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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
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain
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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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Journal of Strategic Contracting and Negotiation

EcoVadis's insight:

Congratulations Tim Cummins and IACCM team on the launch of this new journal! Here's the introduction from Tim:

With the launch of a new Academic Journal, contract management is truly emerging from the shadows!

IACCM, in partnership with Sage Publishing, is proud to announce the availability of the first edition of theJournal for Strategic Contracting & Negotiation (JSCAN). The scale of endorsement and global recognition by top academics reflects the status that contracting now has in the business and political world.

Just 15 years after the launch of IACCM, this marks another remarkable milestone in the journey to true professional status.

This edition of the Journal is free to access. Future editions are exclusive to IACCM paid members - a high value addition to our suite of member benefits. (Learn more about IACCM membership)

I suggest you circulate the link, http://jscan.sagepub.com/ to your colleagues and senior management as yet another indicator of the critical role that our discipline plays in today's complex business environment.

Kindest regards,

Tim Cummins
CEO
IACCM

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Earth Day and the Sustainable Supply Chain - Supply Chain 24/7

Earth Day and the Sustainable Supply Chain - Supply Chain 24/7 | Sustainable Procurement | Scoop.it
were able to save a total of $15 million annually by operating in a more environmentally responsible manner
EcoVadis's insight:

Great to see sustainably supply chain getting attention on Earth Day 2015!

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Can the ICT sector think big enough to tackle sustainable supply challenges?

Can the ICT sector think big enough to tackle sustainable supply challenges? | Sustainable Procurement | Scoop.it
Solutions to issues surrounding energy, e-waste, supply chain and connectivity require larger system-wide approaches, with significant collaboration within and across sectors.
EcoVadis's insight:

Key point: When industries collaborate, they make systemic progress. Its also better for suppliers...

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California DOJ Surprises More Than 100 Retailers with Transparency in Supply Chains Act Notification | JD Supra

This week, the California Attorney General’s Department of Justice sent letters to a large number of retailers, notifying those retailers that they may be subject to California's...
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Raising the bar for responsible sourcing: AIM-PROGRESS helps members advance their programmes - AIM - European Brands Association

Raising the bar for responsible sourcing: AIM-PROGRESS helps members advance their programmes - AIM - European Brands Association | Sustainable Procurement | Scoop.it
more than half of the members see responsible sourcing as important to being perceived as an industry leader
EcoVadis's insight:

Great to see the progress beyond risk mitigation to a competitive advantage

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Promoting decent work worldwide through sustainable supply chains - G7 Stakeholder Conference - OECD

Data and research on economy including economic outlooks, analysis and forecasts, country surveys, monetary and financial issues, public finance and fiscal policy and productivity., Sustainable supply chains can transform global trade and development by ensuring that businesses behave responsibly even in countries where social, environmental and human rights standards are weak or not adequately enforced. We have witnessed too often the disastrous consequences that can result if this is not done.
EcoVadis's insight:

Interesting comments by OECD Secretary General at the Berlin conference on Sustainable Supply Chain last month

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Green Procurement and Efficient Order Processing

Green Procurement and Efficient Order Processing | Sustainable Procurement | Scoop.it
Spend Matters welcomes this guest article by Becky Partida, research specialist, supply chain management at APQC. Consumers and governmental agencies alike have been pushing harder for organization...
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Procurement functions of companies pursuing sustainable supply practices outperform those who are not, by 10% to 30%! 

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Devoir de vigilance: quelles entreprises sont concernées par la loi et comment y répondre?

Devoir de vigilance: quelles entreprises sont concernées par la loi et comment y répondre? | Sustainable Procurement | Scoop.it

L'assemblé nationale française a adopté lundi 30 mars 2015 en première lecture une proposition de loi relative au devoir de vigilance des sociétés mères et des entreprises donneuses d’ordreQue signifie "devoir de vigilance"? Quelles entreprises sont concernées? Quelles problématiques ce plan doit-il couvrir?...

