Supplier
Diversity
Supplier Diversity is an integral component of State Farm’s culture. This program builds awareness of diverse suppliers and what inclusive procurement means to our business operation!
Supplier Diversity is an important pillar of the State Farm Diversity and Inclusion Framework
Our Program
The mission of Supplier Diversity at State Farm is to identify and encourage equal opportunities for certified diverse businesses to contribute to our overall goal of providing quality products and services to meet our customers' needs at competitive prices.
At State Farm we track and report Tier 1 and Tier 2 spend with certified diverse suppliers to increase opportunities and measure the program’s impact.
A Message from Our CEO
Michael L. Tipsord
The State Farm® "Like A Good Neighbor" theme is more than an advertising slogan. It's a way of life for State Farm associates. We are there -- when our policyholders have a question, when they have an insurance need and, most importantly, when they have a loss. We are there with friendly, helpful, personal service to keep the promises we've made. Our business partners are an important part of helping us honor our commitment to policyholders. We are dedicated to developing partnerships with suppliers who share our goal of providing quality products and services and are as diverse as the policyholders we serve. State Farm promotes including businesses owned by minorities, women, and persons with disabilities in our selection process. I strongly support our company’s Supplier Diversity Program. I encourage everyone with purchasing responsibilities to consider diverse suppliers in their decision-making process.
Eligibility
Diverse Supplier Certifications
A Diverse Business is a for-profit enterprise, regardless of size, physically located in the United States or its trust territories, that falls into one or more of the classifications below. The business enterprise will need to be at least 51% operated and controlled by that diverse classification.
What are the different classifications?
- Women Business Enterprise
- Minority Business Enterprise
- African Americans
- Hispanic Americans
- Native Americans
- Asian-Pacific Americans
- Asian-Indian Americans
- LGBTQ+
- Disability-Owned Business Enterprise
- Service-Disabled Veteran/Veteran Owned Enterprise
What is a Supplier Diversity Certification?
Certification is the process by which an organization verifies, using a combination of screening interviews, site visits, and capability studies, that a business is owned by a minority, woman, or diverse group. State Farm accepts certification from national, state, local organizations, and government agencies.
Vendors must be certified diverse in order to participate in State Farm’s Supplier Diversity program.
Suppliers
Once your application has been received, the information your company provided will be entered into the State Farm Supplier Diversity Database. Information relative to the products and services that your company provides will be made available to State Farm Purchasing employees as well as to other associates throughout the company. If there is a match between the products and services your business provides and our procurement needs, you will be contacted by a State Farm associate. It is important that you keep your data up-to-date. If there are changes to your contact information, capability statements or any other information relevant to your business, contact us at supplierdiversity@statefarm.com.
Tier II
Tier 2 Spend is measured in dollars State Farm's suppliers spend with diverse suppliers whose products and/or services cannot be identified as directly supporting the products and/or services the State Farm supplier is providing to State Farm. A supplier’s own diverse spend on operating supplies and maintenance services are some examples of Tier 2 Spend. Tier 2 Reporting is due to State Farm by our suppliers 30 days following the end of each quarter.
FAQ
To be eligible to participate in the Supplier Diversity Program at State Farm, a business must be at least 51% owned and controlled by minorities, women, veterans, service-disabled veterans, people with disabilities and LGBTQ+ community. In addition, your business must be certified with a local, state, national, or government organization. A certification is the process by which an organization verifies, using a combination of screening interviews, site visits, and capability studies, that a business is diverse.
Suppliers must be certified diverse in order to participate in State Farm’s Supplier Diversity
program.
These certifications must be done by an independent third party. Reach out to the Supplier Diversity
Team at supplierdiversity@statefarm.com with any certification questions. Listed are a few
certifying
entities:
- National Minority Supplier Diversity Council (NMSDC)
- Women’s Business Enterprise Council (WBENC)
- National Gay and Lesbian Chamber of Commerce (NGLCC)
- National Association of Minority Women Owned Law Firms (NAMWOLF)
- US Hispanic Chamber of Commerce (USHCC)
- US Pan Asian American Chamber of Commerce (USPAACC)
- National Veteran Owned Business Association (NaVOBA
- Disability:IN
- State/ Government office
- Local Chamber of Commerce
Certification does not guarantee a contract with State Farm.
The role of the Supplier Diversity Team is to assist in connecting diverse, qualified suppliers with the right procurement specialist and business area. To aid diverse suppliers in the State Farm purchasing process, the Supplier Diversity Team strives to accurately match diverse vendors with the appropriate procurement opportunities. Once a match has been established you will be contacted by the appropriate procurement specialist.
Contact the Supplier Diversity Team at supplierdiversity@statefarm.com
Please visit our New Suppliers page for a partial list of the products and services State Farm purchases.