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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. This raises questions though about the long-term sustainability of the projects, which was a core promise of these Olympics and Paralympics.
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.
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.
Nonprofit organizations (NPOs) and nongovernmental organizations (NGOs) focusing on sustainability are dedicated to fostering a healthy environment, preserving our planet, and providing a livable future for upcoming generations. This research is essential in informing policy and guiding action towards sustainability.
We were never just after a bit more transparency though, we wanted to transform how procurement is done. Indeed, an investment in digital procurement reforms is one of the best investments to achieve the Sustainable Development Goals. 2) Partnerships sustain change Procurement is too vast and complex to transform alone.
It hasn’t always been available to the public, but increasingly, they are making it visible as a way to build trust and be transparent with their constituents. To start providing transparency through data, agencies first need to get all employees up to speed on their data literacy. How To Get Started. And that’s not an easy task.
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. This continuous data flow strengthens public trust by minimizing corruption risks and reaffirming a commitment to transparency.
This guide examines the fundamentals of public procurement, including fairness, value for money, and transparency, and how they influence both ethical and effective procurement procedures. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.
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.
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.
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).
When it comes to sustainability, “non-toxic” reigns supreme in consumer preferences. Sustainability Certific ations support sustainability claims and promote transparency for your product. Schedule a free consultation with Softly to learn more about avoiding the risks of sustainability claims.
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.
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.
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.
Contributing Author: Anushka Musinipally Wayfair’s Shop Sustainably program presents an opportunity to showcase sustainable home goods products to eco-conscious consumers, increasing the chances that they will be viewed by customers. You can learn more about selling with Wayfair here. Wayfair uses just such a filter.
The interplay between these principles ensures the responsible and transparent management of public funds, crucial for meeting community needs while optimizing economic benefits. Leveraging technology and e-procurement tools can significantly improve efficiency, transparency, and access to procurement opportunities.
Sustainability is one of the most evolving and growing trends of our time, and it will dominate procurement business discussions well into the foreseeable future. In fact, studies and ROIs are clearly showing sustainability is to be considered a new type of competitive advantage. Bulgari – Arianna Vetrugno. Sounds interesting?
Public procurement needs to be more transparent, efficient, and accountable to tackle the major social and economic challenges faced by governments across the world. Transparency on legal and regulatory frameworks To make e-GP systems work effectively, it’s essential to have supportive legislative arrangements in place.
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”).
Around the world, governments are embracing “green procurement” – environmentally sustainable strategies to reduce global greenhouse gas emissions and other forms of pollution. government in April 2024 issued a final rule calling for contracting officials to plan to procure sustainable and services “to the maximum extent practicable.”
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Those are three hot topics in the enterprise today. When I say technology, I’m not talking about spreadsheets,” White said.
Meanwhile, the GSA is pushing forward with updated standards to accelerate federal buildings toward zero emissions, reflecting a broader shift towards sustainability. In cybersecurity, CISA’s CDM program is set to tackle emerging threats in the cloud, while the Department of State is piloting AI adoption to improve operations.
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.
They must be powered by open, transparent, comprehensive real-time data on public contracts – from the spending all the way to the implementation. It’s time to dive into open contracting to improve integrity and transparency in water and sanitation sector finance !
In recent years, sustainability has increasingly become a top priority for many organisations. Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. Carbon emissions from the supply chain remain one of the biggest hurdles businesses face on their path to sustainability.
Want to know how to crack Amazon’s code for sustainable products? Do you know Amazon has certified sustainable products? A certification symbol on a label can identify a product as sustainable without making consumers feel overloaded with information, thus deterring them from buying the product. Shop as you usually do!
The aim of this event was to help Caribbean government agencies see sustainable success in eProcurement transformation. Sustainable and scalable. The post How to create successful, sustainable eProcurement transformation appeared first on Bonfire. Defining eProcurement and where to start. Usually includes a vendor database.
In 2019, the city team turned to open contracting to make the procurement process more inclusive, competitive and outcome-oriented, including: pre-market engagement to gather insights from vendors worldwide, a new economic model to allow the service to expand at a lower budget, community consultation to involve residents in deciding the service design (..)
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!
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 ”.
Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. The customer centricity of our teams and the need for a flexible and robust platform that enables process optimization, transparency, and agility have weighed in our favor to provide Volkswagen with a compelling solution”, he concluded.
Recommendations for city governments In the face of looming fiscal challenges, city governments must adopt strategic measures to ensure financial stability and sustainability. Regularly updating financial models and engaging in long-term fiscal strategy development can provide a clearer roadmap for sustainability.
We moved from transparency to transformation. Instead, we fell in love with the challenge of transforming one of governments most essential but overlooked, unloved, and underappreciated functions. And we heard clearly from our community that this was just the kind of partner they were looking for.
Amazon provides grant funding to accelerate sustainability research and innovation through the RNCF and the Amazon Sustainability Data Initiative ’s (ASDI) Promotional Credit Program. that it deployed in the AWS Cloud in 2023. SeloVerde 2.1 monitors deforestation by leveraging AI, ML, and open source data on the AWS Cloud.
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. We need some transparency and accountability for knowing when we’re invoking an AI capability and when we’re not,” Noyes said.
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?
Second, the realignment provides an opportunity to increase transparency for customer agencies and industry partners seeking to do business with FAS. The new structure also can enhance transparency with regard to guidance impacting the MAS program. Third, the alignment provides an opportunity to improve data management.
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.
A core focus of the Future of Government Awards is the importance of open source,” said Joe Hooper, director of the UNDP Global Centre for Technology, Innovation, and Sustainable Development. And this range can have important multiplier effects in expanding the use of existing and proven digital solutions. “A
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.
And tightening regulations and new mandates are pressing government leaders to improve transparency, productivity and sustainability. Physical and cyber threats are evolving and escalating. Aging infrastructure must be modernized. As a result, there is a critical need for federal agencies to advance their digital transformation.
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.
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