Published: 05 December 2022
Environmental sustainability objectives have driven a range of changes to executive priorities. Sourcing, procurement and vendor management leaders must pivot, embracing new sustainable sourcing responsibilities now to enable their organizations to meet environmental objectives.
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Environmental sustainability, now a top 10 business priority for CEOs, is intensifying as a global crisis imperative, demanding aligned environmental performance action from sourcing functions.
Sourcing, contracting and vendor management roles must each pivot in advance of regulation to meet expectations.
Every technology sourcing choice has an environmental implication. Minimizing waste in the supply chain, and through asset life cycles, will require advanced awareness and application of environmental principles.
Reinforcing the organization’s brand and reputation demands providers that successfully reduce GHG emissions, leverage renewable energy sources, minimize both power and water consumption, and apply circularity.
Sourcing, procurement and vendor management (SPVM)
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