Sustainable Procurement
Impact of the European Union Deforestation Regulation on procu...
In a long-term move towards environmental sustainability, the European Union (EU) approved a regulation in May 2023 aimed at combating deforestation.
Due to its important interface function to the supply chain, procurement plays a decisive role when it comes to making the company’s own production more sustainable and reducing its carbon footprint. This challenge also opens up opportunities, as sustainability can become a real value driver.
In a long-term move towards environmental sustainability, the European Union (EU) approved a regulation in May 2023 aimed at combating deforestation.
What will be essential for industry players to benefit from the transition, secure supply and drive Scope 3 decarbonisation across their supply chains?
Ahead of the new EU Supply Chain Law, most companies in the healthcare sector have begun compliance efforts, though some doubt its practical implementation. A survey conducted at the end of 2023 included over 650 decision-makers from Germany and France, with 74 representing healthcare companies.
Consumer companies face the dual challenge of adapting to the Due Diligence Directive while navigating an increasingly complex market: inflation has been a critical issue, while consumer spending habits have dampened.
What is procurement’s role in supporting decarbonization? What key challenges do procurement functions face when trying to reduce emissions? Learn more about this topic from our expert Kiren!
The regulation aims to combat climate change by significantly reducing greenhouse gas emissions.
Companies must start reducing greenhouse gas emissions to prevent irreversible climate change damage. With the 5th highest CO2 emissions globally, the healthcare sector must lead the transition to net zero, with procurement support essential for success.