The Women's Business Enterprise National Council (WBENC) included The Coca-Cola Company on its 17th annual list of America's Top Corporations for Women's Business Enterprises (WBEs). The Platinum Distinction honor, which identifies innovative companies with leading programs supporting women’s business enterprises, was presented in March during WBENC’s 20th Anniversary Summit and Salute to Women's Business Enterprises in New Orleans.
“The Coca-Cola Company is proud of our partnership with WBENC and its regional affiliates throughout the country. Our Platinum Distinction recognition reflects our resounding commitment to supplier diversity and the empowerment of women entrepreneurs,” said William “Bill” Hovis, vice president and chief procurement officer, accepted the award on behalf of the company. “We will continue to engage diverse suppliers within our supply chain as we know they bring innovation and value and we ultimately contribute to the success of those businesses and the economic development in their communities as well.”
Coca-Cola recently joined eight other top consumer companies to collectively source products and services from U.S. women-owned businesses (WOBs) over the next five years. This marked the first time WBENC launched a formal initiative to publicly report aggregated spending with women owned businesses. The cooperative purchasing power aims to create shared value by bringing innovative products to consumers and helping women-owned businesses flourish.
This is Coca-Cola’s 11th recognition by WBENC and the 2nd Platinum Distinction.
Founded in 1997, WBENC is a leading third-party certifier of businesses owned and operated by women, with over 12,000 WBENC-Certified WBEs. Click here to learn more about the annual America’s Top Corporations for Women Business Enterprises.