oboloo Glossary

Sustainable Resource Sourcing

oboloo Glossary

Sustainable Resource Sourcing

Sustainable resource sourcing in procurement is the practice of sourcing and obtaining materials and services in an ethical, responsible and efficient manner. It involves taking into account factors such as environmental impact, occupational safety, human rights considerations and cost-effectiveness to ensure that the products and services acquired are not only excellent quality but also adhere to responsible production and sourcing standards. Ultimately, this approach helps businesses create a long-term, positive economic, social and environmental legacy.