Getting you started on CSR and Sustainable Procurement
Sustainable Procurement
Sustainable procurement is the adoption and integration of Corporate Social Responsibility (CSR) principles – including Environmental and Ethical criteria into your procurement processes
Sustainable Sourcing, also called “Responsible sourcing”, is the integration of social, ethical and environmental performance factors into the process of selecting suppliers
Corporate social responsibility is an organization’s responsibility for the impacts of its decisions and activities on society and the environment, through transparent and ethical behavior
A CSR assessment is an evaluation of how well a company has integrated the principles of CSR into their business. An assessment program is a first step into an ongoing monitoring process
A supplier code of conduct is created for the purpose of ensuring that a company’s suppliers are working in responsible and environmentally-friendly conditions
The Act requires any business above a certain threshold, operating any part of their business in the UK, to report on what it is doing to address modern slavery throughout its supply chains
Conflict Minerals refers to raw materials or minerals that come from a particular part of the world where conflict is occurring and affects the mining and trading of those materials.
The Dodd Frank Act Section 1502 requires publicly traded companies to ensure that the raw materials they use to make their products are not tied to the conflict in Congo, auditing their supply chains.
Sustainability reporting enables organizations to consider their impacts on a wide range of sustainability issues. This enables them to be more transparent about the risks and opportunities they face.
