At the World Bank Group, we believe that a diverse supplier base benefits us by bringing different perspectives, innovative solutions, and a resilient supply chain. We are committed to promoting, increasing, and improving the business participation of Minority- and Women-Owned Business Enterprises (MWBEs) in our procurement process.
We will address these two underrepresented groups in a phased approach proportional to the representation and availability of accreditation associations on the global and local markets. Following this strategy, the Bank Group recently announced a commitment to double its spend with women-owned businesses (WBEs) by 2023. This global initiative is supported by membership in WBENC and WEConnect International, the latter focused on the development and accreditation of WBE in World Bank Group client countries.
Corporate Procurement strives to provide opportunities for MWBEs to compete on an equal basis for the Bank Group's business. Companies do not need to be registered with the Bank Group in order to participate in a solicitation process.
The following are diverse supplier definitions that the World Bank Group subscribes to:
Women Business Enterprise (WBE)
Any for-profit enterprise, regardless of size, located in the United States, its territories, or in countries the Bank works with, which is at least 51% owned, operated* and controlled* by a woman or women.
The World Bank Group recognizes accreditation for WBE as provided by Women’s Business Enterprise National Council (WBENC) in the United States, and WEConnect International for non-US based businesses. To be recognized as a WBE, vendors must provide their WBENC certification number or WEConnect certification number during vendor registration.
Minority Business Enterprise (MBE)
Any for-profit enterprise, regardless of size, located in the United States or its territories, which is at least 51% owned, operated* and controlled* by a member(s) of a minority group. “Minority Group Members” are US citizens who are Asian, Black, Hispanic and/or Native American.
Accreditation for MBE in the U.S. is provided by the National Minority Development Council (NMSDC).
* "Operated" in this context means being actively involved in the daily management of the business. "Controlled" in this context means exercising the power to make policy decisions.
Primary Supplier Expectations and Tier 2 Vendors
Where possible, the WBG encourages its prime suppliers to engage with diverse suppliers and report these efforts within performance status meetings.
The World Bank Group
Attn: Adam Rubinfield
Sustainability Program Manager
1818 H Street, NW
MSN: C 4-400
Washington, DC 20433