Allianz Holdings diversifies suppliers
Allianz Holdings is striving to place more business with diverse suppliers through a pilot with Kaleida International, an inclusive business-to-business (B2B) marketplace for tenders.
Suppliers listed on Kaleida are businesses which are at least 51% owned and operated by women, veterans, people from ethnic minorities, from LGBTQ+ communities, or people who are neurodivergent or have disabilities. These suppliers are often certified by a third-party entity but can also be self-certified.
The partnership with Kaleida will support procurement, supply and workplace services within the Allianz group, including LV=, as they look to diversify their pool of providers. Alongside traditional market research tools, it will help them identify, assess and invite diverse suppliers to their upcoming tenders.
The types of contracts that may come in its scope include software and IT services, research and insight or asset valuation, to name a few examples.
The supplier diversity pilot runs until the end of the year, allowing Allianz to deep dive into its pipeline of opportunities and review the Kaleida platform in detail to maximise all the benefits that the partnership can bring.
It builds on other Environmental, Social and Governance (ESG) initiatives, such as Allianz’s sustainable procurement charter, which prioritises suppliers with strong ESG commitments. The Kaleida partnership focuses on the social element of the ESG agenda.
About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance
"Finding Diverse Suppliers is time-consuming as the process today involves researching against multiple databases."
Founded in 2019, Kaleida International is a B2B marketplace for Tenders connecting Buyers to Suppliers, and Diverse Suppliers. With a focus on helping the Chief Procurement Office achieve its ESG goals, and alerting companies to new revenue opportunities, Kaleida's fully-inclusive platform helps Buyers find, identify and assess Diverse Suppliers they can invite to Tender.
In 2022 Kaleida will publish £750b in both Public and Private sector tenders for suppliers, and Diverse suppliers to apply to. By increasing access to commercial opportunity, we believe we can drive equality through providing access to economic parity.