Sustainable Procurement
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain
Curated by EcoVadis
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2013 Sustainable Procurement Benchmark

"Quantifying the benefits linked to Sustainable Procurement is often challenging but practices of leaders demonstrate that this is a key lever to widespread adoption."

EcoVadis's insight:

Benchmark shows sustainable sourcing trends over last 10 years!. Progress is being made in some areas, but now it is time to measure value creation!

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EU Disclosure: How Ready Are You to Report on Nonfinancial Information? | Blog

EU Disclosure: How Ready Are You to Report on Nonfinancial Information? | Blog | Sustainable Procurement | Scoop.it

The EU’s regulatory push comes at a time when investors are putting more pressure on business to report metrics on their social and environmental performance, investments, and risks

EcoVadis's insight:

The EU’s PE-CONS 47/14, a new directive on mandatory disclosure of nonfinancial information, raises the bar on disclosure, emphasizes due diligence, and requires greater supply chain transparency.

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Nespresso Investing $550 Million to Achieve Carbon Neutrality, Responsible Supply Chain | Sustainable Brands

Nespresso Investing $550 Million to Achieve Carbon Neutrality, Responsible Supply Chain | Sustainable Brands | Sustainable Procurement | Scoop.it
Nespresso has announced it will invest nearly $550 million USD over the next six years to implement a new sustainability strategy aimed at achieving carbon neutrality, as well as 100 percent responsibly sourced coffee and managed aluminum.
Dubbed “The Positive Cup”, Nespresso says the strategy is based on Nestlé’s approach to Creating Shared Value (CSV) and builds upon the steps it already has taken over the last five years to improve farmer welfare and drive environmental sustainability in coff
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Coca-Cola Enterprises : Continuing our sustainability journey with suppliers

Coca-Cola Enterprises : Continuing our sustainability journey with suppliers | Sustainable Procurement | Scoop.it
EcoVadis's insight:
Coca-Cola Enterprises - an EcoVadis customer - making great progess making their supply chain sustainable - Bravo!
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Reporting supply chain sustainability: a myriad of metrics

Reporting supply chain sustainability: a myriad of metrics | Sustainable Procurement | Scoop.it

There are more than 2,500 different metics used to measure sustainability in supply chains, bringing both challenges and opportunities for business

EcoVadis's insight:

Not surprising knowing the complexity of supply chain topics as well as this is still a new, emerging field even amongst the biggest corporations.

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Why Sustainability Makes Business Sense

Why Sustainability Makes Business Sense | Sustainable Procurement | Scoop.it
Sustainability is a priority for food and beverage companies, yet it’s a challenge to implement, according to a survey by Grant Thornton.

Via Acquisti & Sostenibilità not-for-profit
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PIRatE Lab's curator insight, September 9, 11:46 AM

Clearly some see a business need for sustainability.

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Events
BSR Connect | Unlocking the Value of Sustainable Procurement

Events<br/>			BSR Connect | Unlocking the Value of Sustainable Procurement | Sustainable Procurement | Scoop.it
BSR is a global nonprofit organization that works with its network of more than 250 member companies to build a just and sustainable world. From its offices in Asia, Europe, and North and South America, BSR develops sustainable business strategies and solutions through consulting, research, and cross-sector collaboration.
EcoVadis's insight:

EcoVadis will be at this BSR Connect event in Copenhagen next week (contact us http://bit.ly/1qqMl4v if you'd like to meet up)

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Visit EcoVadis, exhibitor at Responsible Procurement & Supplier Engagement Conference, Birmingham UK, Sept 18

EcoVadis's insight:

Come visit us! This is a great opportunity to learn how you can leverage EcoVadis' powerful system and CSR Scorecards to manage your supply chain sustainability; Meet Pierre-Francois Thaler (Co-founder and Co-President) and Andrew King, UK Business Development.

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EcoVadis's curator insight, September 5, 10:21 AM

Come visit us! This is a great opportunity to learn how you can leverage EcoVadis' powerful system and CSR Scorecards to manage your supply chain sustainability; Meet Pierre-Francois Thaler (Co-founder and Co-President) and Andrew King, UK Business Development.

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How to green the Feds' supply chains? First, think ink

How to green the Feds' supply chains? First, think ink | Sustainable Procurement | Scoop.it

More federal agencies are taking sustainability into play with supply chain decisions.

EcoVadis's insight:

"We are encouraging our vendors to get more specific because the better they get at sustainability, the more they can save, not just by eliminating waste but by better management of their overall business," Ela said.

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Hyatt Unveils 2020 Sustainability Strategy | Sustainable Brands

Hyatt Unveils 2020 Sustainability Strategy | Sustainable Brands | Sustainable Procurement | Scoop.it
In conjunction with the release of its 2013-2014 Corporate Responsibility Report and hot on the heels of a new commitment to sustainable seafood, Hyatt Hotels has unveiled a set of 2020 environmental goals, “designed to strengthen Hyatt’s collective ability to collaborate, inspire and further its commitment to environmental stewardship.”
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Why collaboration improves supply chain sustainability and the ways you can do it

Why collaboration improves supply chain sustainability and the ways you can do it | Sustainable Procurement | Scoop.it

As collaboration takes root within supply chains, we see that instead of traditional buyer-supplier relationships focused purely on optimising financial transaction, a ‘new spirit of partnership’ is developing often based on mutual financial and environmental goals.

EcoVadis's insight:

We strive on a daily basis to enhance this collaborative supplier-buyer effort as outlined in this article the rewards of doing so are immense.

