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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.

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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. However, one critical element often overlooked in these discussions is public procurement. Foster sustainability by prioritizing green and energy-efficient technologies.

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

Around the world, governments are embracing “green procurement” – environmentally sustainable strategies to reduce global greenhouse gas emissions and other forms of pollution. Strategies In “Green Procurement,” 66 Gov. Strategies In “Green Procurement,” 66 Gov.

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

Inter-American Development Bank

What is Smart Public Procurement? 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. Improved procurement strategies could reduce public debt by as much as 1.8%

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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

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.

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Sustainable and Circular Procurement Practices in Public Sector Procurement

Tracker Intelligence

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.

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AI & sustainable procurement: the public sector should first learn what it already owns

University of Bristol

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. And it should then put that evidence base to good use.