article thumbnail

Sustainability in Procurement: Strategies and Challenges

ivalua

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

article thumbnail

Evolution of Kosovo’s Investment Arbitration Law: Defining the Foreign Investor and the State’s Role in Arbitration

Kluwer Arbitration

08/L-209 on Sustainable Investments (hereinafter, the “2024 Law on Sustainable Investments”). Significant changes to the protection of foreign investors and their investments were introduced with the 2024 Law on Sustainable Investments which entered into force in September 2024. Kosovo Law No.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Open Olympics 2026: progress and challenges

Open Contracting Partnership

Many of you will know that weve always been interested in opening up and improving the procurement and contracts that underpin mega-sporting events, which have – all too-often been – vectors for cronyism, corruption or massive mis-spending. You should get involved too.

article thumbnail

Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

This vision aligns with the aspirations of many governments: leveraging technology to enhance public services , reduce costs, and promote sustainability. Foster sustainability by prioritizing green and energy-efficient technologies. However, one critical element often overlooked in these discussions is public procurement.

article thumbnail

How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

Why it matters An overreliance on non-competitive procedures makes the procurement market highly vulnerable to corruption and inefficient public spending. In total, 1200 criminal corruption offenses were registered in Kazakhstan from January to July 2024 8.1% more than the same period in 2023.

article thumbnail

OCP in 2025: our plans for impact, inclusion, innovation plus a significant birthday

Open Contracting Partnership

Read on for some of our plans on this Your top priorities for 2025 include making AI work in public procurement, implementing anti-corruption strategies, and building better e-procurement systems. We’re humbled to learn that 91% of you recommend working with us.

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. In instances of active waste, such suboptimal decisions are motivated by personal gain, as exemplified by corruption.