With companies including Ford and Harley-Davidson scaling back
diversity and inclusion efforts due to political pressures, an ethnic-minority-focused
conference in London aims to highlight the significant business contributions from this
underrepresented group.
Reshma Sheikh and Lushentha Naidoo Photo Credit: SuppliedTaking
place from September 18-19, 2024, at the QEII Centre in London, the 2024
Business Diversity Connect conference will bring together industry leaders,
diversity advocates and ethnic-minority-owned businesses (EMBs) to celebrate
and promote the importance of inclusive procurement.
Reshma
Sheikh, managing director of Minority
Supplier Development UK (MSDUK), commented on the importance of this
year's event, stating, “This conference comes at a time when far-right rhetoric
has gained traction and there’s notable pushback against Diversity, Equity, and
Inclusion (DE&I) initiatives.
Recent
race-related incidents in the UK have also exposed systemic challenges faced by
minority communities. The conference aims to counter these trends by showcasing
the remarkable contributions of ethnic minority-owned businesses and
demonstrating how increased supplier diversity can foster sustainable practices
and drive economic growth.”
Jointly
organised by the Minority
Supplier Development UK (MSDUK) and the European
Supplier Diversity Program (ESDP) the conference will feature knowledge
panel forums, fireside chats, roundtables, innovation challenges, and business
shows aimed at creating a more equitable business environment through advocacy,
support, and partnerships.
Highlights
of this year’s event include the Innovation Challenge Finals and Awards, where
twelve finalists, selected from more than 300 entries from the UK and Europe,
will present their ideas and solutions with winners receiving a £20,000 cash
prize. As well as the Business Show, which will feature corporate partners and
minority-owned businesses, showcasing their services and creating opportunities
for connections and potential business growth.
Lushentha
Naidoo, managing director at ESDP, added, “This event represents a critical
step forward in enhancing supplier diversity throughout the UK and Europe. Our
research highlights that there are approximately 800,000 minority-owned
businesses across Germany, France, Italy, Spain, the Netherlands, Sweden,
Belgium, and Ireland alone, employing 2.7 million people and generating €570
billion in turnover. Yet only one percent of corporate spending currently goes
to minority communities, so it’s high time we recognise and spotlight these
vital contributors to robust and resilient economic growth.”
The
event will conclude with an awards ceremony, recognising the achievements of
businesses and individuals who have made significant contributions to supplier
diversity and inclusion. Award categories include "Corporate of the
Year," “Emerging Corporate Supplier Diversity Programme of the Year,” and
" High Growth Business of the Year”.