The latest 2019 Sustainable Procurement Barometer Report has just been released. This biennial study from EcoVadis, this year partnered with NYU Stern Center for Sustainable Business, reveals global sustainable procurement trends and progress. The report offers insight into how sustainability is evolving in procurement priorities, and the tools and processes being used to drive tangible improvements and business results. A few key findings:
- Page 16: Investment in sustainable procurement increased for 81% of companies
- Page 27: use of sustainability scorecards is the #1 differentiator between leaders and followers
- Page 40: Another big difference between leaders and followers is capability to generate benefits through procurement metrics
- Its not just for the giants anymore: 33% of respondents are below $500M in turnover, signaling the practice is broadening to deeper tiers of the supply chain.