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Its hugely positive that 20 Italian civil society organizations came together as a coalition to push for transparency and accountability in the delivery of the Games. While an important step forward, the portal still requires improvements to enhance usability, data completeness, and interoperability.
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.
Rather than viewing fiscal rules as rigid constraints, the region should see them as valuable tools to promote both macroeconomic stability and sustained investment. This underscores the idea that compliancenot merely the existence of fiscal rulesis the key driver of fiscal sustainability and investment capacity.
There is increased recognition that sustainability cannot be a siloed business unit within an organisation. The main takeaway is that sustainability transformation takes time – but every step along the journey can be meaningful. This blog post provides a recap of the highlights from the sustainability briefing.
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. For LAC countries, digital technologies can be an important ally in achieving this balance. What is Smart Public Procurement?
When it comes to sustainability, “non-toxic” reigns supreme in consumer preferences. Sustainability Certific ations support sustainability claims and promote transparency for your product. ” This reality emphasizes the importance of selecting the appropriate certification for your product.
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.
Now, a trend called “greenhushing” is emerging, where companies shy away from promoting their sustainability efforts for fear of being accused of greenwashing. However, staying silent about your eco-friendly practices is not the solution – consumers crave transparency! How you present your claims is important.
Sustainable products are experiencing growth in both profits and consumer demand. To successfully market your sustainability efforts, you must carefully navigate the fine line between legitimate marketing and greenwashing. Consumers today expect transparency, proof, and meaningful action.
Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.
Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. The following blog will provide a more detailed exploration of creating sustainable procurement strategy, their benefits and challenges during implementation.
Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).
By integrating the EIC’s functionalities in their procurement practices, organizations can dramatically accelerate sustainability agendas with reliable emissions data for all the direct and indirect products and services they acquire, and establish transparent reporting standards.
This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency). Leveraging technology and e-procurement tools can significantly improve efficiency, transparency, and access to procurement opportunities.
Early this year, the European Union (“EU”) finalized the required internal procedures for the entry into force of the Sustainable Investment Facilitation Agreement concluded between the European Union and the Republic of Angola on 18 November 2022 (“SIFA” or the “Agreement”).
In today’s rapidly changing world, sustainability has emerged as a critical factor for businesses seeking to thrive and make a positive impact. To demonstrate their commitment to sustainable practices, many organizations are turning to certifications and ecolabels.
At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.
That means that when we deploy and build something, it has to be sustainable.” Officials also noted that important criteria for the agency’s own use of the technology are transparency and consistency.
In recent years, sustainability has increasingly become a top priority for many organisations. Many businesses, governments, and consumers are now acutely aware of the importance of taking action to prevent climate change. Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability.
They must be powered by open, transparent, comprehensive real-time data on public contracts – from the spending all the way to the implementation. Results from open contracting in other contexts have delivered far-rippling effects, carrying important lessons for the water and sanitation sectors. Now, an estimated 6.5
Photo credit: Flickr While carrying out research on the impact of digital technologies for public procurement governance, I have realised that the deployment of artificial intelligence to promote sustainability through public procurement holds some promise. It is difficult enough to have access to information on ‘live’ tender procedures.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change. See you soon!
While the e-procurement system doesn’t include the quasi-governmental sector and sovereign wealth fund (which aren’t governed by the public procurement law) it provides full transparency on the general procurement market which accounts for at least a third of Kazakhstan’s public spending. million (~US$24,000) being returned to the budget.
I think one of the most important things we’ve done is we have developed a framework that is the first in the world for bringing satellite communications functionality into all of our mobile phones and devices, so we have a backup in the skies from our terrestrial systems fail. FS: What are the next steps on that front?
To understand the importance of trust and how to build it, she busted three myths associated with the term. The act of trusting builds transparency, added Nate Benjamin, Chief Diversity and Inclusion Officer at AmeriCorps. Trust is nonlinear. Trust is not one-dimensional,” Sanchez said. “It It is a noun, but it’s also a verb.
Many in the defense industrial base view the bid protest system as providing necessary transparency and accountability in the contracting process, including to ensure that the government follows the law and its own procedures. As another example, how will the pilot apply if GAO sustains a protest in part and denies it in part?
