68 Third-Party Center of Excellence Wells Fargo Supply Chain Management and Third-Party Center of Excellence (TPCoE) works with suppliers and business leaders across the enterprise to help deliver supply solutions with acceptable third-party risk consistent with Wells Fargo’s Enterprise Third-Party Risk Management Policy and Third-Party Program Procedures . The TPCoE is responsible for strategic sourcing, negotiating commercial terms, procure-to-pay capabilities, supplier risk documentation and management, and timely supply chain analytics . We also connect with our communities through supplier diversity outreach and by embedding socially responsible strategies into our processes . Supplier diversity We understand that our success stems from diverse perspectives, and we value diversity, equity, and inclusion in our business . Supplier diversity adds value to the organization by ensuring that our supplier base mirrors the customers and communities we serve . To that same end, our Supply Chain Management group works closely with all our lines of business, as well as internal and external stakeholders, to help grow relationships with certified minority, women, LGBTQ, veteran, disability-owned, and small businesses . Wells Fargo engages numerous suppliers — companies that have direct contractual relationships with our company — to provide various goods and services necessary to running our business . These relationships don’t just enhance the value of the products and services we offer our customers, they create long-lasting collaborative relationships within our communities . On some level, our suppliers and their actions are an extension of our own actions and reputation . That’s why we expect them to demonstrate strong values and ethical practices . Supplier Code of Conduct Wells Fargo’s Supplier Code of Conduct (PDF) outlines our expectation that suppliers not only comply with applicable laws, regulations, and contract terms, but also aspire to the highest standards of ethical business practices, environmental stewardship, and community investment . It’s each supplier’s responsibility to make sure that its employees and representatives maintain a thorough understanding of our expectations as set forth in the Supplier Code of Conduct . The Supplier Code of Conduct is subject to regular review and periodic revisions as we continuously work to enhance our business practices . Dealing fairly and ethically with our suppliers Performance trends can be found in the Wells Fargo ESG Goals and Performance Data (PDF) .