Expanding supplier diversity

We source products and services from businesses that reflect the diversity of our markets and contribute to the sustainability of our communities, customers and company.

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Selecting our suppliers

Lincoln’s procurement team identifies, evaluates and qualifies suppliers to support our business. While we seek suppliers that provide first-rate goods and services at the best cost, we also consider innovative ideas and solutions. A diverse and inclusive supplier base enhances our brand, expands the breadth of our supplier talent and reinforces our commitment to the communities where we live and work.

Supplier goods and services

Our procurement organization works diligently to identify, evaluate and qualify potential suppliers to support the ongoing needs of our business. Among the goods and services we commonly buy from external suppliers are:

  • Advertising
  • Consulting/Professional services
  • Contract labor
  • Facilities services
  • HR/Employee services
  • IT software and services
  • IT hardware
  • Meetings/Events/Conferences
  • Office equipment and maintenance
  • Office supplies
  • Printing
  • Promotional items
  • Underwriting services

Supplier diversity is an important component of the Lincoln Financial Group procurement strategy and aligns with our diversity and inclusion commitment.  
 

Primary classifications

The following primary supplier diversity classifications align with Lincoln’s supplier diversity registration form.

  • Minority owned
  • HUBZone
  • LGBT owned
  • Small business
  • Small disadvantaged business
  • Veteran owned
  • Woman owned
  • Disabled owned
  • Disabled veteran owned 
     
View classification definitions.