In 2014, TransCanada commenced development of a Supplier Diversity and Local Participation program. This program will provide an integrated approach for planning, executing, measuring and reporting supplier diversity and local spending in the communities where we do business.
It includes an overarching framework, business policy, processes and tools to enhance supplier diversity, local participation and capacity development opportunities. The desired outcome is to provide required services to execute TransCanada’s business while realizing greater economic benefits for the local communities in association with our projects, and to improve the visibility of TransCanada where we build and operate.
The Supplier Diversity and Local Participation program is guided by the following principles: