Small Steps, Mighty Impact. Sustainable Procurement Practices
Sustainable procurement practices involve adopting social, economic, and environmental factors alongside the usual price and quality considerations in the procurement process. Some examples of sustainable procurement practices include purchasing products made from recycled materials, sourcing products locally, using eco-friendly packaging, implementing policies that support equal opportunities and combating discrimination, ensuring safe working conditions, working with suppliers that incorporate fair labor practices, evaluating existing procurement setup, defining a code of conduct and collaboration requirements, educating and building awareness, rewarding and responding, optimizing transportation, incorporating ISO standards, removing hazardous materials and wastes from the supply chain, having compliance with environmental laws and targets, and promoting fair labor practices. By adopting sustainable procurement practices, companies can reduce their environmental impact, promote ethical labor practices, and support social responsibility.