Our vision and values                      
 Sustainability report overview              
 Group overview                               
 Group executive committee          
 Executive summary                           
 Stakeholder engagement               
 Economic contribution                    
 Corporate governance and ethics
 BEE and FSC                                   
 Shareholders                                
 Customers                                        
 Employees                                     
 Suppliers                                         
 Corporate social responsibility
 Environment                                    
 African footprint                                  

Suppliers

   
 
We are committed to helping create, support and develop black-owned businesses as suppliers of goods and services to Standard Bank.
 
picture: Supply chain management employees engaging with suppliers.
Supply chain management employees engaging with suppliers.
 

Highlights

  • we developed our preferential procurement policy; and
     
  • we developed our supplier engagement strategy.

Looking ahead we will strive to

  • increase expenditure with small, medium and micro BEE suppliers;
     
  • implement an enterprise development initiative;
     
  • complete supplier accreditation;
     
  • streamline our supplier database; and
     
  • implement a new management information system, which will ensure better management and reporting of procurement spend.