The Billion Dollar Roundtable (BDR) represents the gold standard in corporate supplier diversity. To join this elite group, a company must demonstrate that it spends at least $1 billion annually with minority- and women-owned suppliers—verified through rigorous documentation.
As of 2024, the BDR has grown to 43 member corporations, with their collective Tier 1 diversity spend reaching an estimated $123 billion in 2022. According to BDR's economic analysis, this spending generates $2.21 to $2.99 in economic impact for every dollar spent.
Here's the complete list of companies that have earned their place in the Billion Dollar Roundtable, along with verified spending data where available.
The Billion Dollar Roundtable was founded in 2001 with a small group of pioneering companies. IBM became the first IT company to join, having spent over $1 billion with diverse suppliers since 2000. IBM has maintained this commitment, spending more than $2 billion annually worldwide with first-tier diverse suppliers since 2006.
Other charter members include Ford Motor Company, which has spent over $181 billion with diverse businesses since 1978, and AT&T, which spent $16.3 billion with certified diverse businesses in 2022 alone—accumulating more than $230 billion since launching their program in 1968.
Current BDR Members (43 Companies)The complete membership roster as of 2024 includes:
Technology: Apple, Dell, Google, IBM, Meta Platforms, Microsoft
Automotive: Ford, General Motors, Honda North America, Stellantis, Toyota Motor North America
Retail: CVS Health, Kroger, The Home Depot, Walmart
Financial Services: Bank of America, Citi, JPMorgan Chase
Telecommunications: AT&T, Comcast NBCUniversal, Verizon
Energy: Duke Energy, Entergy, Exelon, ExxonMobil, Pacific Gas and Electric
Healthcare/Pharma: Abbott, Bristol Myers Squibb, Johnson & Johnson, Kaiser Permanente, Medtronic, Merck
Industrial: Boeing, Caterpillar, Cummins
Other: Adient, Amazon, Avis Budget Group, CDW, CBRE, Coca-Cola, Procter & Gamble, T-Mobile
Notably, six of the top eight U.S. Fortune 500 companies are now BDR members: Walmart, Amazon, ExxonMobil, Apple, CVS Health, and Google.
2024 InducteesThe newest BDR members, inducted in 2024, are T-Mobile, Coca-Cola, Medtronic, and CBRE. These four companies join 15 other major corporations that have achieved BDR membership since 2022.
The 2024 summit was the largest event in BDR's 23-year history, with more than 500 participants gathering to share best practices in supplier diversity.
Verified Spending by Top CompaniesWhile not all companies disclose exact figures, here are verified spending amounts from corporate reports:
- Walmart: $13+ billion with 2,400+ diverse suppliers (FY24)
- AT&T: $16.3 billion with certified diverse businesses (2022)
- Ford: $11.1 billion with diverse suppliers (2019)
- CVS Health: $4.2 billion in diverse spend (2022)
- JPMorgan Chase: $2.5 billion with diverse-owned businesses (2019)
- IBM: $2+ billion annually with first-tier diverse suppliers globally
The Detroit 3 automakers (Ford, GM, Stellantis) historically spent approximately $25 billion annually combined with minority-owned suppliers, though tracking methods are changing in 2025.
What This Means for Certified SuppliersBDR membership signals a company's serious, sustained commitment to supplier diversity—not just aspirational goals. These 43 companies actively seek certified minority, women, veteran, LGBTQ+, and disability-owned suppliers.
For diverse businesses, targeting BDR member companies represents a strategic approach to winning corporate contracts. Each member has dedicated supplier diversity programs, many with online portals for supplier registration and matchmaking events.
Certification matters: BDR companies typically require third-party certification from organizations like NMSDC (minority-owned), WBENC (women-owned), NGLCC (LGBTQ+-owned), NVBDC (veteran-owned), or Disability:IN (disability-owned). Getting certified is the first step to accessing these billion-dollar opportunities.
Sources- Billion Dollar Roundtable Official Website
- BDR Inducts T-Mobile, Coca-Cola, Medtronic and CBRE (MBN USA)
- Bristol Myers Squibb BDR Induction Press Release
- Walmart 2024 Belonging, Diversity, Equity & Inclusion Report
- AT&T Supplier Diversity About Page
- CVS Health Supplier Diversity
- JPMorgan Chase Supplier Diversity
