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Extend impact through the supply chain

Across our supply base, we maintain numerous collaborative partnerships with organizations that advance small businesses, women- and minority-owned companies and other suppliers. We extend reach through the supply chain, engaging widely with these organizations to support the growth and development of suppliers in our ecosystem and enhance access to suppliers to our business opportunities. In 2023, we generated $540 million in Tier 2 diverse spend.

In addition, we engaged with Randstad in a new initiative aimed at providing opportunities for talented individuals who have been displaced by conflict. This partnership aims to offer access to permanent and contingent jobs at Johnson & Johnson across Europe.

We also doubled our certified Women-Owned Business Enterprise (WBE) spend as identified in our charge card data to $6 million from approximately $3 million in 2022, emphasizing our commitment to leveraging growing opportunities to support WBEs. This was enabled through our expanded collaboration with American Express and the Women’s Business Enterprise National Council (WBENC). We plan to further expand this initiative to include small and other diverse business groups in the future.

WBENC’s partnership with Johnson & Johnson continues to deepen with collaborative efforts such as the AMEX engagement. We applaud their unwavering commitment to supporting WBE growth.”

Pamela Prince-Eason, President and Chief Executive Officer, WBENC

Women Mentoring Women (WMW): By pairing senior J&J business leaders with women-owned business owners who are current suppliers to J&J, we strive to promote collaboration, knowledge sharing and personal development. We executed our fifth cohort of the WMW program with more than 66% of mentees in 2023 from outside of the U.S.

National Minority Supplier Development Council (NMSDC): J&J sponsored the NMSDC Centers of Excellence program, designed to broaden the capabilities of Minority-owned Business Enterprises to compete in a global environment. Nearly 60 NMSDC-certified Women- and Minority-owned Business Enterprises benefited from coaching with corporate leaders and mentors, as well as seminars delivered by business schools, J&J experts and industry partners.

Recognition in 2023