Sustainable procurement is how organizations seek to improve the environmental impact of their purchases by operating in ways that positively affect society’s economic, social, and environmental development. Procurement leaders are uniquely positioned to impact sustainability efforts within their organization. But while many schools have documented social responsibility initiatives, they often find it difficult to achieve their goals due to the time-consuming process of finding socially responsible suppliers.
The eye-opening stats below speak to how influential procurement can be in sustainability efforts.