Paige emphasized the importance of assessing a vendor’s credibility and reliability using historical data, including which government agencies they’ve worked with and whether they deliver goods and services on time. This revelation motivated him to bring more transparency to government purchasing.
In addition, a dedicated Sustainable Public Procurement (SPP) Competence Center was established in the LPPO to lead implementation and to support contracting authorities and suppliers in their adoption of green criteria. In 2023, the LPPO added a set of key sustainability performance indicators to its procurement dashboard.
They are important carbon sinks, are home to around 80 percent of the animal species living on land, and form the basis of life for around 1.6 Amazon provides grant funding to accelerate sustainability research and innovation through the RNCF and the Amazon Sustainability Data Initiative ’s (ASDI) Promotional Credit Program.
Understanding the nature of today’s job market and the importance of effectively recruiting and retaining its employees, the HR department at Manatee County Sheriff’s Office took important steps to transform the way it evaluates employees’ and managers’ performance. At the same time, the number of applications per job decreased by 39%.
Last week in Rome, we brought together over 100 leaders from 26 European governments , EU institutions, global organizations like the World Bank, OECD, EBRD, and UNOPS, civil society, and the private sector for the 3rd International Open and Sustainable Public Procurement Conference 2024.
It’s an appropriate workplace for the woman spearheading efforts to increase transparency and oversight of public spending in Rwanda, by digitalizing the platform running the country’s public procurement and professionalizing its workforce and processes.
Central to the event were the themes of generative AI, sustainability, security, and—importantly for Europe—digital sovereignty. Responsible AI mitigating the risks Organizations that use generative AI must build responsible AI systems that are fair, explainable, robust, secure, transparent, and safeguard privacy.
We want to enable one billion people to live in more equitable, prosperous and sustainable communities by 2030 by improving US$2 trillion in public procurement spending. We want to unlock its power to improve economic inclusion and sustainability, rebuild integrity and trust, and deliver the quality public services that we all deserve.
Yet it underlines the importance of engaging the public, patient organisations, and healthcare professionals in open discussions about the cloud and its applications in health. Transparency in the adoption of cloud is just so crucial. It’s important to explain the advantages, the value to the patient, the solutions and the risks.
With the ever-increasing awareness on human rights and sustainability it has become part of our due diligence requirements to not only evaluate suppliers against the classic areas as per Carter’s 10 Cs but also against their ethics in the supply chain. What positive impact do you have on the community?
This year, we received nominations across four categories: Lifetime Acquisition Excellence , Acquisition Excellence , Sustainability/Green Excellence , and Advocating for Veterans. Their outstanding efforts were instrumental in delivering best value and achieving critical agency missions.
A critical finding and recommendation of the World Bank report is to strengthen the transparency and efficiency of public spending and procurement, including through open data and digital procurement reforms. They know full well they will be the ones ultimately paying for it through higher taxes and poorer development outcomes.
These agreements take on even greater importance under the Procurement Act 2023, with greater emphasis on transparency, competition and sustainability. Common concerns include transparency, fairness, especially when small suppliers feel dominated by big competitors in multi supplier frameworks.
The ‘rise in legislation’, including the EU Corporate Sustainability Reporting Directive and the EU Corporate Sustainability Due Diligence Directive (see here for previous coverage), impose new duties and potential liabilities on businesses.
Detail your methodology to explain how you plan to maintain transparency and address issues promptly. This incremental approach allows businesses to grow sustainably while meeting the stringent requirements of government agencies. This strategic move can ultimately lead to long-term success and sustainability.
In recent years, sustainability has increasingly become a top priority for many organizations. Many businesses, governments, and consumers are now acutely aware of the importance of taking action to prevent climate change. Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability.
Public procurement regulations is absolutely front and centre to this, both in terms of buying more sustainable products and services, but also incentivising its supply chain to adopt environmentally friendly practices. The Role Of The Public Sector In Improving Sustainability The public sector in the UK is huge.
Image Credit: Nadia Cruz / Institute for Climate and Sustainable Cities Top findings Here are some of their discoveries. PhilGEPS was such an important partner in the project,” says Abante. The procedures covered 500 kilometers of pop-up bike lanes in Metro Manila (10 contracts), Metro Cebu (1), and Metro Davao (1). Source: Kenneth S.
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