Hi Ankita, what I understand from sources is that a Supplier Diversity program is a proactive business initiative that encourages the use of minority-owned, women-owned, veteran-owned, LGBT-owned, service-disabled veteran-owned, historically underutilized businesses, and Small Business Administration (SBA)-defined small business concerns as suppliers.
A supplier diversity commitment benefits a company because it promotes innovation through the introduction of new products, services, and solutions. It provides multiple channels from which to procure goods and services and drives competition (on price and service levels) between the company's existing and potential vendors.
Also, read more at [URL:https://www.bd.com/en-us/company/trading-partners/bd-suppliers/supplier-diversity-program/business-size-and-diversity-certification-requirements](https://www.bd.com/en-us/company/trading-partners/bd-suppliers/supplier-diversity-program/business-size-and-diversity-certification-requirements).
I'm not fully aware of the requirements, so see if the attached material would help in case. Pardon me if this is not of any help.