, and disabled veterans that will permit Deutsche Bank to establish a supplier base that echoes the changing global environment and the diversity of the Bank’s employees and customers.

To have a world-class supplier diversity initiative in order to impact the worldwide economic growth of businesses owned by minorities, women, and disabled veterans, which will result in a set of truly diverse suppliers that assist Deutsche Bank in the procurement of high-quality goods and services.

• Deutsche Bank actively seeks to do business with minority-, woman-, and disabled veteran-owned business enterprises (“MWDVBE”) that can meet Deutsche Bank’s buying needs by providing high-quality goods and services at competitive prices.
• Sourcing Professionals seek to include suitable MWDVBE’s in bid solicitations. The Supplier Diversity Program Coordinator reports all activities of the Sourcing Professionals relating to MWDVBE’s to Deutsche Bank’s Public Responsibility and Concern Committee.
• Deutsche Bank encourages primary suppliers to allocate a reasonable portion of their contracts to MWDVBE’s on a second-tier basis when supplier consolidation is required to improve and standardize quality.
• Global Sourcing members participate in MWDVBE-related associations and attend special events, which serve as a primary resource for MWDVBE contacts.

A minority-, woman-, or disabled veteran-business enterprise must be at least 51% owned, operated, and controlled by a minority/woman/disabled veteran or group. In the case of a publicly owned company, a MWDVBE group must own at least 51% of the outstanding stock, and the management and daily business operations must be controlled and operated by a minority/woman/disabled veteran or group. Minority members include those who are Black or African American, Asian, Hispanic or Latino, Native Hawaiian or other Pacific Islander and/or American Indian or Alaska Native.

Supplier certification is a process whereby businesses are MWDVBE verified as legitimately owned by or a combination thereof. Such validation of a supplier’s diverse status is required for participation in the Deutsche Bank Supplier Diversity Program.

We accept certification documents from the following qualified agencies:

• The National Minority Supplier Development Council
  (NMSDC) and its affiliates
• New York/New Jersey Minority Purchasing Council
• The Small Business Administration (SBA)
• Women Business Owners Corporation (WBOC)
• Women Business Enterprise National Council (WBENC)
  and its affiliates