Introduction Sustainable procurement means looking beyond price and quality to include environmental and social factors when buying goods and services. It’s a strategic approach that aligns a company’s supply chain with wider goals like environmental protection and social responsibility. In practice, embracing sustainable procurement can build brand value, satisfy eco-conscious customers, drive innovation, and strengthen …
Introduction: The European Union’s Carbon Border Adjustment Mechanism (CBAM) is a pioneering climate policy tool that reflects the EU’s commitment to achieving climate neutrality by 2050. By placing a carbon price on certain imports, CBAM seeks to prevent “carbon leakage”—a phenomenon where companies move production to countries with less stringent emissions rules—and ensure that climate …
Introduction ISO 26000 is an international guidance standard on social responsibility. Introduced in 2010, it provides organizations (of any size or sector) with advice on how to operate ethically, transparently, and in ways that improve their impact on society and the environment. Importantly, ISO 26000 is a voluntary framework – it cannot be “certified” like …
ISO 26000 and Its Role in Sustainable Procurement Read More »
Introduction Global sustainability targets – such as limiting warming to 1.5°C by 2050 – are now mainstream business drivers. Achieving net-zero emissions requires not only cutting an organization’s direct (Scope 1 and 2) emissions, but also transforming its supply chain. In fact, procurement accounts for the lion’s share of many companies’ footprints: studies find that roughly 70–99% of …
ISO 20400 and Sustainable Procurement for Net-Zero Ecosystems Read More »