SIG Resource Center

6 Steps for Procurement to Drive ESG Excellence For The Enterprise

Changing consumer trends, the rise of activist investors, and tightening of government regulations have made sustainability a top priority for many organizations across the world. And if ambitious corporate sustainability targets are to be met on time, all parts of the business will need to transform their operations, including the procurement function. Indeed, procurement teams are uniquely positioned to respond to the challenges and opportunities in this shift towards sustainability, sitting as they do at the intersection of all arms of the business and its suppliers. As such, procurement shouldn't simply keep pace with the demands of the business when it comes to sustainability but act as a catalyst to drive change and exceed targets. In order to do so, chief financial officers and chief procurement officers need to equip their teams with the right methodologies and expertise.

Sourcing Management
Sustainability