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Sustainability in procurement – 5 practical steps to more sustainable procurement

In Part 1 of this ‘Sustainability in procurement’ series, we discussed how sustainability is relevant to all aspects of an organisations’ operation, and the resulting need for an integrated approach to embedding this in the supply chain. However, changing the culture of a company is a huge undertaking, and embedding sustainability into everything you do can take time. This article, provides you with 5 practical steps which can help you start the process.

We will discuss this topic further in a webinar hosted jointly with our partners Grippr - a purchasing consultancy specialising in driving purchasing efficiency. More information is available on the webinar at the end of the article.

Greenstone partners with UNGC and Ardea International to host webinar on optimising supply chain data

Greenstone has partnered with UN Global Compact Network UK and specialist consulting firm Ardea International to host a webinar on how to optimise supply chain data on Thursday 6th December at 4pm (GMT).

Companies are now operating in a world where business responsibility extends beyond the environmental or the corporate social responsibility (CSR) challenges of its own operations, and into far-reaching global supply chains. An estimated 80% of global trade passes through supply chains, with the associated risk traced back to companies who have no visibility of this area.

Sustainability in procurement – an integrated approach

Procurement is changing, which means the way organisations engage with their suppliers, manage their supplier relationships, and make their purchasing decisions is changing. There are multiple factors that contribute to this, such as more global supply chains, perceived efficiencies through digitisation, and the changing way in which services are delivered.

However, the focus on managing supply chains more responsibly, or sustainably, is something that is relevant to all current and future procurement and supplier management activities. Sustainability is key part of the evolution of procurement, and therefore needs to be fully understood and implemented.

Webinar: ESOS Phase 2 – how to prepare and optimise your reporting

On Tuesday 6th November, Greenstone and Carbon Smart will be holding a joint webinar on ESOS Phase 2. 

Phase 2 of the Energy Savings Opportunity Scheme (ESOS) makes it mandatory for large UK organisations to measure energy consumption and carry out energy audits. If you operate in other EU Member States, you may also need to comply with local ESOS-equivalents in those territories.

The IPCC SR15 and how companies can respond

This month, the Intergovernmental Panel on Climate Change (IPCC) has released the much anticipated special report, SR15. Drafted in response to an invitation from the United Nations Framework Convention on Climate Change (UNFCCC) following the Paris Agreement in 2015, the report outlines the real-world impacts of average global warming of 1.5°C above pre-industrial levels.

The message was stark and clear – rapidly decarbonise the global economy within the next decade or face far reaching consequences to human welfare.

Streamlined Energy & Carbon Reporting (SECR): what you need to know

The UK Government’s Streamlined Energy & Carbon Reporting (SECR) framework comes into effect from April 2019, and although the final details are yet to be published, the results from the consultation provide some indication of what the scheme will involve. It is estimated that up to 12,000 large UK companies will be required to report under the new framework, aimed at streamlining and reducing the complexity of current energy and carbon reporting requirements.

Greenstone launches SupplierPortal 100 programme to help organisations engage with their suppliers

Greenstone has launched a programme to provide a fully managed assessment of up to 100 suppliers in eight weeks. SupplierPortal 100, designed to provide clients with a simple way to develop confidence in their suppliers, enables organisations to demonstrate a robust approach to supplier risk screening and due diligence.  

There is an ever-increasing focus on supply chains, with organisations themselves needing to take increased responsibility for whom they work with, and for understanding how their suppliers operate. However, a large number of organisations still don’t know the potential risks in their supply chains and lack the internal process and resource to start a supplier assessment programme.  

Webinar: 4 key trends shaping the future of sustainability reporting

On Wednesday 24 October, Greenstone will be holding the webinar '4 key trends shaping the future of sustainability reporting'. 

The future of sustainability reporting, and what it means for corporate organisations, is a topic featuring high on the agenda for industry leaders. In this webinar Greenstone will cover four key trends that we see as shaping the future of sustainability reporting.

G4S recognised by leading socially responsible investment index FTSE4Good

G4S, the world’s leading global security company, has been independently assessed and included as a constituent of the FTSE4Good Index Series for the second year running.  This inclusion recognises G4S’ strong commitment to social responsibility and to sustainable business practices across the group. 
 
The FTSE4Good index series is a leading socially responsible investment (SRI) indicator developed by FTSE Russell, part of London Stock Exchange Group.  It is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices.

Greenstone sponsors Responsible Supply Chain and Sustainability Reporting events

Greenstone is pleased to be supporting Ethical Corporation's two co-located events in London, UK on 10th and 11th October. See below for details of the events and the speakers.