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Highlights
    Spotlight on Procurement’s Sustainability Progress

    Implementing strategic change with a focus on ESG

    Sustainable Procurement

    Following our report from last year, Procurement’s Journey to Sustainability, we aimed to delve further into understanding the progress procurement is making in environmental, social and governance (ESG). In our previous analysis, we talked to more than 300 chief procurement officers worldwide, spanning all major industries.

    To gauge their current level of maturity, we inquired about their perceived standing in each of the 12 areas highlighted in Oliver Wyman’s Sustainable Procurement Maturity Framework, specifically in terms of Track, Act, Impact, and Operate. We are now delving deep into these 12 areas to provide additional insights and practical advice.

    Exhibit 1: Oliver Wyman's sustainable procurement maturity framework

    1. Total cost of ownership. 2. Environmental profit and loss

    Source: Oliver Wyman analysis

    Articles

    Shifting Gears In ESG Performance Monitoring

    Discover how to effectively reinvent procurement performance monitoring to meet rising ESG demands and track sustainability progress.

    Defining The Right Digital Asset Strategy For Procurement

    Build a digital asset strategy needed for ESG in data procurement. Here are the best practices to monitor effectively and achieve sustainability goals.

    Drive Sustainable Success with ESG Category Strategy

    Six levers that ensure ESG focus in category management.

    Authors

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