oboloo

oboloo FAQ's

What Is Sustainable Public Procurement And Why Is It Important?

What Is Sustainable Public Procurement And Why Is It Important?

Are you familiar with the concept of sustainable public procurement? It’s a crucial aspect of sustainability that is often overlooked. Sustainable public procurement refers to the responsible purchasing practices used by governments and organizations to reduce environmental impacts, support social equity, and promote economic development. In this blog post, we’ll take a closer look at what sustainable public procurement is, why it matters so much in today’s world and how it can benefit both buyers and suppliers. So buckle up and get ready for an eye-opening journey into one of the most important aspects of sustainable living!

What is Sustainable Public Procurement?

Sustainable public procurement is a procurement process that meets the environmental, social and economic (ESEE) requirements of an organization. It is an important part of sustainability because it helps to reduce environmental impact, promote social equity and improve economic efficiency.

There are three key principles that form the basis of sustainable public procurement: good governance, environmental protection, and economic development. Good governance includes effective planning and management of resources, as well as effective communication between different parts of an organization. Environmental protection focuses on protecting the environment while also taking into account human health and safety. Economic development focuses on creating jobs in a sustainable way and increasing wealth creation.

In order to meet the ESEE requirements of a procurement process, organizations must adopt specific practices. These practices include using green procurement criteria, engaging local communities in procurements, using open-source software where possible, and using renewable energy sources whenever possible. Additionally, organizations should engage with stakeholder groups early in the procurement process to get their input on how best to meet the needs of all involved parties.

Sustainable public procurement has many benefits for both organizations and society as a whole. By implementing appropriate practices, organizations can reduce their environmental impact, promote social equity through fair hiring practices, improve economic efficiency by reducing wastefulness in procurements, and create jobs in a sustainable way.

The Benefits of Sustainable Public Procurement

Public procurement can be defined as the acquisition of goods and services by public sector entities through competitive processes. The main purpose of public procurement is to promote efficient and effective management of public resources, while ensuring quality, fairness, and openness in dealings with suppliers.

The benefits of sustainable public procurement are many and varied. They include: reducing environmental impact; improving efficiency and accountability; promoting innovation; fostering competition ; reducing corruption ; enhancing transparency ; and strengthening public-private partnership . Furthermore, sustainable public procurement practices can create jobs and support economic development.

Sustainable public procurement is based on four key principles: consideration for the environment , social responsibility , human rights , and transparency . Each principle has its own specific benefits. For example, consideration for the environment promotes environmentally friendly practices, such as using recycled materials or using renewable energy sources when possible. Social responsibility encourages suppliers to take into account the social issues their products may cause, such as paying workers a fair wage or respecting human rights . Human rights protect people from exploitation by their employers or suppliers, no matter where they are in the world. Transparency enables citizens to know what their government is doing and how it is spending their money.

Thesebenefits are just some of the reasons why governments around the world are adopting sustainablepublic procurement policies. In fact, according to a report by IHS Markit , nearly two thirds (63%)of all global governments have adopted at least one sustainability policy in 2016. This trend is likely to continue as

Why Is Sustainable Public Procurement Important?

Public procurement has been defined as a “systematic, planned process of acquiring goods and services from suppliers” (Dowling & Hetzler 2009). The purpose of public procurement is to ensure that the goods and services purchased are both effective and efficient, while also promoting sustainable development. The benefits of public procurement include reducing waste and benefiting the environment, as well as providing greater transparency in government decision-making.

There are several reasons why sustainable public procurement is important. First, it can help to reduce waste and promote sustainability by ensuring that the goods and services being purchased are effective and efficient. Second, public procurement can promote transparency in government decision-making by making information available about the suppliers who have been chosen. This information can help to ensure that the goods and services being purchased are of high quality. Third, public procurement can help to achieve financial savings by reducing the cost of purchasing goods or services through competition. Fourth, public procurement can encourage innovation by creating new markets for companies seeking to provide innovative products or services. Finally, public procurement can lead to better customer service by improving communication between government officials and those who are purchasing goods or services from government entities.

Conclusion

Sustainable public procurement is important because it helps protect the environment, promotes economic growth, and builds community trust. It’s a sector that has a lot to offer, not just in terms of environmental benefits but also economic and social ones. As we continue to face ever-growing global challenges – from climate change to Security threats – sustainable public procurement is one way we can work together as a society to create positive change.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971