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Engaging in sustainable, or green, business practices has become one of the most pressing challenges of recent times. With as much as 70% of an organization’s costs being spent on the procurement of goods and services, procurement can be used to achieve sustainability goals. This can be done by requiring public and private suppliers to meet sustainability targets in the goods and services that they provide.
Achieving this lofty goal is not without its challenges. Organizations need to consider effects on the supply chain, what sustainable procurement targets are to be met, how success may be measured, how to ensure that the desired business outcome is still achieved, and many other considerations.
PPI assists private and public organizations in the evaluation, adoption and implementation of sustainable, or green, procurement practices by providing the following services:
- Sustainable procurement program and policy review
- Benchmarking to international sustainable procurement best practices
- Sustainable procurement business case development
- Strategies for incorporating sustainability requirements into existing procurement strategies
- Supplier engagement and consultation
- Sustainable procurement transaction support
- Facilitation and training sessions