Insights, best practices and thought leadership on procurement strategy, digital transformation and sustainable sourcing.
Sustainable procurement faces misconceptions about increased costs and complexity. In this article, explore how sustainable procurement is helping companies to deliver more value, without compromising on the savings !
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The 2024 Circular Economy Gap Report highlights declining global circularity, overshooting planetary boundaries, and unequal resource consumption, urging immediate action.
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The European Union's Ecodesign for Sustainable Products Regulation (ESPR) aims to promote sustainability and circularity by setting strict requirements for product design, manufacturing, and end-of-life management. It introduces new ecodesign standards, a Digital Product Passport, a ban on destroying unsold consumer goods, and aims to steer public spending towards more sustainable products.
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The 2023 UN SDG Report highlights progress and setbacks. Wins include renewable energy growth, digital leap, and improved education access. Misses feature escalating climate crisis, widening inequalities, and reversal in hunger reduction. The report stresses the need for collective action and emphasizes the role of businesses in sustainability.
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The Role of Packaging in Modern Business Packaging is often a crucial element of a company’s marketing strategy, acting as an emblem of the product itself. Iconic examples like Toblerone’s…
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The United Nations’ Sustainable Development Goals are primarily goals crafted for countries in 2015, to make the world a better place by 2030. Since then, it has been used as…
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Last month, the EU voted to new rules aiming to make product labelling clearer and more trustworthy by banning the use of environmental claims such as “environmentally friendly”, “natural”, “biodegradable”,…
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AI can revolutionize procurement today. It acts as your tech assistant, automating tasks; a sourcing buddy, improving market research and negotiation; and a digitalization accelerator, empowering efficient solution development.
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In a world that is increasingly aware of its environmental footprint, the concept of the circular economy has emerged as a beacon of sustainable practice. This transformative approach shifts the…
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Procurement is often viewed as a function reserved for larger organizations. However, businesses of any size can reap significant benefits from effective procurement practices whether that is by establishing an…
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