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Sustainable Sourced

oboloo Glossary

Sustainable Sourced

Sustainable sourcing is the procurement of materials and services that meet socially responsible, environmentally friendly, and economically viable criteria. This includes considerations such as respect for human rights, preserving natural resources, fair labor practices, customer safety, and transparent and ethical business practices. Sustainable sourcing reduces negative impacts on society and the environment while still providing value to the company. It is a long-term process that is based on an understanding of market innovations, environmental regulations, and analysis of suppliers’ production processes.

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