European bosses get behind sustainable procurement

Senior management throughout Europe is taking a greater interest in what their buyers are doing to develop sustainable procurement, new research reveals.

Purchasers across Europe told a study published this week that bosses were now more supportive of such initiatives, as well as taking greater responsibility for projects by signing them off.

The Sustainable procurement: Back to management report conducted by consultancy EcoVadis and French business school HEC, found more than a third (36 per cent) of senior purchasers had made significant progress in securing top-level management’s interest in sustainable buying.

The study, which surveyed 80 senior procurement officers across Europe, found 92 per cent believed their organisation considers sustainable buying to be an “important or critical” initiative. The three main motivations for this were improving risk management, cost reduction and value creation.

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