Beta · Methodology in development

Rankings are built from USASpending.gov contract data plus public BDR (Billion Dollar Roundtable) disclosures. Some entity scores reflect default-bucket placeholders pending primary-source verification, so read these directionally rather than as final grades. Full methodology.

FY2024 Rankings

The Inclusion Index.

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

Entities ranked
50
Avg diverse spend
11.4%
Total diverse contracts
$218,470,000,000

Who's walking the talk?

Real spending, ranked honestly.

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.

Grade distribution

How the cohort is performing.

A
5
B
12
C
33
D
0
F
0

Rankings

Browse the full Inclusion Index.

Rank Entity Type Grade Score Diverse spend % Source
#1 Department of Defense Federal Agency B 84.0 18.9% Federal
#1 Walmart Corporation (Self-Reported) A- 92.0 12.0% BDR
#2 Department of Health and Human Services Federal Agency A- 92.7 28.0% Federal
#2 Stellantis Corporation (Self-Reported) A- 91.6 12.0% BDR
#3 Ford Motor Company Corporation (Self-Reported) B+ 89.7 12.0% BDR
#3 Department of Energy Federal Agency B- 82.7 20.0% Federal
#4 Department of Veterans Affairs Federal Agency A 93.4 32.0% Federal
#4 Verizon Corporation (Self-Reported) B+ 87.1 12.0% BDR
#5 General Services Administration Federal Agency A 93.6 36.0% Federal
#5 CVS Health Corporation (Self-Reported) B+ 87.1 12.0% BDR
#6 Kroger Corporation (Self-Reported) B 86.5 12.0% BDR
#6 Department of Homeland Security Federal Agency B+ 88.3 28.0% Federal
#7 National Aeronautics and Space Administration Federal Agency B 85.8 25.0% Federal
#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

How we score.

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.

Latest report

FY2024 Inclusion Index: Corporate & Federal Accountability Report

The FY2024 Inclusion Index ranks corporations and federal agencies on their commitment to supplier diversity. This year saw record-breaking federal small business contracting at $183.27 billion (28.78% of all contracts), …

Bring this data to your team

Use the Inclusion Index in your reporting.

Journalists, procurement teams, and policy researchers can cite the Index directly. The methodology, source data, and grading scale are all published in the open.