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MEPs vote to make procurement rules more socially responsible

The European Parliament internal market committee has approved procurement reforms to ensure public authorities award contracts on the basis of the most advantageous economic, social and environmental criteria.
EcoVadis's insight:

glad to see that EU is making good steps towards integration of CSR criteria in procurement decisions. How long will it take to this tranlated into national laws?

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Sustainable Procurement News
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Small is beautiful as Rio 2016 gives suppliers a sustainable leg-up

Small is beautiful as Rio 2016 gives suppliers a sustainable leg-up | Sustainable Procurement News | Scoop.it

In partnership with the Rio 2016 organising committee and with input from some of Brazil’s largest companies, the CEBDS (Brazilian Business Council for Sustainable Procurement) has prepared a handbook to help Brazilian companies of all sizes implement sustainable procurement practices. That will serve to raise standards in the Brazilian supply chain and increase the competitiveness of the country’s small and medium companies.  

EcoVadis's insight:

Great to see that Rio 2016 has inspired small businesses and as rightly mentioned in this article "the Games will soon be over, but companies have learnt that they cannot separate purchasing from sustainability"

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J&J Shifts Focus to Material Impacts for People, Places, Practices in New 2020 Goals | Sustainable Brands

J&J Shifts Focus to Material Impacts for People, Places, Practices in New 2020 Goals | Sustainable Brands | Sustainable Procurement News | Scoop.it
Johnson & Johnson (J&J), the world’s sixth-largest consumer health company, has released the results from their latest set of five-year goals and announced a new set for 2020. J&J’s Citizenship & Sustainability 2020 Goals represent a shift in how the company measures impact, increasing focus on material impacts as opposed to incremental reductions and year-over-year improvements.
EcoVadis's insight:

Great to see that our client J&J will be ensuring that their suppliers are covering at least 80% of spend in Sustainable Procurement before enrolling them!

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Stakeholders Gathered to Discuss Promotion of Sustainable Palm Oil Supply Chain in China

Stakeholders Gathered to Discuss Promotion of Sustainable Palm Oil Supply Chain in China | Sustainable Procurement News | Scoop.it
China is the world’s second largest importer and third largest consumer of palm oil. In the past two years, the average import volume of palm oil was around 6 million tons. The expected annual growth of demand for palm oil in China is 10%, meaning that by 2020 the demand for palm oil in China is expected to reach 12 million tons.
EcoVadis's insight:

Great to see a lot of effort being expended so as to integrate related enterprises to increase the procurement of sustainable palm oil and achieve sustainable development in China.

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5 Key Trends Driving Supplier Management and Due Diligence- Blog - Procurious

5 Key Trends Driving Supplier Management and Due Diligence- Blog - Procurious | Sustainable Procurement News | Scoop.it
Can you afford to take the risk? We assess the key drivers behind increasing supplier management and due diligence activities in supply chains. This article was first published on Greenstone.
EcoVadis's insight:
Great to see the growing importance of responsible supply chains in businesses! Decision-makers in procurement seem to be more and more aware of risks...
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Kroger expands sustainability commitments to increase responsible sourcing and improve eco-stewardship by 2020

Kroger expands sustainability commitments to increase responsible sourcing and improve eco-stewardship by 2020 | Sustainable Procurement News | Scoop.it
“Our goal is to be a positive force for change in our communities and to drive sustainability and innovation across the supply chain,” said Rodney McMullen, Kroger’s chairman and CEO. “We believe that our 2020 goals set the course for this important, ongoing journey.”
EcoVadis's insight:

Great to see companies such as Kroger setting sustainability goals to achieve zero waste, optimize brand packaging and better manage supply chain.

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Investing in supply chain sustainability remains a strategic priority

Investing in supply chain sustainability remains a strategic priority | Sustainable Procurement News | Scoop.it
Supply chain companies are slowly implementing transformations to their respective supply chains, while most, 59% of European and 51% of US companies, have a strategic priority for a green supply chain in place. While companies realise the importance of becoming sustainable, the primary motivation to do so remains business oriented.
EcoVadis's insight:

Interesting figures on the strategic priority of green supply chain and motivation for implementing green actions for European and US companies. Great to see that supply chain management is gaining ground in those markets.

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How the Leave Vote Will Impact Procurement and Supply Chain- Blog - Procurious

How the Leave Vote Will Impact Procurement and Supply Chain- Blog - Procurious | Sustainable Procurement News | Scoop.it
It was an unlikely event just a week ago, but the Brexit has come to pass. Procurious looks to unpack initial thoughts on how the ‘Leave’ vote will impact both procurement and organisations as a whole.
EcoVadis's insight:
Procurement and supply chain remain important topics in any situation. The real challenge for CPOs is surely putting efforts together to maintain sustainable sourcing and strategies...
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Scientists call on EU businesses, govts to support greener palm oil

Scientists call on EU businesses, govts to support greener palm oil | Sustainable Procurement News | Scoop.it
While Europe has shown early leadership in pushing the palm oil sector toward less damaging practices, European politicians and business leaders need to do more to improve the sustainability of the industry, says a body representing hundreds of conservation scientists from dozens of countries.
EcoVadis's insight:

Scientists are calling out to European politicians and business leaders to be put in place more proactive measures for the responsible sourcing of palm oil. Glad to see that our customer L'Oréal is already going ahead with the establishment of a series of action plans for the sustainable supply of agricultural its commodities.