EcoVadis's insight:

"La France n’est pas le premier pays à tenter d’imposer aux entreprises un plan de vigilance destiné à responsabiliser leurs réseaux d’approvisionnement au-delà de leurs frontières"

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Exploding common myths about risk management (from IACCM blog)

Exploding common myths about risk management (from IACCM blog) | Sustainable Procurement | Scoop.it
more than just time and cost. We need to identify and manage any uncertainties that could affect other objectives, including performance, safety, reputation, market share, competitive positioning, share price etc.
Not all risk is bad. Some, if they occur, would help us achieve our objectives. Negative risks are threats.  Positive risks are opportunities
EcoVadis's insight:

Fresh new view on approaching risk - very applicable to supply chain

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Socially Responsible Supply Chains Create Triple Advantage: Increased Revenue, Reduced Cost and Greater Brand Value

Socially Responsible Supply Chains Create Triple Advantage: Increased Revenue, Reduced Cost and Greater Brand Value | Sustainable Procurement | Scoop.it
Beyond Supply Chains – Empowering Value Chains finds that socially responsible supply chains contribute to local development, shrink carbon footprints and boost the company’s competitivenessSocially responsible products increase revenues by up to 20%, reduce supply chain costs by as much as 16% and boost brand value by up to 30%; they also shrink carbon footprints by as much as 22%Report identifies 31 socially responsible practices to help companies gain a “triple supply chain advantage”
EcoVadis's insight:

Congratulations to WEF for a very quantitative report, analysing profitabitly gains from Responsible Supply Chain. Confirming finding to EcoVadis / INSEAD Value Chain report of 2011

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Christel Rumgay's curator insight, March 31, 6:48 AM

A triple win win win!

 

31 proven practices that reduce carbon footprint, reduce supply chain costs, increase revenues  and contribute to local development, including the health, welfare and working conditions of the communities in which they operate.


The Beyond Supply Chains - Empowering Supply Chains report is a must read for every corporation!


Laid out in and easy to read chart that lists the Supply chain practice, a description, the value proposition behind the triple advantage and the good practices for all 31 proven practices.


The report also details a blueprint, implementation, prioritization, and business case information.


A study that included more than 25 corporations in 7 different industries as well as several NGOs and more than 20 sustainability experts to test the value proposition behind each supply chain practice. 


Behaving in a socially responsible way can also deliver a competitive edge.


The business case is there for change.





Patrick Wallace's curator insight, March 31, 8:29 AM

Increase Revenue.  Reduce Costs.  Build Greater Brand Value.

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Event Registration

Webinar: "Why sustainability matters to you as a contract manager"

EcoVadis's insight:

Reminder: Opportunity to learn about sustainability and contract management coming up on Thursday! - EcoVadis is teaming up with IACCM...

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Trends in Carbon Pricing and Costs: Corporate Readiness Is Outpacing Governments As COP21 Approaches | Sustainable Supply Views

Trends in Carbon Pricing and Costs: Corporate Readiness Is Outpacing Governments As COP21 Approaches | Sustainable Supply Views | Sustainable Procurement | Scoop.it
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Walmart Has One of The World’s Most Sustainable Supply Chains? Really?

Walmart Has One of The World’s Most Sustainable Supply Chains?  Really? | Sustainable Procurement | Scoop.it
There are various lists that include the world’s most sustainable companies: Corporate Knights, the Climate Performance Leadership Index, and others.  Walmart does not make those lists.  None of th...
EcoVadis's insight:

The broader issue raised here (beyond the question of whether Walmart gets recognition for CSR performance that it deserves relative to, say, Amazon) is to gain visibility for Sustainable Procurement in general as perhaps the single larges impact on a company's CSR footprint.

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The art and science of supply-chain transparency

The art and science of supply-chain transparency | Sustainable Procurement | Scoop.it
For 17 of the 19 “super sectors” measured by Trucost, most impacts occurred in their supply chains — more than 90 percent of impacts for 11 of the 19 sectors.
EcoVadis's insight:

Supply chain is >90% of impact for more than half of all industries!

