Quick Guide: Sustainable Procurement

26 Nov 2018

SBC Quick Guide: Sustainable Procurement (PDF)

The Sustainable Business Council asks members to commit to having a sustainable procurement process in place within three years of being a member.

Sustainable procurement is part of your value chain. Understanding your value chain, mapping risks and opportunities, and incorporating sustainability into your purchasing decisions and relationships with suppliers can:

-  Improve relationships and resilience through greater security of supply
-  Improve access to finance and lower-cost insurance
-  Lower operational, reputational and regulatory risks to your business
-  Provide a point of difference and competitive advantage
-  Realise opportunities for innovation
-  Fuel top-line growth and enhance productivity through efficiencies
-  Create new markets for products or services
-  Reduce resource consumption and waste
-  Enhance stakeholder relationships through better understanding.