ITG Brands Honored with Kathiann Lester Award for Diversity
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ITG Brands Recognized for Commitment to Supplier Diversity
ITG Brands proudly announces its receipt of the prestigious Kathiann Lester Award from the Greensboro Chamber of Commerce. This honor highlights the company's dedication to supporting underserved communities while driving job creation in the region.
Empowering Underserved Communities
The Kathiann Lester Award is presented to businesses that significantly contribute to the economic vitality of the local area. With this recognition, ITG Brands showcases its ongoing efforts to uplift minority-owned suppliers by connecting them with organizations that need their services. This initiative is part of a broader strategy to enhance economic resilience and diversity within the community.
Diversity, Equity, and Inclusion at ITG Brands
Kim Reed, President and CEO of ITG Brands, emphasized the importance of building an environment where everyone feels valued and included. "Creating a culture of diversity, equity, and inclusion across our operations is key to our success," she stated. The recognition from the Chamber reinforces the company's commitment to fostering growth in quality, equality, and business opportunities for minority groups.
Impact of the Accelerate Greensboro Initiative
The Accelerate Greensboro initiative connects minority-owned businesses to larger organizations, paving the way for improved economic conditions. Since its launch, the program has successfully facilitated over $11 million in revenue growth for participating minority suppliers, showing the significant impact of such partnerships.
Community Engagement and Support
Brent Christensen, President & CEO of the Greensboro Chamber, noted that ITG Brands’ strong emphasis on fostering a culture of diversity aligns perfectly with the values represented by Kathiann Lester. The chamber is committed to leading the way in supporting minority entrepreneurship and sees ITG Brands as a beacon of excellence in these endeavors.
ITG Brands' Digital Transformation for Supplier Diversity
The company's innovative approach to a digital transformation strategy emphasizes the importance of supplier diversity. Highlights of this initiative include the establishment of a new headquarters and a focus on inclusivity in its procurement processes.
Commitment to Diverse Suppliers
ITG Brands has invested nearly $2.5 million in minority-owned construction companies as part of its facilities expansion. Furthermore, the company ensures that most of the services provided during their grand opening were sourced from minority-owned businesses, reflecting their commitment to community and diversity.
About ITG Brands
ITG Brands is a prominent player in the U.S. tobacco industry, recognized for its operational integrity and commitment to innovative market strategies. As a member of the Imperial Brands PLC family, it operates at the forefront of its sector, continually looking to enhance its contributions to local economies and supplier networks.
Frequently Asked Questions
What is the Kathiann Lester Award?
The Kathiann Lester Award is presented by the Greensboro Chamber of Commerce to businesses that make significant contributions to the economic growth and support of minority communities.
How has ITG Brands contributed to local communities?
ITG Brands actively supports local communities by engaging in initiatives that promote supplier diversity and allowing minority-owned suppliers access to opportunities within their organization.
What is the Accelerate Greensboro initiative?
Initiated by the Greensboro Chamber of Commerce, Accelerate Greensboro connects minority-owned suppliers with businesses looking for their services, driving economic vitality in the region.
How much has ITG Brands invested in minority businesses?
The company has invested nearly $2.5 million in construction projects through minority-owned businesses as part of their efforts to boost diversity in their operations.
Where can I learn more about ITG Brands?
For more information, visit ITG Brands' official website, where you can explore their initiatives and corporate values.
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