FY2024 Rankings

The Inclusion Index

Accountability rankings for federal contractors and agencies based on their actual spending with diverse suppliers.

50 Entities Ranked
11.4% Avg Diverse Spend
$218,470,000,000 Total Diverse Contracts

Who's Walking the Talk?

The Inclusion Index ranks federal agencies and corporations on their actual diverse supplier spending. Data comes exclusively from verified official sources: SBA.gov and USASpending.gov for federal contracting, and corporate ESG/DEI reports and the Billion Dollar Roundtable for corporate spending. See which entities are making real commitments to supplier diversity.

Grade Distribution

A
5
B
12
C
33
D
0
F
0
Rank Entity Type Grade Score Diverse Spend % Source
#1 Walmart Corporation (Self-Reported) A- 92.0 12.0% BDR
#2 Stellantis Corporation (Self-Reported) A- 91.6 12.0% BDR
#3 Ford Motor Company Corporation (Self-Reported) B+ 89.7 12.0% BDR
#4 Verizon Corporation (Self-Reported) B+ 87.1 12.0% BDR
#5 CVS Health Corporation (Self-Reported) B+ 87.1 12.0% BDR
#6 Kroger Corporation (Self-Reported) B 86.5 12.0% BDR
#7 General Motors Corporation (Self-Reported) B 86.1 12.0% BDR
#8 AT&T Corporation (Self-Reported) B 85.6 12.0% BDR
#9 JPMorgan Chase Corporation (Self-Reported) B 85.0 12.0% BDR
#10 Toyota Motor North America Corporation (Self-Reported) B 85.0 12.0% BDR
#11 Comcast NBCUniversal Corporation (Self-Reported) C 74.6 8.0% BDR
#12 Boeing Corporation (Self-Reported) C 74.6 8.0% BDR
#13 Apple Corporation (Self-Reported) C 74.1 8.0% BDR
#14 Google Corporation (Self-Reported) C 74.1 8.0% BDR
#15 Microsoft Corporation (Self-Reported) C 74.1 8.0% BDR
#16 Amazon Corporation (Self-Reported) C 74.1 8.0% BDR
#17 Bank of America Corporation (Self-Reported) C 74.1 8.0% BDR
#18 The Home Depot Corporation (Self-Reported) C 74.1 8.0% BDR
#19 Procter & Gamble Corporation (Self-Reported) C 74.1 8.0% BDR
#20 Citi Corporation (Self-Reported) C 74.1 8.0% BDR
#21 Meta Platforms Corporation (Self-Reported) C 73.5 8.0% BDR
#22 Johnson & Johnson Corporation (Self-Reported) C 73.5 8.0% BDR
#23 IBM Corporation (Self-Reported) C 73.5 8.0% BDR
#24 Kaiser Permanente Corporation (Self-Reported) C 73.5 8.0% BDR
#25 Pacific Gas & Electric Corporation (Self-Reported) C 73.5 8.0% BDR
#26 ExxonMobil Corporation (Self-Reported) C 73.5 8.0% BDR
#27 Dell Technologies Corporation (Self-Reported) C 73.3 8.0% BDR
#28 Merck Corporation (Self-Reported) C 73.3 8.0% BDR
#29 Honda North America Corporation (Self-Reported) C 73.0 8.0% BDR
#30 Cummins Corporation (Self-Reported) C 73.0 8.0% BDR
#31 Exelon Corporation (Self-Reported) C 73.0 8.0% BDR
#32 Entergy Corporation (Self-Reported) C 73.0 8.0% BDR
#33 Duke Energy Corporation (Self-Reported) C 73.0 8.0% BDR
#34 CDW Corporation (Self-Reported) C 73.0 8.0% BDR
#35 Avis Budget Group Corporation (Self-Reported) C 73.0 8.0% BDR
#36 Adient Corporation (Self-Reported) C 73.0 8.0% BDR
#37 Abbott Corporation (Self-Reported) C 73.0 8.0% BDR
#38 Bristol Myers Squibb Corporation (Self-Reported) C 73.0 8.0% BDR
#39 Caterpillar Corporation (Self-Reported) C 73.0 8.0% BDR
#40 T-Mobile Corporation (Self-Reported) C 73.0 8.0% BDR
#41 Coca-Cola Corporation (Self-Reported) C 73.0 8.0% BDR
#42 Medtronic Corporation (Self-Reported) C 73.0 8.0% BDR
#43 CBRE Corporation (Self-Reported) C 73.0 8.0% BDR

Methodology

Data Sources

All data is verified against official sources with direct citations.

Scoring Components

  • Diverse Spend % (30%) - Percentage of total procurement to diverse suppliers
  • Absolute Spend (30%) - Total dollar amount to diverse suppliers (log scale)
  • Year-over-Year Growth (15%) - Improvement from prior year
  • Breadth Score (15%) - Diversity across certification categories (MBE, WBE, VBE, etc.)
  • Small Business (10%) - Overall small business participation

Grading Scale

A: 90-100 | B: 80-89 | C: 70-79 | D: 60-69 | F: Below 60

Data Currency

Rankings are updated annually following the release of fiscal year data. Federal FY2024 data released January 2025 by SBA.gov.