Our Commitment

“Our core values at Transamerica include tuning in, stepping up, and being a force for good. I can think of no better way of accomplishing these objectives in procurement than by focusing on supplier diversity and sustainable procurement. We are proud to be recognized for building a culture of inclusivity and doing business with qualified small, minority, veteran, disabled, LGBTQ+ and women-owned businesses furthers that goal.” 

— Lawrence Kane, Head of Procurement  

Program Overview

We’re dedicated to fostering business relationships with diverse suppliers who offer high-quality goods and services with competitive pricing.

The objectives of our Supplier Diversity Program are to:

  • Actively seek out small businesses and certified diverse suppliers that can provide competitive, high-quality goods and services.

  • Establish a method of self-certification and registration for diverse suppliers that meet qualification requirements.

  • Ensure the inclusion of diverse suppliers is built into the strategic sourcing and procurement process.

  • Drive broader organizational awareness and adoption of the program, its value, and how it aligns to our core values.

  • Achieve year over year increases in the number of small businesses and certified diverse suppliers as well as  the percentage of our addressable spend with this important supplier segment.

Program Eligibility

To be considered eligible, businesses must be:

  • Located within the United States, its territories, or possessions
  • Owner/s must be U.S. citizens or legal residents
  • A Small Business or 
  • At least 51% owned and operated by a woman, minority, veteran, disabled veteran, or LGBT individual
    • Certification is available through several organizations including the following agencies:

National Minority Supplier Development Council or regional affiliate

Women’s Business Enterprise National Council

National Women Business Owners Corporation

National Gay & Lesbian Chamber of Commerce

Supplier Criteria

Suppliers are chosen first on their ability to meet the needs of our business. All suppliers must meet the following criteria: