Sustainable Procurement


Sustainable Procurement is the commitment to considering 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 comply 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 increased consumer requirements for sustainable goods and services. Due to this, sustainable factors are now a key pillar of the business requirements gathering activities.

Please Login to see terms definitions!