MGM Resorts International has been named one of the 2023 America’s Top Corporations for Women’s Business Enterprises by the Women’s Business Enterprise National Council. It will be honored at the WBENC National Conference, taking place March 20-23, 2023, in Nashville.
The company is one of only four honorees in the travel & hospitality and arts, entertainment & recreation category, and the only gaming company to be recognized. It is also the only national award honoring corporations for world-class supplier diversity programs "that reduce barriers and drive growth in women-owned businesses."
Kenyatta Lewis, Executive Director of Supplier Diversity & Sustainable Procurement, commented: "MGM Resorts values the innovation, motivation and drive that WBENC-Certified Women's Business Enterprises bring to our business ecosystem and supplier diversity initiatives. We're honored by this recognition and look forward to even more collaboration in the coming years."
In a statement, MGM Resorts stated it is committed to increasing business opportunities for diverse, women-owned businesses, "fueling innovation, growth and development, and breaking down barriers for women entrepreneurs."
Pamela Prince-Eason, President and CEO of WBENC, said: "America's Top Corporations set the standard for leadership in corporate supplier diversity programs and supply chains, as well as in development and support for women-owned businesses.”
“Top Corporations are valued partners in our now 26-year strong WBENC commitment to providing essential growth and opportunities to women entrepreneurs and business owners,” she added.
The WBENC Top Corporations model reviews WBE outreach and engagement, such as providing support for successful onboarding and retention of WBEs for supply chain business needs and development of future WBEs.
The model also assesses foundational concepts of supplier diversity, including overall program structure, contracting, and reporting, and organization accountability with executive leadership and line of business decision-makers.
Supplier diversity "is an integral part of MGM Resorts' business strategy," the company stated. "The business is exceeding its goal of spending at least 10% of domestic biddable spend with diverse-owned suppliers and since the program's beginnings in 2001, MGM Resorts has spent $4.6 billion with diverse-owned suppliers," a statement reads.
Congratulations to the graduates! This week, 26 certified diverse-owned businesses completed the MGM Resorts Supplier Diversity Mentorship Program. (1/2) pic.twitter.com/JoAIogQvg5— MGM Resorts (@MGMResortsIntl) January 28, 2023
MGM Resorts has graduated 67 suppliers from the Supplier Diversity Mentorship Program, with a goal to graduate 150 suppliers by 2025.