“Quantifying the benefits linked to Sustainable Procurement is often challenging but practices of leaders demonstrate that this is a key lever to widespread adoption.”
For the 6th Edition of the Sustainable Procurement Barometer EcoVadis and HEC join forces with A.T. Kearney to examine the state-of-the-art of Sustainable Procurement and identify leaders’ best practices on measuring and quantifying benefits. Since the first report 10 years ago, the HEC Sustainable Procurement Benchmark attempts to measure the evolution of practices of global procurement organizations (Part I). Realizing that quantifying the benefits associated to Sustainable Procurement remains a critical challenge, Part II will propose a framework for better Sustainable Procurement value measurement. For 93% of respondents, Sustainable Procurement is considered a critical or important objective for their companies and stands in their Top 4 priorities. The Sustainable Procurement initiative is driven by 3 different sets of factors: risk and compliance, external demands (i.e. clients and investors) and value creation drivers. The importance of these factors varies depending on geographic areas considered. Companies formally integrating CSR in supplier selection processes are increasing (91%, as compared to 76% in 2009) even though only 1/3 of companies have defined a minimum weight for CSR (in average 10%).