Taking the Leap into Sustainable Procurement with Supplier Performance Management

June 5, 2016 Yovana U. Samy-Duchesne

Published in Supply & Demand Chain Executive on 31 May 2016

By Pierre-Francois Thaler, Co-CEO of EcoVadis

“Managing supplier performance and encouraging suppliers to take ownership of their own sustainability initiatives reaps a higher return on investment than a simple compliance approach. This is because Supplier Performance Management develops suppliers committed to growing their businesses using social and environmental performance as a source of a competitive advantage, benefitting both the buyer and supplier.”

In this article, Pierre-Francois Thaler explains the next level of applying a Supplier Performance Management mindset to sustainability practices will yield deeper changes that payoff in the near- and long-term.

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