13 August 2007 | Paul Snell
Nearly half of all firms do not have a policy on purchasing eco-friendly products, a survey has found.
The study by networking group eyeforprocurement found that 48 per cent of companies have no plan in place to enable "green" buying. Some 31 per cent of firms practise environmentally friendly procurement, and a further 21 per cent have a written policy on the issue.
But of those firms that do buy green, only 45 per cent source more than 10 per cent of their products according to environmentally friendly purchasing rules. Direct materials and packaging were the areas most commonly covered.
Most buyers said increased costs and suppliers' lack of awareness were still the biggest obstacles. And only 51 per cent of respondents said they would be willing to pay more for green products. However, 98 per cent of buyers believed eco-purchasing would increase.
The survey canvassed 188 procurement professionals in a variety of sectors, primarily in the US and Europe.