SUSTAINABLE
TRANSFORMATION
Embedding sustainability within your procurement processes
EMBEDDING THE RIGHT CONTROLS AND CHANGES TO YOUR SOURCING PROCESS CAN BE A CHALLENGE
To integrate sustainable practices seamlessly into your procurement procedures, it’s essential to align strategy, policy, processes, governance, and controls cohesively. For instance, you can synchronize requirements across various categories towards achieving a Net Zero target. The encouraging news is that you don’t have to implement everything simultaneously to create a significant impact. Our sustainable procurement solutions assist you in identifying the most suitable approach for your current needs and future aspirations.
"INCORPORATING SUSTAINABLE PROCUREMENT PRACTICES OFFERS NUMEROUS ADVANTAGES, SUCH AS MINIMIZING ENVIRONMENTAL FOOTPRINTS, FOSTERING SOCIAL ACCOUNTABILITY, AND OPTIMIZING LONG-TERM COST EFFICIENCIES."
DRIVING SUSTAINABILITY INTO YOUR DECISION-MAKING AND SUPPORTING DECARBONIZATION
Establishing a comprehensive and sustainable procurement policy with enforced compliance is crucial for fostering sound decision-making throughout the organization. Beginning with this foundational step will establish the benchmark for further development, enabling the creation of value and ultimately paving the path for integrating sustainability within your operational 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.
KSHARILTD'S STRATEGY FOR SUSTAINABLE PROCUREMENT
Under the guidance of seasoned sustainable procurement specialists, we will implement Kshariltd’s established procurement approach while incorporating essential sustainability considerations. By assessing your current procurement practices and operational methods, we will pinpoint areas that require the integration of specific sustainability criteria. These include:
- 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.
LET’S TALK.
If you are looking to drive purposeful and profitable change, get in touch.
