Supplier Diversity Program

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The following is a list of articles that will provide some more information on the New York Life Supplier Diversity Program:

Some of the Goods and Services We Buy
The following is a representative, but not all-inclusive, list of the products and services we commonly buy:

  • Brokerage and Investment Banking Services
  • Car Service
  • Construction and Related Services
  • IT Consulting and Services
  • Corrugated Paper Products
  • Electrical Supplies
  • Electricity Providers
  • Furniture
  • Janitorial Services and Supplies
  • Management Consultants
  • Office Equipment
  • Office Supplies
  • Printing
  • Promotional Items
  • Temporary Labor

How is Diverse Business Defined?
A diverse business is defined as a for-profit enterprise that is owned, operated and controlled by minority group members (e.g., African Americans, Hispanic Americans, Native Americans, Asian Americans) (MBEs), by women (WBEs), or by Lesbian, Gay, Bisexual or Transgender (LGBT) individuals.. “Owned” means the business is at least 51 percent owned by such individuals (in the case of a publicly owned entity, at least 51 percent of the stock must be owned by one or more such individuals). “Controlled” means actively exercising power to make policy decisions, and “operated” means active involvement in the daily management of the business.

How do I Become Certified?
In order to do business with New York Life as a diverse supplier, your organization must be certified by the National Minority Supplier Development Council (www.nmsdc.org), the Women’s Business Enterprise National Council (www.wbenc.org) or the National Gay & Lesbian Chamber of Commerce (www.nglcc.org).

We also recommend that you register with us by visiting www.newyorklife.com/supplierdiversity. Once your information is received we will contact you if any additional details are required and your business will be kept in our database for future reference and made available whenever a need arises for one or more of the products and services you offer.

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