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Companies Increasingly Dedicating Sustainability Resources to Supply Chain Functions

Companies Increasingly Dedicating Sustainability Resources to Supply Chain Functions | Sustainable Procurement News | Scoop.it

In 2014, the number of companies dedicating sustainability resources to supply chain efforts grew 10%, according to GreenBiz research. In 2015, that number jumped to 26%, showing significant growth in the last two years."

EcoVadis's insight:

More and more companies are seeing the importance of having a strong procurement and involving more resources and fundings in the team. These figures will only increase in the forthcoming years...

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A Brave New World for Sustainability Reporting

A Brave New World for Sustainability Reporting | Sustainable Procurement News | Scoop.it

"Conversations ranged from how generational mindsets are shifting, to open-source platforms, to the circular economy, all converging on one key finding: Reporting is poised to make a major pivot..."

EcoVadis's insight:

Great summary (by Jonathan Morris, Manager, BSR) about 'sustainability reporting' from the thoughts of more than 1,000 sustainability professionals, gathered at last month’s Global Reporting Initiative (GRI) Conference in Amsterdam.

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Six months after the COP21: 4 ways to unleash the power of Sustainable Development

Six months after the COP21: 4 ways to unleash the power of Sustainable Development | Sustainable Procurement News | Scoop.it
As the Paris Agreement destined to fight global warming has been signed by more than 175 countries, it’s urgent that we now make sure it produces the desired results. Indeed, Climate Central, an ONG that utilizes NASA data, has just announced that in the first 3 months of 2016, we were already dangerously close to the 1,5º temperature increase limit fixed by the COP21.
EcoVadis's insight:

Very interesting insight from Sylvain Guyoton, VP Research at EcoVadis, on how to work towards the objectives of the COP21 agreement for its "6-month anniversary''.

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The business case for sustainable electronics

The business case for sustainable electronics | Sustainable Procurement News | Scoop.it
In the late 1990s, the main goal was simply to create electronics that worked. Then, concerns about emissions prompted IT manufacturers to implement health and safety protocols. Environmental concerns emerged at the dawn of the new millennium, ushering in the green manufacturing era.
EcoVadis's insight:

Not only does going into sustainable electronics bring competitive advantage, help mitigate risks or reduce costs, but it also is a must for the sustainability of a business in this new era. 

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Buying a better future – Procurement’s sustainability leaders recognised- Blog - Procurious

Buying a better future – Procurement’s sustainability leaders recognised- Blog - Procurious | Sustainable Procurement News | Scoop.it

"Once seen as a ‘niche’ part of the profession, sustainable purchasing is fast moving into the mainstream. The misbelief that sustainable solutions cost more is quickly giving way as businesses recognise that competitive advantage lies in developing innovative, sustainable supply chains..." 

EcoVadis's insight:

Nice recap of the Sustainable Purchasing Leadership Council (SPLC) recognition to responsible purchasing... 

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Costa Cruises Publishes Latest Policy Document | True Viral News

Costa Cruises Publishes Latest Policy Document | True Viral News | Sustainable Procurement News | Scoop.it
The document sets out Costa’s path to sustainable growth, the main projects carried out and the key goals reached on the route to complete integration of sustainability aspects into its business model, its blueprint for the future.
EcoVadis's insight:

Costa Cruises does not only aim to reduce its energy consumption, waste on board and carbon footprint, but it is also working on sustainable nutrition and transparency of the supply chain.

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Place innovation at the core of supply chain management, says Mars

Place innovation at the core of supply chain management, says Mars | Sustainable Procurement News | Scoop.it

Last year, Mars and Danone announced their intentions to invest €50m each into the Livelihoods Fund for Family Farming Scheme aimed at increasing the productivity of smallholder farmers to prioritise key crops including cocoa, sugar and palm oil across 40 projects worldwide.
The partnership reflects an increasing willingness from global food and beverage firms to drive positive change in sustainable sourcing, with both Nestle and Mondelez recently displaying strong commitments to supply chain transparency.

EcoVadis's insight:

Big multinational Mars is placing innovation at the heart of their supply chain through R&D, investment and training; it's only a matter of time before others follow the lead

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The Global Approach to Supply Chain Transparency and Compliance

The Global Approach to Supply Chain Transparency and Compliance | Sustainable Procurement News | Scoop.it
Transparency International recently reported that emerging market multinationals have dangerously low transparency standards. Specifically, 75 of 100 assessed companies (in their report) scored less than 5 out of 10 overall and scored an average of 48% for disclosure of their anti-corruption programs.
EcoVadis's insight:

It is a must for SMEs as well as large companies to keep up with new regulations and compliance even though this can be time consuming and challenging. 

