Albertsons Companies Continues Its Efforts for Racial Equity with Enhanced Supplier Diversity Program
03 June 2021 |
The C2FO Team
C2FO is proud to partner with leading food and drug retailer Albertsons Cos. in launching an expanded early payment program aimed at boosting supplier diversity as Albertsons reaffirms its commitment to racial equity.
The goal of the new program is to help diverse-owned businesses alleviate immediate capital challenges by making access to working capital more equitable and providing funding at significantly lower rates.
“Albertsons Companies is dedicated to helping our communities lay the foundation for racial equity,” said Jonathan Mayes, Albertsons SVP, Chief Diversity & Inclusion Officer. “We’re taking these steps as part of our commitment to diversity, equity and inclusion in our company, and the businesses we choose to partner with so that we reflect the wonderfully diverse communities we serve.”
To learn more about the early payment program and other steps that Albertsons is taking to enhance supplier diversity, click here.
To read how various media covered Albertson’s announcement, click the links below: