Community Short Facts - April 2022

Sustainable purchasing

A new study by management and technology consultancy BearingPoint on the topic of sustainable procurement shows that Chief Executive Officers (CEOs) have the opportunity to assume responsibility for a sustainable transformation as Chief Environmental Officer. They can implement this by setting the vision and strategy, supporting the necessary organizational changes and providing the corresponding budgets. And the results are clear: the companies in which the CEO also positions himself as Chief Environmental Officer are also the most sustainable purchasers.

Of the 700 company managers and procurement and sustainability experts surveyed as part of the global study, 98% agreed that sustainable procurement is essential. 71% of participants from the DACH region (or 77% from Europe) consider a sustainable procurement concept to be very or extremely important for the future success of their company. At the same time, 81 percent (DACH region) and 77 percent (Europe) rate their company's approach as very to extremely progressive.