Establishing competency in sustainable procurement in the age of ESG reporting

Catherine Sheehy and Josh Jacobs
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Catherine Sheehy: Global Lead for Sustainability, Circularity and ESG Strategist, UL, USA
Josh Jacobs: WAP Sustainability, USA

Journal of Supply Chain Management, Logistics and Procurement, 2021, vol. 4, issue 2, 126-136

Abstract: With the rise of environmental, social and governance (ESG) reporting and a growing number of activist investors demanding greater visibility into organisations’ true impacts beyond financial performance, sustainable procurement is increasingly essential. With an already daunting list of product and service criteria and considerations, however, many procurement teams are unsure how to effectively incorporate sustainability requirements into their existing procurement programmes. This paper explores the surge in sustainable procurement, outlines the critical factors for successful implementation and presents tools and resources instrumental for developing guidelines. This information gives procurement professionals a starting point to successfully establish sustainable procurement in their own organisations.

Keywords: sustainability; sustainable procurement; supply chain transparency; environmental; social and governance (ESG) reporting; environmental labels (search for similar items in EconPapers)
JEL-codes: L23 M11 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jscm00:y:2021:v:4:i:2:p:126-136

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