The United States Hispanic Chamber of Commerce (USHCC) applauds Comcast NBCUniversal for being inducted into the Billion Dollar Roundtable (BDR), an organization now consisting of 21 globally-renowned corporations, created to recognize and celebrate those companies investing at least $1 billion annually with minority and women-owned suppliers. Comcast’s membership in the BDR will allow it to share best practices with other like-minded corporations committed to diversity and inclusion. In addition to Comcast NBCUniversal, notable BDR member companies include AT&T, Avis Budget Group, Bank of America, Dell, Ford, Honda, IBM, Johnson & Johnson, Microsoft, Toyota and Verizon Communications.
“We commend Comcast NBCUniversal for joining the Billion Dollar Roundtable. Under the leadership of David Cohen, Comcast has demonstrated a sincere commitment to diversity and inclusion — most importantly among their suppliers, through which they’ve created jobs, spurred economic development, and benefited communities across America,” said USHCC President & CEO Javier Palomarez. “As a member of Comcast’s Diversity Advisory Council, I have witnessed the company’s keen appreciation for the role that small and diverse businesses play as the economic engines of our American economy. Comcast understands that the principled approach is also the profitable one. That vision resonates deeply with our association and is another reason why our partnership with Comcast is among the USHCC’s strongest”, Palomarez added.
“We are beyond thrilled to become part of the Billion Dollar Roundtable,” said Peter Kiriacoulacos, Chief Procurement Officer of Comcast NBCUniversal. “Diversity in our supply chain is integral to the continued success of our Comcast NBCUniversal family of companies. We spent more than $5 billion with diverse vendors between 2011 and 2014, and our commitment to diverse vendors will be further strengthened by our membership in the Billion Dollar Roundtable.”
ABOUT THE USHCC
Founded in 1979, the USHCC actively promotes the economic growth and development of our nation’s entrepreneurs. The USHCC advocates on behalf of nearly 3.2 million Hispanicowned businesses, that together contribute in excess of $486 billion to the American economy, each year. As the leading organization of its kind, the USHCC serves as an umbrella to more than 200 local chambers and business associations nationwide, and partners with more than 240 major corporations throughout the United States. For more information, visit www.ushcc.com and follow us on Twitter: @USHCC
ABOUT COMCAST CORPORATION
Comcast Corporation (Nasdaq: CMCSA,CMCSK) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is one of the nation’s largest video, high-speed Internet and phone provider to residential customers under the XFINITY brand and also provides these services to businesses. NBCUniversal operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts. Visit www.comcastcorporation.com for more information.
ABOUT THE BILLION DOLLAR ROUNDTABLE
The Billion Dollar Roundtable Inc. was created in 2001 to recognize and celebrate corporations that achieve spending of $1 billion or more with diverse suppliers, including minority- and woman-owned companies. The BDR promotes and shares best practices in supply chain diversity excellence through summits, collaboration with other organizations and the production of policy papers. BDR member companies review and discuss issues, opportunities and strategies related to supplier diversity as a way to advance opportunities for corporations and diverse suppliers. The BDR encourages corporate entities to continue growing their supplier diversity programs by increasing commitment and spending levels each year. For more information, go to www.billiondollarroundtable.org