Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Banks, UN set standards on channelling investments for sustainable development

Banks, UN set standards on channelling investments for sustainable development | Sustainable Procurement News | Scoop.it

Nearly 20 leading global banks and investors, totalling $6.6 trillion in assets, have launched a United Nations-backed global framework aimed at channelling the money they manage towards clean, low carbon and inclusive projects.
The Principles for Positive Impact Finance – a first of its kind set of criteria for investments to be considered sustainable – provide financiers and investors with a global framework applicable across their different business lines, including retail and wholesale lending, corporate and investment lending and asset management.

EcoVadis's insight:

Great to see leading finance institutions committing to such an ambitious and practical framework.

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Over 80 Major Companies Across the UK Urge PM to Deliver on UN SDGs 

Over 80 Major Companies Across the UK Urge PM to Deliver on UN SDGs  | Sustainable Procurement News | Scoop.it
Ahead of the World Economic Forum annual meeting taking place on 17-20 January, businesses say they are ready to work with the government to help deliver the SDGs in the UK as well as internationally, but that the government must create a framework to help businesses play their part.
EcoVadis's insight:

Companies such as CocaCola, Nestlé, IKEA and Tesco are sending a clear message to the government to act for a more sustainable and circular economy.

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RSE : les entreprises azuréennes s’engagent | la Gazette de la Côte d'Azur

Les signataires sont non seulement des PME, engagées dans une démarche de Responsabilité Sociétale des Entreprises (RSE), mais également de grandes entreprises implantées sur le territoire azuréen, dont certaines ont déjà signé ces chartes au niveau national et qui souhaitent décliner ces engagements au niveau local.
EcoVadis's insight:

Une vingtaine d'entreprises azuréennes confirmeront leur engagement commun en signant la Charte Relations Fournisseur Responsable et le Global Compact ; et vous, suivez-vous cette tendance ?

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A look into the future of reporting standards

A look into the future of reporting standards | Sustainable Procurement News | Scoop.it
Eric Hespenheide: The sustainable development agenda has gathered pace with global commitments to the U.N. Sustainable Development Goals and the Paris climate change agreement. Over the past decade, we have also seen a dramatic increase in the number of companies measuring their sustainability performance.
EcoVadis's insight:

A new modular structure is replacing the G4 Guidelines, which will allow the standards to be kept more up-to-date and aligned with international instruments in the future. 

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Business Leaders World-Wide Agree that Disruptive Technologies Can Drive Corporate Sustainability Efforts

Business Leaders World-Wide Agree that Disruptive Technologies Can Drive Corporate Sustainability Efforts | Sustainable Procurement News | Scoop.it

Disruptive technologies and digital infrastructure have the potential to solve some of the world’s most pressing risks and to transform industries. These include safeguarding the planet's soil and water, and improving inequality and education.
This is the main conclusion of the 2017 Global Opportunity Report, released by DNV GL, Sustainia and the United Nations Global Compact. The report also demonstrates the commitment of the global business community towards taking action on the UN Sustainable Development Goals (SDGs) and the 2030 agenda.

EcoVadis's insight:

Explore the report to learn how disruptive tech is driving corporate sustainability globally

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First Global Sustainability Reporting Standards Set to Transform Business – Press Releases on CSRwire.com

Today, GRI launched the world’s first global standards for sustainability reporting, giving companies a common language for disclosing non-financial information. The GRI Sustainability Reporting Standards will enable companies around the world to be more transparent about their impacts on the economy, the environment and society. They will also help organizations make better decisions and contribute to the United Nations Sustainable Development Goals
EcoVadis's insight:

These standards have been designed to guide sustainability reporting for any company, in any industry, for decades to come. Are you ready to take up this challenge and report on non-financial information?

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7 Steps Leading Corporations are Implementing to Achieve Resilient Supply Chains

7 Steps Leading Corporations are Implementing to Achieve Resilient Supply Chains | Sustainable Procurement News | Scoop.it
The report reveals information from interviews conducted with 70 companies across different regions, sectors, and business models. Despite the vast differences between these companies and how they conduct business, several common themes emerged, highlighting how they have embedded sustainable practices throughout their supply chains. Some of the major themes include shared commitment, collaboration, and the use of technology as a “transparency enabler.”
EcoVadis's insight:

Interesting report from UNGC & EY which urges chief executives to set supply chain sustainability as a top corporate priority and to better engage suppliers beyond Tier 1

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Bangladesh Tragedy Reinforces Need for Corporate Action to Ensure Health and Safety in Supply Chains

Bangladesh Tragedy Reinforces Need for Corporate Action to Ensure Health and Safety in Supply Chains | Sustainable Procurement News | Scoop.it

Today, on International Workers’ Day, an international celebration of the labour movement, the UN Global Compact is urging companies to step up efforts and engage in the fight to improve occupational health and safety standards.

EcoVadis's insight:

An interesting move from the United Global Compact to focus on down-to-earth CSR issues and advocate for the adoption of better health safety standards in the supply chain. This is a little reactive after major incidents such as the one at the Tazreen factory fire and Rana Plaza factory collapse that led to a 800+ death toll (not 400 as mentioned), but welcome.

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