ISO 20400 Sustainable Procurement
ISO 20400 Sustainable Procurement
What is Sustainable Sourcing?
ISO 20400 is an internationally recognized standard that can help companies better implement sustainability into their business models: including environmental, economic and social sustainability. However, ISO 20400 is most focused on helping companies develop more sustainable practices throughout their supply chains.
Why ISO 20400 Sustainable Procurement Matters
ISO 20400 can help organizations to:
- Deepen your relationships with suppliers
- Improving supply chain efficiency
- Ensure the development of sustainable procurement strategies
- Encouraging the modification of other policies and strategies
- Provide a better understanding of the concepts represented in ISO 26000
- Ensuring corporate reputation
As awareness of sustainability continues to grow, ISO 20400 is likely to become a valuable certification for all businesses seeking to achieve both their environmental goals and successful business revenues.
What does ISO 20400 include?
Sustainable procurement determines the application of an organization's Corporate Social Responsibility (CSR) strategy to the buyer-supplier relationship. An organization and its procurement function should consider seven key sustainability issues and their interrelationships when developing a sustainable procurement policy. These are:
- Organizational governance
- Human rights
- Labor practices
- Environment
- Fair business practices
- Consumer Problems
- Community Engagement and Development
How Can We Help You?
The growing importance of Sustainable Procurement requires organizations to perform against global frameworks such as ISO 20400. This guidance is designed to be international, flexible and applicable to any organization, anywhere. As a result, the general recommendations need to be interpreted according to your organization's specific context and activities.
At Vericert, we offer assessment services according to the ISO 20400 Sustainable Procurement Guidelines. We can support you with a team of competent sustainability experts.
