Across all regions and all industries, procurement organizations are rising as key drivers for sustainability by their strategic position in the upward supply chain. They can influence the market through their buying behaviour - therefore having a high capacity to drive change on a global scale - and their direct relation with suppliers gives them the unique opportunity to drive the calculation and reduction of scope 3 greenhouse gas emissions.
But how can your organization initiate its sustainable transformation? How can you position as a major sustainability player?
This guide is intended for procurement professionals interested in learning how to incorporate sustainability into their purchasing processes, culture, operations, and understand their influence on scope 3 emissions.
Our playbook provides a concrete view and examples of the 5 crucial steps to embed sustainability.
Sustainable procurement integrates social and environmental criteria in the procurement of products and services. This means that in addition to conventional decision-making parameters such as price and quality, further parameters such as environmental friendliness and social justice are taken into account in order to assess a decision in the procurement area.
However, sustainable procurement is not an end in itself. If it is optimally implemented in the company, it can help to make procurement in companies
An increasing number of companies have realized that supply chain sustainability not only ensures compliance with increasing regional laws and adhering to international regulations, but goes beyond: it guarantees future competitiveness and resilience by improving economic, social, ethical and environmental impacts.
Sustainable companies witness benefits that elevate them from the competition:
Since the release of the 17 United Nation's Sustainable Development Goals in 2015, a growing number of purchasing organizations have decided to play a bigger role in society and improve the overall value chain impact on people and our planet.
The core business of sourcing professionals is evolving from pure cost cutting to focusing on collaboration, supplier engagement, joint solution innovation, and leveraging IT solutions to improve transparency and risk mitigation.
We've captured our five-step plan for you to start your company on the journey to sustainability in our "5 steps to establishing a sustainable purchasing organization" playbook.
Simply download the playbook and get inspired!