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Walmart and General Mills join forces to harvest more sustainable crops

Walmart and General Mills join forces to harvest more sustainable crops | Sustainable Procurement | Scoop.it
General Mills chief sustainability officer Jerry Lynch has revealed how his company is working with Walmart to accelerate innovation in sustainable agriculture down the supply chain. - edie news centre
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New Supply Chain Management Initiative Gets First Member | PYMNTS.com

New Supply Chain Management Initiative Gets First Member | PYMNTS.com | Sustainable Procurement | Scoop.it
The International Maine Purchasing Association (IMPA) launched a responsible supply chain management initiative called the IMPA Act in 2013. Last week,
EcoVadis's insight:

Although a much smaller initiative than Clean Cargo, it is focused specifically on supply chain. Would be interested in any feedback or insight.

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UK firms must act to ensure supply chains are slavery free | Supply Management

UK firms must act to ensure supply chains are slavery free | Supply Management | Sustainable Procurement | Scoop.it
Latest procurement and supply chain news, opinion, analysis, practical advice and tips from Supply Management, official publication of the Chartered Institute of Purchasing & Supply (CIPS).
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U.S. to Create National Plan on Responsible Business Practices | Inter Press Service

U.S. to Create National Plan on Responsible Business Practices | Inter Press Service | Sustainable Procurement | Scoop.it
EcoVadis's insight:

Glad to see Obama endorsing a plan for Responsible Business Practices. This follows a trend we see in Europe for giving Corporates more responsibilities over global sustainability practices (including corruption or human rights)

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DJSI 2014 Indices published

EcoVadis's insight:

Great stats on improvement in reporting. Quick poll: Are you targeting DJSI listing this year? Is there another higher priority for you in terms of CSR/Sustainability reporting/listing/recognition?

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Hershey’s Announces Responsible Palm Oil Sourcing Policy

Hershey’s Announces Responsible Palm Oil Sourcing Policy | Sustainable Procurement | Scoop.it
Hershey Co (NYSE:HSY), in its commitment to source 100% sustainable palm oil, takes assistance from an environmental group.
EcoVadis's insight:

Great that they have a code of conduct, and also it goes beyond environmental to include fair labor/business practices. But not much said in this article about the means and tools Hershey's will use to assess or help suppliers improve their CSR performance...

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David McClintock's curator insight, September 29, 3:59 AM

Great that they have a code of conduct, and also it goes beyond environmental to include fair labor/business practices. But not much said in this article about the means and tools Hershey's will use to assess or help suppliers improve their CSR performance...

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Reporting supply chain sustainability: a myriad of metrics

Reporting supply chain sustainability: a myriad of metrics | Sustainable Procurement | Scoop.it
There are more than 2,500 different metics used to measure sustainability in supply chains, bringing both challenges and opportunities for business
EcoVadis's insight:

New study found that 2500 KPI's are available for sustainable supply chain ! Luckily EcoVadis is making this a bit simpler by transforming those category specific metrics in simple 1-100 scores to be used by purchasing managers.

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ILO and H&M sign unique agreement on sustainable global supply chains in the garment industry

ILO and H&M sign unique agreement on sustainable global supply chains in the garment industry | Sustainable Procurement | Scoop.it
New partnership will address industrial relations, wages, capacity building for social partners and skills development in global supply chains of the garment industry.
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Why Sustainability Makes Business Sense

Why Sustainability Makes Business Sense | Sustainable Procurement | Scoop.it
Sustainability is a priority for food and beverage companies, yet it’s a challenge to implement, according to a survey by Grant Thornton.
EcoVadis's insight:

Interesting that suppliers were least likely (only 4%) to say  "sustainability is a fad that will disappear in a few years" - compared to 7% of retailers and 25% of wholesalers!

Caveat: this survey is limited to food companies, and only environmental issues (not all of CSR).

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Supply Chain Sustainability Pays

Supply Chain Sustainability Pays | Sustainable Procurement | Scoop.it
EcoVadis's insight:

Having analyzed the data from the 2014 CSCO survey since 2011, cost reduction has jumped the most by far, and is now the second leading justification for sustainability.

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PIRatE Lab's curator insight, September 4, 12:43 PM

Wow.  Cost Savings is increasingly the big motivator for folks to get into the sustainability mode.

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Ethical Supply Chains May Become Competitive Advantage

Ethical Supply Chains May Become Competitive Advantage | Sustainable Procurement | Scoop.it

Despite possible higher costs of having more ethical supply chains, it ultimately pays off for companies, as such efforts can improve reputation among consumers and produce greater loyalty from employees.

EcoVadis's insight:

Businesses should not only make their products more ethical, but should also be proactive in informing the consumer of that fact in their marketing and advertising campaigns.

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The path to supply chain transparency

The path to supply chain transparency | Sustainable Procurement | Scoop.it
Supply chain transparency is critical for managing rising levels of risk in an environment where corporate supply chain practices are attracting…
EcoVadis's insight:

Transparency becomes the vital process of managing risks by accessing, learning from, and acting on supply chain information. The challenge is how to map it - technology plays a central and critical role.

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Working toward a sustainable global supply chain

Working toward a sustainable global supply chain | Sustainable Procurement | Scoop.it
Sustainability in the supply chain affects business resilience, reputation and relationships across business segments.
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The Case for Future-Proofing Supply Chains With Sustainable Procurement

The Case for Future-Proofing Supply Chains With Sustainable Procurement | Sustainable Procurement | Scoop.it
Introduction Sustainable sourcing is turning out as the most important function of supply chain management.
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Walmart's Supply Chain Sustainability Lessons - Supply Chain Minded

Walmart's Supply Chain Sustainability Lessons - Supply Chain Minded | Sustainable Procurement | Scoop.it
Walmart is by far the leading retail brand in the US, with a brand value of $131.88 billion in 2014. It has been a leading retailer since Sam Walton opened his first store back in 1962. Walmart's success is in great part due to ...
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