Embedding the right controls and changes to your sourcing process can be a challenge
To fully embed sustainable practices into your procurement processes, you must adapt strategy, policy, process, governance, and controls, which must be aligned throughout. For example, you align requirements across categories to a Net Zero target. The good news is you don’t need to do it all at once to make an impact – our sustainable procurement services help you identify what’s right for you now and in the future.
“Embedding sustainable procurement practices has so many benefits including reducing environmental impacts, promoting social responsibility, and enhancing long-term cost savings.”
Driving sustainability into your decision-making and supporting decarbonization
Setting up a firm, detailed, sustainable procurement policy with mandated compliance is vital to drive the proper decision-making across the organization. Starting with this will help set the standard to build from, to drive value, and eventually lead the way, embedding within your processes:
- Carbon emissions within the baseline of any individual procurement, alongside price
- Building in commercial incentives for decarbonization, as well as penalties
- Allocating a material weighting to the evaluation process to emphasize the priority.
Proxima’s approach to sustainable procurement
Led by expert sustainable procurement professionals, we will deploy Proxima’s proven procurement methodology with the overlay of vital sustainability context. We will work through your existing procurement landscape and ways of working to highlight where and what specific sustainability requirements need embedding, such as:
- Developing a Net Zero Procurement Strategy aligned to wider procurement and business strategy
- Collaborating with key stakeholders and business areas to identify and manage change requirements to embed sustainability
- Supporting senior managers responsible for governance and controls to ensure sustainability is also embedded within supplier and contract management mechanisms.