Tier II Reporting

Encouraging inclusion throughout the supply chain.

KeyBank’s inclusion practices embrace our broad spectrum of suppliers and encourage all suppliers to do the same. Key has provided the following overview to support the awareness and execution of this business strategy.

Report Your Second-Tier Spending

KeyBank has a program for our Tier I suppliers to voluntarily report your spend with small and diverse businesses.

KeyBank has automated how we request, communicate, gather, and consolidate reports from all the suppliers providing Second-Tier supplier diversity data. To learn more about reporting Second Tier spend to Key or for questions, please contact Jason Cwiklinski at 716-342-3077 or email us.

Program Terms and Definitions

Primary (Tier I) suppliers – Suppliers who contract directly with KeyBank to provide goods or services.

Second-tier (Tier II) suppliers – Subcontractors who provide goods or services to Tier I (primary) KeyBank suppliers.

Second-tier direct spend – The process by which a contracted majority supplier subcontracts to a qualified small and diverse business for goods or services that directly support the fulfillment of a KeyBank contract.

Second-tier indirect spend suppliers – Spend contracted with diverse suppliers that has been prorated based on supplier sales and/or percentage of a supplier’s total revenue.