Supplier diversity is an important component of BNY Mellon's corporate business strategy. Through our Supplier Development Program, we continue to take positive steps in building and maintaining a diverse supplier base. We work closely with our existing small and diverse suppliers to expand their opportunities within the Corporation, providing our guidance and support as needed to prepare them to bid on new business with us. We collaborate with organizations focused on the economic development and growth of companies. This commitment to the economic growth and development of small and diverse businesses has the full support of our corporate leadership.
Through our membership and participation in the diversity supplier organizations, as well as our involvement in trade shows and support and sponsorship of other business events, we actively look to identify new sources of qualified diversity suppliers. In addition, we are continuously assessing our performance against industry best practices, and we often work with our major suppliers to identify joint venture opportunities, as well as mentoring diversity suppliers with whom we hope to work in the future. Supplier diversity not only makes good business sense, it's our policy, our commitment and our corporate responsibility.
We hope this information will help you find the right combination to unlock your business opportunities at BNY Mellon.