Home / Glossary / What is Green Procurement?

insights-espresso-icon glossary

What is Green Procurement?

Espresso-live Speakers
by Beroe Inc,
6 July 2023

Green procurement refers to the purchase of goods and services that have a reduced impact on the environment throughout their lifecycle, from production to disposal.

The primary objective is to implement procurement practices that align with the organization’s CSR by contributing to waste reduction, reducing its carbon footprint, meeting ESG scores, and supporting the transition towards a more sustainable environment.

Organizations implement green procurement by prioritizing sustainability goals, selecting suppliers that have better ESG scores, collaborating with stakeholders that share similar sustainability goals, and measuring performance using trusted KPIs and accurate emission data for impactful decision-making.

 

SHARE
Linkedin Twitter Facebook
Leave a comment

Please enter a valid name

Post your comment

Please select captcha

Instagram

Get more stories like this

Subscirbe for more news,updates and insights from Beroe

Get Ahead with AI-Enabled Market Insights Schedule a Demo Now

Schedule a Demo Now