Commitment to Supplier Diversity
Strengthening Our Commitment
Led by Senior Vice President and Chief Diversity Officer, Dwight Robinson, Freddie Mac's Outreach, Diversity and Inclusion division is the driving force guiding Freddie Mac's corporate diversity and inclusion strategy ensuring we are a high performing business leader equipped to meet the challenges of the future.
At Freddie Mac, our goal is to embed diversity and inclusion into all our business practices. Supplier Diversity is a key pillar – and a competitive advantage – in helping us meet this goal.
By integrating and aligning senior management's vision with daily practices, we are ensuring the company is effectively utilizing diverse talent both among its suppliers and within its employee base, while communicating goals and progress organization-wide to influence cultural change.
Additionally, we continue to strengthen our commitment to both supplier diversity and workforce diversity. The national recognition we continue to receive as a top company for our supplier and workforce diversity efforts encourages us to keep working on expanding our marketplace opportunities and building an inclusive workplace, carrying forth our corporate mission, and strengthening the programs that allow us to reach these goals.
In 2012, we awarded 31 percent of corporate procurement and REO HomeSteps dollars to diverse suppliers, which places us in excellent standing when comparing Freddie Mac to many of our peer corporations.
The Outreach, Diversity and Inclusion division working closely with Supplier Diversity and Procurement, allows us to better align our lines of business with diverse suppliers. These suppliers posses unique and innovative perspectives, including insights into emerging markets, that provide us with an expanded capability to carry out our vital mission and support the nation's housing and economic recovery.
"Freddie Mac has an incredibly diverse workforce — the most diverse of all our clients.The company has a real commitment to teaching people how to work effectively across cultures."
— Leslie Traub President, Cook Ross
“Freddie Mac is one of the strongest supplier diversity relationships we have.”
— Linda Wein Chairman & CEO, The BOSS Group
“Our relationship gave us the necessary exposure, affording important opportunities to showcase our wares and earn the business.”
— David Jones CEO, CastleOak Securities
“Freddie Mac helped us expand and become a valued partner to numerous corporations in the financial services industry.”
— Mahfuz Ahmed CEO, DISYS
“Supplier Diversity helped us get our contract executed — often a big barrier to entry at companies.”
— Michelle Boggs President & CEO, McKinley Marketing Partners
“Having Freddie Mac as my first client gave me the ability to have a nationwide impact from the start.”
— Keith Murray President & CEO,VRM
"A strong supplier diversity program helps Freddie Mac’s business and allows us to more effectively meet the needs of all the communities we serve."
– Donald H. Layton, Chief Executive Officer