Sustainable principle have become have become a strategic imperative for all business. How can procurement unlock and embed these principle to ensure organizational success ?
Sustainable principle have become have become a strategic imperative for all business. How can procurement unlock and embed these principle to ensure organizational success ?
Sustainable principle have become have become a strategic imperative for all business. How can procurement unlock and embed these principle to ensure organizational success ?
Sustainable principle have become have become a strategic imperative for all business. How can procurement unlock and embed these principle to ensure organizational success ?
Sustainable Procurement, sometimes Responsible Procurement or Ethical Procurement, is the commitment of applying consideration to environmental, social, and governance factors (ESG) in procurement decisions. These factors should be applied across all aspects of the procurement cycle. It means that the procurement processes are compliant with environmental laws, fair labor practices, resource consumption targets and other core principles of ESG. These factors are becoming more important to overall business performance due to the increase in consumer requirements for sustainable goods and services. Due to this, sustainable factors are now a key pillar of the business requirements gathering activities.
