Alternative Investment Management Firm Apollo Launches High Impact Diversity-Focused Supplier Programme
Alternative #investment manager Apollo Global Management Inc. announced this week the launch of its Supplier Diversity programme and it’s noteworthy news. The ambition of the programme is to have Apollo’s #privateequity funds’ portfolio companies spend $1 billion with diverse businesses (including minority-owned and women-owned companies).
Apollo is a #financialservices firm with a #purpose. It “invests in opportunities, communities, and our people” and marries positive outcomes for investors with positive #socialimpact. This said, it continually strives for solutions which deliver business requirements while, at the same time, drive #systems change.
The #Supplier Diversity Programme is one such example of its progress. Apollo’s portfolio is effectively served at the same time minority- and women-owned businesses advance.
The Apollo Supplier #Diversity Programme’s approach, some might argue, is not earth-shattering. But -- what does it matter? Surely what matters is the impact.
What more can you do with your #business to drive change and deliver positive impact?
#betterbusiness #future #diversityandinclusion
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