Sustainable Sourcing 

 

Sustainable sourcing considers the impact of environmental, economic and social factors along with price and quality. This is important in terms of how buyers conduct relationships with suppliers and service providers, especially when sourcing globally. Supply chain professionals must be aware of and look out for signs of unacceptable practices in the supply chain, and be above reproach.’

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Examples of support to buying organisations include:

  • Sustainable Sourcing/Procurement strategy, stakeholder engagement, implementation, mentoring, metrics, monitoring

  • Improved environmental and ethical/labour standards

  • Supplier Inclusion/Supplier Diversity: strategy for accessing a wider pool of suppliers and service providers

    • for innovative, responsive and competitive sourcing

    • to meet legislative and client requirements 

    • to ensure supply chain is more balanced and reflective of organisation's target markets and/or wider society

    • including supplier development (corporate ready or grassroots) as needed

    • to help meet citizenship/CSR goals

  • Collaborative approach - for example which membership organisations to participate in and how 

  • ​Impact and progress reporting and communication; alignment for transformation; brand benefits​​; program investment & development

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