Category Archives: Green Sourcing
Sustainable sourcing — considering environmental and social impacts in selecting and managing suppliers — can enhance your company’s brand, improve operations and drive efficiency while promoting a healthier environment and stronger community. Regulators, consumer groups and customer demands drive sustainability requirements. Trillions of dollars are being invested in green funds, and companies tout their sustainability initiatives through ad campaigns. Risk management experts know that a company’s reputation can be tarnished by the careless environmental actions of its suppliers. Procurement organizations … More
Before an organization can go green, it has to want to go green. So, why should an organization want to be green? Below are five benefits of becoming a green procurement organization: Brand Image: An organization that has gone green is seen as a good corporate citizen. This increases its image in the eyes of the public. Customer Satisfaction: An organization that goes green in response to customer concerns increases its levels of customer satisfaction, a key point in customer … More
