We measure our supply chain spend using five categories:
1. Approved Suppliers: Suppliers who have signed off on our COC within the past two years or those who meet our Responsible Sourcing Policy. 2. Diverse Ownership: Suppliers who are certified or self-disclose diverse ownership. We accept self-disclosed diverse ownership to lower hurdles for minority owners to verify their identity which can often entail significant costs, time and resource investments. 3. Certified B Corporation Suppliers: Certified B Corp suppliers in good standing. Note this does not track sales of B Corp products that are distributed by non B Corp suppliers. 4. Impact Suppliers: Those suppliers who don’t have formal certification but are committed to creating sustainable products or uplifting communities and workers who have been historically marginalized. 5. Reciprocity Road Suppliers: Fairware is a member of Reciprocity Road, a promotional products industry peer group. At 13 distributor members, we represent over 350M in annual sales.
Fairware Impact Report 2024 11
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