With many companies and organizations being pressured to meet the growing sustainability demands of policies and consumers, businesses and their procurement teams are evolving in how they source services and goods. Supplier diversity, promoting social responsibility, is one strategy gaining momen...
According to the World Resources Institute, the energy sector was responsible for 75.7% of the global greenhouse gas emissions in 2021. Within the energy sector, 29.7% of emissions come from electricity and heat production. This figure also includes emissions from burning alternative fuels, as we...
The role of procurement is transforming. Beyond negotiating the best price, procurement teams now advance financial, social, and environmental goals across their organizations. Sustainability is no longer just about compliance or brand reputation—it’s a lever for long-term value. As a res...
As stated in an article from the World Economic Forum, developing countries bear the brunt of climate change’s impacts. Despite playing a smaller role in driving climate change than their richer counterparts, these nations face a disproportionate share of its consequences, including more an...
Eighty-three percent of customers think that companies should actively influence ESG best practices, according to a PwC study. Consumers were more likely to engage with and buy from companies and organizations that not only follow rules but also help change the environment and society. In this co...