York University is now one of Canada's first Universities to have a Social Procurement Policy.
Social procurement considers how procurement, the process of buying goods and services, can positively impact the social well-being of communities and assist to reduce poverty, promote economic and social inclusion, and support local economic development and social enterprise. It fosters an enabling environment by embedding supply chain diversity and workforce development initiatives within procurement processes to promote inclusive economic growth.
York University is committed to use its purchasing power to benefit local economies and to provide fair access to its procurement services by providing additional opportunities to underrepresented businesses and communities. York's Social Procurement Policy establishes the framework of values and principles for implementing these opportunities.
York aims to increase the number of employment apprenticeship and training opportunities for people from the University's local neighborhoods, other Equity-Deserving Communities and Indigenous People, and to broaden York's supply chain by providing diverse vendors with equitable access to tender opportunities to foster inclusive economic growth.