Cintas Marks a Decade Dedicated to Diversity

Posted January 24, 2017 at 7:07 pm

Cintas Corp., Mason, OH, recently celebrated the 10th anniversary of its supplier diversity initiative, according to a news release.

Over the past 10 years, the initiative has helped Cintas build a robust network of certified diverse suppliers, train minority- and women-owned business enterprises (MWBEs) and strengthen the communities in which the company operates, the release said.

“Diversity is the key ingredient to the success of our organization because it helps drive a competitive advantage, customer satisfaction, innovation, flexibility, shareholder value, revenue and more,” said Phillip Holloman, president and COO of Cintas. “Our customer base is diverse, so it’s crucial that our supply chain is as well. We’re thrilled to mark this important milestone and continue setting new goals for the future.”

The release cited eight key accomplishments of Cintas’ diversity program. For example, the company:

  • Spent more than $1.5 billion with diverse suppliers, finishing fiscal year 2016 at 11.5%.
  • Dedicated about 58% of “diverse spend” to minority-owned businesses.
  • Won over 40 awards for its efforts in this area. Recognitions included: WE USA “100 Corporations of the Year,” Women’s Business Council and the National Veteran-Owned Business Association.

Over the next three years, Cintas’ goals include increasing savings and total value delivered by suppliers, growing revenue through the use of MWBEs, and increasing training and expanding efforts with other diverse populations. Click here for details.