ESRS (European Sustainability Reporting Standards)
The European Sustainability Reporting Standards (ESRS) is a set of guidelines designed to promote sustainable business practices and provide transparency in the procurement process. This framework ensures that organizations are adhering to ethical and socially responsible principles when engaging in procurement activities. The ESRS provides companies with a benchmark to ensure their operations are conducted in an environmentally friendly, socially conscious, and economically viable manner. By following this standard, organizations can ensure that their procurement processes are efficient, effective, and beneficial to both parties involved.