Every purchasing decision an organisation makes has an impact: on the environment, on the economy, on society, and on the communities within which it operates.
Today (21st March 2024) is the third annual World Sustainable Procurement Day. Developed and organised by the Sustainable Procurement Pledge (SPP), an international non-profit organisation for procurement professionals, academics and practitioners, the purpose of this global initiative is to highlight the important role procurement plays in companies achieving their wider sustainability goals.
Incorporating sustainable practices into procurement processes is vital. Through integrating Environmental, Social and Governance (ESG) considerations into this area of their operations, companies are better positioned to reduce their environmental impact and promote positive social impact throughout their entire value chain.
The theme for this year’s World Sustainable Procurement event is #collaborate2accelerate. Collaboration with our supply chain partners is something that is at the heart of K2’s business operations, and we are proud to have established and developed an expansive Global Accredited Partner Programme (GAPP). Our GAPP network acts as an extension of K2, representing our company, culture, and values, as well as meeting our professional standards. Through building and maintaining strong partner relationships, we are able to provide the consistent service excellence that is key to our success, whilst ensuring alignment with our ESG commitments.
Our partners are vetted and bound by both Partner Service Level Agreements and the K2 Code of Conduct, compelling them to adhere to all compliance obligations. Every prospective partner is also required to complete the Sustainability section of K2’s mandatory pre-qualification questionnaire: this enables us to determine whether or not they have an effective sustainability management system in place.
Jose Pose, Head of Partner Relationships, comments:
“We understand that the development of a robust risk management system is a key factor for achieving sustainable procurement, and so we continue to assess the ways in which we can further enhance our partner certification process.
We see our relationship with our supply chain partners as intrinsic to helping us ensure that our core sustainability values extend throughout our services. This desire for impact-driven collaboration can also be seen in our ongoing work with EcoVadis.”
As champions of sustainability within our industry, K2 recognises the critical importance of responsible sourcing practices, something which World Sustainable Procurement Day brings into sharp focus. The Day’s messaging boosts our resolve to collaborate across all elements of our business in order to accelerate the progress of the global mobility industry as a whole towards more sustainable procurement practices.
