ML302: David Latten (Leader at Logitech)

<p>David Latten is the Head of Global Indirect Procurement and Supplier Diversity &amp; Equality at Logitech. Lean in as he discusses what he's passionate about, his niche: As of today, despite all our best supplier diversity efforts, only 6.1% of the total US corporate spending goes to Black, women and other under-represented suppliers. The other 94% of corporate spend represents a vast untapped opportunity to positively impact equality. Most of this 94% of non-diverse spend is with very large suppliers.&nbsp;These large, non-diverse organizations employ millions of people across many countries and accrue trillions of revenue each year. These influential companies have the power to shape a gender fair future and in turn we have the power to influence them. <strong>We will not achieve gender equality without these large organizations taking a stand.</strong></p><p><strong>&nbsp;</strong></p><p>Logitech along with <a href="https://www.genderfair.com/" rel="noopener noreferrer" target="_blank">Gender Fair</a> co-founded The Coalition For Gender Fair Procurement with the simple aim of <strong>leveraging the multi-trillion dollar spending power of corporate procurement as a lever to provoke urgently needed progress towards gender equality.</strong></p><p><strong>&nbsp;</strong></p><p>In coalition with <a href="https://www.genderfair.com/" rel="noopener noreferrer" target="_blank">GenderFair</a>, Logitech has started assessing their high impact (high headcount and/or high revenue) suppliers for gender fairness using <a href="https://www.genderfair.com/standard-and-metrics/" rel="noopener noreferrer" target="_blank">GenderFair/Ethisphere</a> <a href="https://www.genderfair.com/standard-and-metrics/" rel="noopener noreferrer" target="_blank">assessment</a> based on the UN WEPs. We will continue to assess these suppliers each year with the hope and expectation of seeing progress in their gender fairness. We will also look to direct future spend decisions towards gender fair organizations.</p><p>&nbsp;</p><p>But this is not