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FTA Promotes Stronger Links Between International Trade and Sustainable Supply Chains | Justmeans

FTA Promotes Stronger Links Between International Trade and Sustainable Supply Chains | Justmeans | Sustainable Procurement News | Scoop.it
FTA united its sustainability initiatives - the Business Social Compliance Initiative (BSCI) and Business Environmental Performance Initiative (BEPI) – under one unique service,‘FTA Sustainability’, in order to increase synergies towards a more holistic approach to sustainable supply chain management
EcoVadis's insight:

Activity highlights from the FTA includes the empowerment of supply chain actors, the promotion of responsible supply chains beyond audit compliance and the development of partnerships across sectors.

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Supply chain focus for next Puma sustainability targets

Supply chain focus for next Puma sustainability targets | Sustainable Procurement News | Scoop.it

'German sportswear brand Puma has set new sustainability targets for the next five-years, shifting its focus deeper into the supply chain.'

EcoVadis's insight:

Great to see that companies such as puma are starting to look after health & safety, human rights and business ethics issues across their supply chain

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Transparency in sustainable forestry aids paper packaging procurement | Packaging Digest

Transparency in sustainable forestry aids paper packaging procurement | Packaging Digest | Sustainable Procurement News | Scoop.it
One of today’s trending topics in sustainable business is transparency. After decades of eroding consumer confidence in corporations, it is no longer acceptable for businesses to make baseless claims about the quality, safety and origin of products. Consumers are demanding more transparency in supply chains; they don’t just want to know you make a quality product, they want to know you make a quality product with quality components. They want to know where the product comes from and how it was produced.
EcoVadis's insight:

Customers' demands are influencing the way businesses interact with them; and one of the outcomes is the growing supply chain tools across sectors on how to further enhance transparency

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Five strategies to manage risks of supplier failure in manufacturing

Five strategies to manage risks of supplier failure in manufacturing | Sustainable Procurement News | Scoop.it
It is now understood that supplier failures can have a far-reaching impact on the business and brand value. As supply chains continue to become more interconnected, their vulnerability to failure and disruptions also increase. From labor disputes, to unforeseen accidents and natural calamities, the production line is under constant threat, making the traditional approach towards identifying supply chain risk ineffective.
EcoVadis's insight:

It is imperative that businesses move towards proactive CSR management system so as to mitigate any risk in their supply chain

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What the new Chemical Safety law means for business

What the new Chemical Safety law means for business | Sustainable Procurement News | Scoop.it
The Lautenberg Chemical Safety for the 21st Century Act replaces the Toxic Substances Control Act. Is this good or bad news?
EcoVadis's insight:

it will not only strengthen compliance but also hopefully encourage safer and more sustainable business. Together for Sustainability(TfS) is already on it. Read the award winning case study on TfS, describing how the chemical industry collaborates to drive results on supply chain sustainability.  

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Will Sustainable Investing Go Mainstream?

Will Sustainable Investing Go Mainstream? | Sustainable Procurement News | Scoop.it
environmental and governance issues benefit from measurability and tangibility and questioned the panel about the missing “S”--social--and how that can be measured and managed. The panelists acknowledged that the social issues are the most challenging to decipher and measure, particularly as supply chains become longer as activities become increasingly outsourced and geographically dispersed.
EcoVadis's insight:

Glad to see supply chain prominent in this investor-related piece. Is sustainability poised to emerge from its niche to become a part of mainstream investing?

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JAC welcomes AT&T, Rogers and Telefónica expanding its membership to the Americas – 2016

JAC welcomes AT&T, Rogers  and Telefónica expanding its membership to the Americas – 2016 | Sustainable Procurement News | Scoop.it
The JAC approach, combining CSR assessments and on-site audits using third party independent audit firms, is mutually beneficial for both JAC member companies and suppliers: JAC members leverage the sharing of resources and best practices, thus increasing the scale of CSR assessments and follow up processes with the benefit of reducing duplication of multiple audits of the same supplier.
EcoVadis's insight:

Great to see advancements in collaboration within industries to drive CSR performance in the supply chain 

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Schneider Electric rises to 10th place in the Newsweek Global Green Ranking 2016

Schneider Electric rises to 10th place in the Newsweek Global Green Ranking 2016 | Sustainable Procurement News | Scoop.it
U.S. weekly news magazine Newsweek in partnership with Corporate Knights and HIP Investor, has commended the environmental commitment made by Schneider Electric, the global specialist in energy management and automation. The Group is proud to be ranked 10th
EcoVadis's insight:

Congrats to client Schneider Electric on their achievement. 

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How General Mills and Kellogg Are Tackling Greenhouse Gas Emissions

How General Mills and Kellogg Are Tackling Greenhouse Gas Emissions | Sustainable Procurement News | Scoop.it
General Mills will cut absolute GHGs by 28% by 2025 “across the entire value chain.”
EcoVadis's insight:

Great effort here on 'scope 3' in food/agriculture sector: Setting aggressive targets for supply chain!

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