The process of acquiring goods and services in a way that considers environmental, social, and economic impacts.

The practice of ensuring that products are obtained in a responsible and sustainable manner, respecting human rights and the environment.

A procurement strategy that promotes the inclusion of diverse suppliers, enhancing innovation and corporate responsibility.

The effect that procurement decisions have on the environment, including resource depletion and pollution.

A business model that helps companies be socially accountable to themselves, their stakeholders, and the public.

The process of involving individuals or groups that may be affected by or can affect procurement decisions.

Quantifiable measures used to assess the sustainability performance of procurement activities.

A technique to evaluate the environmental impacts associated with all the stages of a product's life from cradle to grave.

Purchasing practices that consider environmental factors and aim to reduce negative impacts on the environment.

A plan that outlines how an organization will procure goods and services to achieve its objectives.

The process of assessing suppliers against specific criteria to ensure they meet ethical and operational standards.

Identifying and analyzing potential issues that could negatively impact procurement processes.

The practice of publicly disclosing an organization's economic, environmental, and social impacts.

A structured approach to managing procurement processes, ensuring alignment with organizational goals.

A collaborative approach that aligns procurement with other business functions to enhance efficiency and sustainability.

The degree to which an organization openly shares information about its sourcing practices and supplier relationships.

An economic system aimed at eliminating waste and the continual use of resources through recycling and reuse.

Building strong relationships with suppliers to encourage sustainable practices and innovation.

Specific, quantifiable goals set to track progress in sustainability initiatives.

Proven methods or techniques that lead to superior results in procurement and sustainability.

Introducing new ideas and methods to improve procurement processes and outcomes.

Encouraging a variety of suppliers in the supply chain to promote equity and innovation.

Assessing the activities that create value in the procurement process to enhance efficiency and sustainability.

Working with other organizations or departments to achieve better procurement outcomes.

A formal document that outlines the rules and guidelines for procurement activities within an organization.