Executive Briefings

No 'Significant' Savings from Sustainable Procurement, Poll Finds

Purchasers are not getting "significant" savings from their sustainable-procurement initiatives, according to a poll by Supply Management.

The survey of 100 purchasers around the world found 64 percent had not secured substantial financial benefit from sustainability. A number reported that the issue is not a high priority in the current economic climate.

Adam Smith, purchasing manager at Morgan Advanced Ceramics, said: "There may be opportunities to benefit from implementing facets of [sustainable procurement], but at the present time this is quite low on our agenda."

Tony Morris, principal business consultant at financial services company CODA, said: "Procurement people talk about it and get it on the agenda, but when it comes to the decision it is never a factor."

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Purchasers are not getting "significant" savings from their sustainable-procurement initiatives, according to a poll by Supply Management.

The survey of 100 purchasers around the world found 64 percent had not secured substantial financial benefit from sustainability. A number reported that the issue is not a high priority in the current economic climate.

Adam Smith, purchasing manager at Morgan Advanced Ceramics, said: "There may be opportunities to benefit from implementing facets of [sustainable procurement], but at the present time this is quite low on our agenda."

Tony Morris, principal business consultant at financial services company CODA, said: "Procurement people talk about it and get it on the agenda, but when it comes to the decision it is never a factor."

Read Full Article