Solution: ISO 20400
Solution: ISO 20400
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ISO 20400 – Sustainable procurement
ISO 20400 is an international standard that provides guidelines for implementing sustainable procurement practices, focusing on responsible sourcing of goods and services.
Its purpose is to empower organizations to consider social, environmental and economic factors in the procurement process, thereby promoting sustainability in the supply chain.
Key aspects
- Procurement Strategy & Policy Development: The standard guides organizations in aligning procurement policies and strategies with business objectives and sustainability goals.
- Supplier Selection & Risk Mitigation: The standard helps organizations select suppliers based on sustainability performance and manage social and environmental risks in the supply chain.
- Ethical & Transparent Practices: The standard emphasizes the importance of ensuring fairness, honesty, and transparency in procurement processes, including contract management.
- Stakeholder Engagement & Accountability: The standard highlights the need to engage stakeholders and take responsibility for the social and environmental impacts of procurement decisions.
- Continuous Monitoring & Improvement: The standard encourages ongoing monitoring, reporting, and improvement of sustainable procurement practices and supplier performance.
Applicability
The certification is suitable for organizations seeking to enhance their social and environmental responsibility in their procurement processes, especially for:
- Public and private entities that supply goods and services
- Industrial and commercial enterprises seeking sustainable solutions for their procurement
- Non-profit organizations (NGOs) that focus on sustainable and responsible sourcing models
- Educational institutions and research organizations that undertake sustainability-driven procurement
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