In today's business landscape, procurement teams face a multitude of challenges, from geopolitical tensions to high inflation and the emerge of new technology. However, it is becoming increasingly clear that sustainability must be a top priority for procurement teams. Regulators, customers and other stakeholders are demanding more sustainable practices, putting pressure on procurement teams to create low-carbon, nature-friendly supply chains that can withstand the impacts of climate change and extreme weather events. By prioritizing sustainability in procurement, companies can not only meet these demands but also reduce risks associated with unsustainable practices, such as reputational damage or supply chain disruptions.

Get insights into sustainable procurement – industry trends and best practise

As a leading advocate for both procurement advisory services and sustainability services, KPMG is proud to announce the launch of our Sustainable Procurement Survey.

The purpose of the survey is to share valuable insights into industry trends and best practices, providing procurement professionals with the opportunity to benchmark their own practices against their peers. Your input will help shape the future of procurement and drive positive change within the industry.

The detailed results from the survey will be exclusively shared with the participants.

What is sustainable procurement?

Sustainable procurement is the process of purchasing goods and services in a way that considers the economic, social, and environmental impacts of those purchases. It involves engaging with suppliers in improving sustainability performance, setting sustainability criteria for suppliers, evaluating suppliers based on their sustainability performance, and monitoring and reporting on sustainability performance. Sustainable procurement is important for organizations to reduce their environmental footprint, enhance their reputation, and comply with and prepare for regulations such as CSRD and CSDDD.