Boström, M., Gilek, M., Hedenström, E., & Jönsson, A. M. (forthcoming). How to achieve sustainable procurement for ‘peripheral’ products with significant environmental impact? Sustainability: Science, Practice, & Policy .Bostro€m, M., M. Gilek, E. Hedenstro€m, and A. M. ...
Further to this, consider switching to green packaging. They could be recyclable, biodegradable, compostable, or made from renewable resources. For instance, bioplastics derived from plant sources are a sustainable alternative to traditional petroleum-based plastics. Other sustainable packaging materia...
A procurement strategy is a structured plan that an organization develops to guide its purchasing process in a way that aligns with its business needs. The goal of a procurement strategy is to ensure the efficient, cost-effective and sustainable acquisition of goods or services that are essential ...
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when materials were in extremely short supply. Within their spheres of influence, CPOs can harness corporate buying power to drive change at scale. For example, they can implement processes and systems to channel business spend to diverse suppliers or utilize only ethically-sourced production inputs...
Procurement. Project plan vs. project management plan: what is the difference? Both plans refer to two different concepts and differ in many ways, although many companies use both terms as synonymous. Here are some essential points of the critical differences between the two planning approaches: ...
This will also send a clear signal to the IT industry about the importance of sustainability. Set your goals Your work with sustainable procurement will be easier if your organization already has set goals for environmental and social sustainability. These goals should ideally include social and ...
Treasury teams have a pivotal role in supporting efforts to integrate ESG standards and implement sustainability practices with business objectives. The goal is to meet the expectations of shareholders and wider stakeholders – who are now looking beyond just P&L to abetter and more sustainable futur...
• awareness about the business case for becoming sustainable • access to affordable financial resources • information about how to implement sustainability initiatives • knowledge about how sustainability initiatives affect business strategy.9 The SMEs in the ACCA survey said they...
3. Implement ethical sourcing and local procurement Support local artisans and craftsmen by sourcing traditional Cambodian products or materials for your business. This not only helps in the economic upliftment of the local community but also aids in the preservation of traditional craf...