June 20, 2023

Driving Sustainability Through Procurement

Participants learned and discussed with us how they can successfully integrate sustainability into their procurement organization, processes, and supply chains.

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It's time for procurement to shine

Our book aims to inspire and encourage companies to transform into responsible and sustainable businesses by focusing on the supply chain. We want to highlight the role of prcurement in driving corporate sustainability transformation and the importance of defining an ispiring purpose before formulating strategy.

There are still many barriers that slow down successful sustainability transformation, including wrong incantation, lack of management support, or insufficient awareness within the company. Procurement professionals need to change their mindset, as cost efficiency is no longer the only important KPI Sustainability brings procurement to the top of the management agenda.

Our key take-aways

It is time for procurement to shine! Being responsible for managing scope 3 emissions, procurement plays an important role in driving corporate sustainability transformation. There is a new purpose of procurement: make sure to become the major driver for positive change and to actively support your company in achieving its sustainability targets. Management support is key! It’s about convincing top management to support (and promote) your sustainability journey. Successful sustainability transformation requires strong leadership and an inspiring purpose that motivates internal and external stakeholders to join. Magic happens once you get started. You are not alone. There is a whole ecosystem (including suppliers) that can be leveraged, as there are already quite a lot of solutions out there.

Hosts

 

Martina Buchhauser

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Martina Buchhauser

Richard McIntosh

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Richard Mcintosh

Sven Steinert

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Sven Steinert