As the world continues to grapple with climate change and its impact on the environment, more and more organizations are adopting sustainable procurement practices. These practices, which involve considering the environmental and social impact of products and services, can help reduce an organization’s carbon footprint while supporting sustainable economic growth. In this article, we’ll explore what green procurement is, why it’s important, and how organizations can implement it effectively. So, if you’re looking to go green and promote responsible sourcing, keep reading!
What is sustainable procurement?
Sustainable procurement, or green procurement, is a sustainable practice that involves the selection of products and services based on their environmental and social impact. This approach aims to minimize the negative impact of an organization’s activities on the environment and society while supporting sustainable development. It involves the consideration of a product’s life cycle and the environmental, social, and economic impacts associated with its production, use, and disposal.
Green procurement can be facilitated by the implementation of a sustainable procurement policy. A sustainable procurement policy sets out the environmental, social, and ethical criteria that must be met by suppliers when providing goods and services to an organization. By adhering to these criteria, suppliers can ensure that their products and services are sustainable and align with an organization’s sustainability objectives.
Sustainable procurement practices also help to support the circular economy by encouraging the use of products that are made from recycled materials or are easily recyclable. This approach can help to reduce waste and conserve resources while supporting sustainable economic growth.
How to implement sustainable procurement?
Life cycle assessment (LCA) plays a critical role in green procurement as it enables the evaluation of a product’s environmental impact throughout its life cycle. LCA considers the environmental impact of a product from the extraction of raw materials to the disposal of the product. By using LCA-based software organizations can identify the environmental hotspots in the life cycle of a product and prioritize the selection of products with lower environmental impacts.
In conclusion, green procurement practices are essential for organizations looking to reduce their environmental impact and promote sustainable development. Incorporating LCA-based software and product carbon footprint calculation into green procurement practices can provide several benefits, including the identification of environmental hotspots and the reduction of carbon emissions. When combined with a sustainable procurement policy, organizations can create a comprehensive approach to sustainability that promotes responsible sourcing and supports the transition to a circular economy.
ReFlow’s LCA-based digital platform helps organizations easily assess and compare the climate impact of different materials and sources in a data-driven and science-based way to facilitate green procurement practices.
Want to know more about your organization can use the ReFlow platform ?
Contact us to learn more or book a demo.