ISO 20400: Principles of Sustainable Procurement

Sustainable procurement is the application of social and environmental responsibility to procurement policies, processes, and practices. Sustainable procurement and ISO 20400 take a structured and planned approach to procurement that delivers ethical, social, and environmental benefits. This online course explores the principles of sustainable procurement, including how it creates a positive impact on society and the environment.

First, we discuss the benefits of sustainable procurement. We explore the environmental and social impact of sustainable procurement, the three pillars of sustainability, and the core areas in ISO 20400. Likewise, we review procurement standards such as the Forest Stewardship Council, the Fair Trade, the Rainforest Alliance, and more. Also, we present a five-stage procurement process through which sustainable policies and practices should be applied. Then, we examine market analysis and the prioritisation of organisational actions.

Next, we highlight the common risk areas of sustainable procurement and recommend actions. Learn about performance measurement and indicators according to ISO 20400 recommendations for monitoring sustainable procurement. The last section covers cost analysis, grievance mechanisms, sustainability in the supply chain, and rewards for suppliers that encourage sustainable procurement. By taking this course, you will discover how standardisation improves the social, ethical, and environmental impacts of the supply chain. Enrol now.