Procurement sustainability assessment strengthens the sustainability of supply chains

We offer our clients a procurement sustainability assessment service that is designed to promote sustainability and transparency in the project supply chain and to identify and manage the potential risks associated with it.

Studies have shown that subcontracting chains are the largest source of emissions for companies. In addition to indirect emissions, procurements involve several potential risks, ranging from environmental violations to the use of critical natural resources. Procurement has a major impact on global sustainable and responsible operations, for example, from the perspective of promoting economic growth, reducing corruption, and securing working conditions.

The EU’s new Sustainability Reporting Directive and the pending EU Corporate Responsibility Directive oblige companies to report on their impacts throughout the value chain. In addition, concrete documentation of equipment purchases is required if the investment is carried out in accordance with the EU taxonomy.

We evaluate procurements sustainability comprehensively

The service offers our clients the opportunity to make responsible purchases in their projects. The service evaluates procurements comprehensively, from the supplier’s company-level responsibility to equipment and contract procurements. It can also be used to ensure that the equipment meets the set quality requirements and is delivered to the customer on time.

With the help of the procurement sustainability assessment, our clients identify the environmental impacts of procurement, improve social responsibility and promote the achievement of their sustainability goals.

In addition to ensuring the sustainability of the life cycle, it is also important to meet various requirements in equipment and material procurement. Many projects involve financiers and other stakeholders, for whom environmental risks must be minimized, and social responsibility must be taken into account more closely in order to meet the requirements of the taxonomy.

Information obtained from procurement evaluation supports sustainability reporting

The Procurement Sustainability Assessment Service supports the sustainability goals of the clients and the project and promotes the transparency of supply chains. Procurement risks are identified at an early stage, making them easier to manage.

The information obtained from the assessments can be used in the client’s sustainability reporting and in measuring goals. The service sends a positive message to stakeholders, supports sustainable development, and has a broad impact on global value chains.