A reliable and simple sustainability scoring is crucial for companies as their business value is linked to their supply chain. Procurement executives must consider environmental, social, and ethical risks to ensure a reliable and competitive supply network. For this reason, a global sustainability scoring that is trustworthy and user-friendly is essential for sustainable procurement.
Advantages of sustainable procurement:
Minimize supply chain risk
Increased resilience
Competitive edge
Improved reputation and credibility
Lower costs through collaboration
Increased valuation through ESG integration
Competitive advantage with green supply chain
Challenges of implementing sustainable procurement:
Lack of resources and awareness
Proliferation of sustainability standards and labels
Internal change management
Supplier engagement
Supply chain complexity
Our Solution:
SM solution offers user-friendly and dynamic ratings via a SAAS-based platform. Procurement teams can monitor sustainability performance and collaborate for improvement actions in the supply chain.