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How To Improve Supply Chain Sustainability

oboloo Glossary

How To Improve Supply Chain Sustainability

Sustainable procurement is the practice of using resources responsibly and efficiently to reduce environmental impacts, maximize economic benefits, and improve social welfare. It applies to all stages in the supply chain from sourcing and production to transport, packaging, and delivery. By committing to sustainable procurement practices, companies ensure their operations remain profitable while also serving their social and environmental responsibilities. This includes minimizing energy consumption, wastewater production, disposal of hazardous materials, and other forms of pollution. It also includes sourcing materials carefully to minimize the negative impacts on human rights, local communities, and indigenous peoples. Finally, it involves working with suppliers who share the company’s commitment to sustainability.

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