What is sustainable procurement.

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ScanSolve AI Answer

Sustainable procurement is the process by which organizations meet their needs for goods, services, works, and utilities in a way that achieves value for money on a whole-life basis, while generating benefits not only to society but also to the economy and the environment.

It involves considering the environmental, social, and economic impacts of purchasing decisions. This means choosing suppliers who demonstrate good environmental practices (e.g., reducing waste, using renewable energy), uphold social standards (e.g., fair labor practices, diversity), and contribute positively to the local economy. The goal is to balance immediate needs with long-term sustainability goals.

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