Procurement is key to a successful ESG strategy
Over the past several years the world has changed. Geopolitics have shifted towards climate focused-governments, standards and regulations have evolved and technology is changing the art of the possible. More importantly, customers now expect organizations to make positive contributions to society and the planet.
Regulators, investors, and other stakeholders are driving companies towards ESG reporting. Capital markets expect ESG focus and performance from companies. Customers, consumers, employees, and investors require companies to have purpose beyond making money for shareholders. All this is driving a need for ESG transformation.
Procurement sits at the center of an ESG strategy. It plays a leading role in all ESG strategies. The only way to drive ESG goals is on the solid foundation of a procurement transformation program fueled by innovative technologies. KPMG and Coupa help build this procurement capability.