Creating Shared Value
Equifax seeks to provide a fair opportunity for diverse suppliers to compete for procurement of goods and services that will uphold our business imperative to deliver innovative and differentiated service solutions for customer challenges and to provide proﬁtable growth for the company, our suppliers, and service providers. We focus on ethical inclusion to create shared value with minority- and women-owned businesses and show leadership in building the economic strength of companies that buy our products and services and of communities in which we conduct business. With the expansion of our diverse supplier base, Equifax will have further access to increased innovation and be able to enhance its delivery of products and services.Learn More >>
The certiﬁed diverse suppliers Equifax would like to engage in discussions would be provided the link to our registration proﬁle on the Equifax iSupplier portal.
Completion of the vendor registration proﬁle does not imply a procurement relationship with Equifax now or in the future. Equifax is not guaranteeing that your company will receive an RFX, request for bid, or a contract.
Supplier registration is NOT an approval to do business but allows for sourcing managers to identify potential suppliers to include in procurement opportunities.
Equifax is a global information solutions company that uses unique data, innovative analytics, technology and industry expertise to power organizations and individuals around the world by transforming knowledge into insights that help make more informed business and personal decisions.Learn More >>
Based on its Supplier Diversity Program Office commitment to minority and women-owned businesses, Equifax was nominated for 2 awards at the 2017 Spirit of Alliance Gala held by the Georgia Minority Supplier Development Council (GMSDC). The first award, Local Corporation of the Year, recognizes the GMSDC member-partner corporation that demonstrates commitment to GMSDC, minority business development, and to equal economic access for diverse suppliers. The second award, Rising Star Award, recognizes the GMSDC member-partner corporation whose supplier diversity program is less than 3 years and has effectively taken proactive measures to advance and expand the presence and capacity of diverse suppliers within their organization.
- Diverse Suppliers are certified companies that are in any of the following categories: Minority-Owned Business Enterprise; Woman-Owned Business Enterprise; Veteran-Owned or Service-Disabled Veteran-Owned Business; Lesbian, Gay, Bi-Sexual and Transgender Owned Business; Historically Underutilized Zone Business; Small Disadvantaged Business; and SBA 8(a) Business.
- Minority-Owned Business Enterprise (MBE) is any for-profit enterprise, regardless of size, in the United States (“U.S.”) or trust territories, which is at least 51% owned, operated, and controlled by a member of a minority group and targets other businesses as customers. In the case of a publicly-owned business, at least 51% of the stock must be owned by one or more such individuals. The minority ownership and control shall be real and continuing, and not solely to take advantage of special set-aside programs aimed at minority business development. Minority business owners must be U.S. citizens. Minority ethnic groups are: African American; Asian American (Pacific and Indian); Hispanic American; Native American; and other minority groups as recognized by the U.S. Small Business Administration Office of Minority Small Business and Capital Ownership Development.
- Woman-Owned Business Enterprise (WBE) is any for-profit enterprise, regardless of size, in the U.S. or trust territories, which is at least 51% owned, operated, and controlled by one or more women and targets other businesses as customers. The woman ownership and control shall be real and continuing, and not solely to take advantage of special set-aside programs aimed at women business development. Women business owners must be U.S. citizens.
- Veteran-Owned Business (VOB) & Service-Disabled Veteran-Owned Business (SDVOB) - a for-profit enterprise presently located in the United States or its trust territories, and is at least 51% owned by an individual(s) who have performed active service in one of the United States armed services, and were honorably discharged. The term “service-disabled” means that such disability was incurred or aggravated in line of duty in the active military, naval or air-service. Individual(s) must be involved in the day-to-day management of the business.
- Lesbian, Gay, Bi-Sexual and Transgender (LGBT) Owned Business - a for-profit company that is at least 51% owned, operated and controlled by a LGBT business owner of United States citizenship, and located in the United States or its trust territories.
- Historically Underutilized Zone (HUBZone) Business - a company that is certified as HUBZone (includes areas with high unemployment, low median household incomes, or both) by the Small Business Administration.
- Small Disadvantaged Business Program (SDB) - a company that is certified as disadvantaged by the Small Business Administration.
- 8(a) Program - a company that has received 8(a) certification from the Small Business Administration.
- Certification Requirements Minority-Owned and Women-Owned Businesses (MWBEs) must qualify as diverse businesses to gain contracts under the Equifax Supplier Diverse Program. This requires certification under certain classifications, including 8(a) SBA Certified; Small Disadvantage Business (SDB/SBA); HUB Zone (SBA Certified); Minority Business Enterprise (MBE); Woman Business Enterprise (WBE); Disabled Person-Owned Business (DOBE); Veteran-Owned Business (VBE); Service Disabled Veteran-Owned Business (SDVB); or Lesbian, Gay, Bi-sexual, Transgender-Owned Business (LGBT). Certification is provided by:
- National Minority Supplier Development Council (NMSDC) - http://www.nmsdc.org/nmsdc/
- Women’s Business Enterprise National Council (WBENC) - http://wbenc.org/
- National Women’s Business Owners Corporation (NWBOC) - http://www.nwboc.org/
- US Pan Asian Chamber of Commerce (USPAACC) - http://uspaacc.com/
- National Veteran Business Development Council (NVBDC) - http://www.nvbdc.org/
- US Department of Veteran Affairs (VA) - http://www.va.gov/OSDBU/veteran/verification.asp
- National Gay and Lesbian Chamber of Commerce (NGLCC) - http://www.nglcc.org/
- Small Business Administration 8(a) or Small Disadvantaged Business (SDB) Programs (SBA) – http://www.sba.gov/
- Tier I Suppliers are the vendors that directly render goods and services to the Company and submits invoice for payment.
- Tier II Suppliers are subcontractors of Tier I Suppliers. They provide goods and services to the Company (which may or may not be identifiable to the Company) but submit invoices to a Tier I Supplier. Suppliers and subcontractors directly engage in a contractual arrangement with the 1st Tier Suppliers (Prime Suppliers) in order to realize a partnership between the Company and Prime Suppliers, under which Prime Suppliers subcontract a portion of their contractual arrangements with the Company directly with diverse suppliers and contractors.
John J. Kelly
Corporate Vice President, Chief Legal Officer
Equifax recognizes that diversity and inclusion not only drive our own internal growth and development but that of the global economy. Towards that end, we are excited to announce our commitment to an Equifax Supplier Diversity Program. ...Full Quote >>
"Equifax recognizes that diversity and inclusion not only drive our own internal growth and development but that of the global economy,” said J. “Towards that end, we are excited to announce our commitment to an Equifax Supplier Diversity Program. Such a program strategically aligns with our internal and external emphasis on delivering financial capability to our communities."
Forty representatives from more than 25 companies were in attendance at the launch of the Equifax Supplier Diversity program, on May 17, 2017, as the company made its outreach to minority- and women-owned businesses official.
"Equifax has never been better positioned to smartly support our communities,” said Vice President of Global Corporate Social Responsibility David Stiffler. “From our new effort around supplier diversity to our philanthropic investments to our increasing engagement around skills-based volunteerism, we have strategically aligned our resources to create positive, lasting impact."