The Intersection of Procurement and ESG (.PDF Download)

Oct. 13, 2021
What role does procurement play in environment, social and governance, and what can CPOs be doing now to further strengthen this connection?

With two-thirds of the typical company’s environment, social and governance (ESG) footprint resting with its suppliers, procurement is in a good position to make a real difference across all three of these initiatives. Where environmental criteria refers to how a company performs as a steward of nature, social criteria examines how that organization manages relationships with employees, suppliers, customers and its communities

Governance focuses on a company’s leadership, executive pay, audits, internal controls and shareholder rights. These three pillars have become a focal point for investors, clients, consumers and other important stakeholders.

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