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The U.K. Modern Slavery Act - Implications and Impacts

The U.K. Modern Slavery Act - Implications and Impacts | Sustainable Procurement | Scoop.it
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A new white paper from EcoVadis on the UK Modern Slavery Act

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Efficient, sustainable, successful: Supply chain innovations in food and beverage

Efficient, sustainable, successful: Supply chain innovations in food and beverage | Sustainable Procurement | Scoop.it
From improved efficiency to eco-awareness, food and beverage companies are looking to improve their supply chains across the board.
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Why 2015 is the Year to Advance Your Company’s Sustainable Supply Chain Efforts | Justmeans

Why 2015 is the Year to Advance Your Company’s Sustainable Supply Chain Efforts | Justmeans | Sustainable Procurement | Scoop.it
Many companies in the U.S. are just now waking up to the reality that customers are demanding transparency and sustainability isn’t just a buzz-word, but a concept that’s here to stay.
EcoVadis's insight:

Second mover advantage: Networks and systems - like EcoVadis -- are in place and proven. Now is the time to act!

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Tigers and Flies: Progress in China's Anti-Corruption Campaign | Sustainable Supply Views

Tigers and Flies: Progress in China's Anti-Corruption Campaign | Sustainable Supply Views | Sustainable Procurement | Scoop.it
the EcoVadis analyst team that examines the this corruption topic in China
EcoVadis's insight:

New White Paper: The EcoVadis analyst team that examines corruption in China

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Devoir de vigilance : devons-nous vraiment avoir peur ?

Devoir de vigilance : devons-nous vraiment avoir peur ? | Sustainable Procurement | Scoop.it
Non seulement la France ne perdra pas en compétitivité, mais en plus, elle pourrait s'affirmer comme fer de lance d'une mondialisation responsable
EcoVadis's insight:

Opportunity knocks...? On the heels of a study from EcoVadis showing French businesses is ahead of the BRICs and many of the OECD pack on sustainability, now the "Devoir de Vigilance" law. How will French businesses respond?

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For Unilever's CMO, Global Growth and Social Responsibility Are Now Inseparable Goals

For Unilever's CMO, Global Growth and Social Responsibility Are Now Inseparable Goals | Sustainable Procurement | Scoop.it
Weed combined Unilever's marketing, social responsibility and communications teams into one department where social good forms the backbone of marketing efforts.
EcoVadis's insight:

Great effort by Unilever - what about product management, development, and R&D? Another big challenge is to create and maintain awareness within product teams for deeper issues such as sustainability in the supply chain...

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RSE : Comment se situent les entreprises françaises au niveau mondial?

RSE : Comment se situent les entreprises françaises au niveau mondial? | Sustainable Procurement | Scoop.it

EcoVadis a travaillé avec la Médiation Inter-entreprises sur une étude exclusive, visant à comparer la performance relative des entreprises françaises, PME comprises, par rapport aux autres pays de l’OCDE et aux BRICS.

EcoVadis's insight:

Quelles sont les thèmes les plus fortes? Les pointes d’amélioration....?

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Nestlé, SAB Miller Increase Revenue up to 20% with Supply Chain Improvements

Nestlé, SAB Miller Increase Revenue up to 20% with Supply Chain Improvements | Sustainable Procurement | Scoop.it
Nestlé, SAB Miller and UPS are among the 25 companies that have increased their revenue as much a...
EcoVadis's insight:

The paths of Cost Leader and Differentiator end the same: Holistic. The 'decision matrices' are also insightful.

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Dawn Meats awarded McDonald's Europe 'Sustainability Supply Award'

Dawn Meats awarded McDonald's Europe 'Sustainability Supply Award' | Sustainable Procurement | Scoop.it
outstanding leadership and demonstrable results
EcoVadis's insight:

Great to see suppliers being rewarded for great CSR performance!

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CWT Takes Industry Lead in Responsible Business - Carlson Wagonlit Travel

CWT Takes Industry Lead in Responsible Business - Carlson Wagonlit Travel | Sustainable Procurement | Scoop.it
News release
EcoVadis's insight:

Congrats to Carlson Wagonlit on great CSR performance!

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