Sustainable purchasing is the next CEO challenge

According to our global study on sustainable procurement, C-level leaders inspire their workforce regarding sustainability, with CEOs taking responsibility and ownership of sustainable transformation as Chief Environmental Officers. They are creating the vision and strategy and supporting the necessary organizational change. To enable and support the people responsible for implementing procurement, CEOs and, to some extent, CFOs, must weigh budget allocation.

Ralf Dillmann, Partner Sourcing and Procurement at BearingPoint

A sustainable purchasing transformation is the next CEO challenge, with leaders inspiring their teams to act sustainably. Leaders need to take ownership to support the organizational change and required budget to make their strategy happen.

Ralf Dillmann, Partner Sourcing and Procurement at BearingPoint

As the study makes clear, sustainability has never been higher on the procurement agenda

There is agreement across regions, industries and teams that having a sustainable procurement approach is vital for a company’s future success. Surprisingly, even though all those surveyed consider sustainability a critical success driver, few companies claim to be already advanced in their sustainability journey.

There is a sizeable gap in perception between management and operations on how advanced their company’s approach to implementing sustainability is. Leadership positions are almost twice as likely to rate their company as highly advanced compared to operational roles.

76%

agree that a great deal of effort is needed and that more budget for IT systems needs to be allocated to track scope 3 emissions.

Top barriers to achieving sustainable ambitions

  • Insufficient training
  • Lack of reporting on supply chain sustainability/transparency 
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