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Circular Procurement
Circular procurement is an approach to procurement that aims to minimize waste, conserve resources, and promote a circular economy. It involves selecting products, materials, and services that are designed for durability, repairability, and recyclability. Circular procurement emphasizes the use of renewable resources, encourages the adoption of eco-design principles, and prioritizes suppliers that implement sustainable practices, such as product take-back programs and material recycling. By incorporating circular principles into procurement decisions, organizations contribute to closing the resource loop, reducing environmental impacts, and promoting the efficient use and reuse of materials, fostering a more sustainable and regenerative economy.
Specialism:
Procurement Strategy Sustainability