Along with cost management and supply chain resilience, procurement must now embrace an additional responsibility — of spearheading the company’s sustainability goals.
A new paper by Harvard Business Review Analytic Services in association with GEP — Optimizing Business Outcomes by Investing in Sustainable Supply Chains and Procurement — discusses the critical role procurement can play in achieving an organization’s sustainability goals. It explores the challenges of understanding, mapping and reporting scope 3 emissions and examines procurement strategies that enhance supplier sustainability. Additionally, it spotlights how leading companies like Bayer and Veolia North America are embedding sustainability into their strategy and operations.
This paper is indispensable for forward-thinking procurement leaders who want to create a business impact through sustainable practices.