Sustainable Procurement Policy

A Sustainable Procurement Policy is a set of guidelines and requirements for an organization’s purchasing decisions that aim to minimize negative environmental and social impacts and support sustainable development goals. The policy typically includes criteria for selecting products and services based on factors such as energy and water efficiency, recycled content, biodegradability, and fair labor practices. It may also include preferences for suppliers with strong environmental and social performance records, as well as requirements for supplier audits and reporting. Sustainable Procurement Policies are often part of an organization’s broader sustainability strategy and help to drive market demand for more sustainable products and practices. They are increasingly being adopted by businesses, government agencies, and institutions as a way to reduce their environmental footprint and promote responsible supply chain management.