Good to Know: "Socially Responsible Procurement: Doing the Right Things for Everyone"

[Keaty Gross]

EnvironmentalLeader.com | Procurement managers often struggle with how to do the right thing for society - protect the environment, conserve resources, treat people fairly - as they strive to do the right thing for their businesses - improve performance, increase efficiency and lower cost. More and more, stakeholders of all types — investors, business partners and vendors, employees, governments and communities, and most of all customers — are demanding both profitable performance and ethical conduct from companies. Balancing these priorities is no longer elective - those key stakeholders are actively rewarding or punishing companies for how successful they are at performing this balancing act. And procurement plays a pivotal role in the outcome. Click here to read full article.