Procurement makes up a substantial budget of any organization, so wouldn’t the world be a better place if it was done in a sustainable way? A new standard in development aims to help organizations do just that, and it has now reached one of the final stages in its development.
The purchasing decisions an organization makes have impacts far and wide, from the energy it consumes to the quality of life of the workers who manufactured the products it buys. And when we think that procurement in the public sector alone accounts for around 12 % of GDP and 29 % of government expenditure in OECD member countries, it is not something to be taken lightly.
Purchasing sustainably – known as sustainable procurement – should be the goal for any organization as it maximizes its positive social, environmental and economic impacts. This means making smart choices with all purchases, including everything from office supplies to energy providers, caterers and building materials.
A new standard in development, ISO 20400, Sustainable procurement – Guidance, will provide guidelines for organizations wanting to integrate sustainability into their procurement processes. It has just reached a second Draft International Standard (DIS) stage, meaning interested parties can once more submit feedback on the draft before final publication in 2017.
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