Tier 1 and Tier 2 spent on diverse suppliers at JPMorgan Chase 2022

Published by Statista Research Department, Aug 8, 2023
In 2022, JPMorgan Chase spent approximately 2.9 billion U.S. dollars on Tier 1 and Tier 2 diverse suppliers. This included 1.7 billion U.S. dollars spent with minority-owned businesses, and 1.1 billion U.S. dollars spent with businesses owned by women.

Tier 1 and Tier 2 spent on diverse suppliers at JPMorgan Chase in 2022 (in billion U.S. dollars)

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Release date

April 2023

Region

United States

Survey time period

2022

Supplementary notes

*Businesses that are at least 51 percent owned, operated, and controlled by members of an ethnic miniority includig Black, Hispanic, Asian, and Native American.

Tier 1: The amount of spend, or procurement dollars, that the Firm spends directly with third parties that provide goods and services that support its business operations. Tier 2: The amount of spend, or procurement dollars, that the Firm's suppliers spend with their tier 1 suppliers.

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