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23 March 2011 | Angeline Albert
The Chartered Institute of Purchasing & Supply (CIPS) is offering everyone access to an online tool to help measure the sustainability of their procurement.
The CIPS Sustainability Review tool goes live at the end of the month. It analyses an organisation’s responses and within 10 minutes rates its procurement function as either gold, silver, bronze or entry-level based on its environmental, social and economic procedures. A report is also produced with advice on what steps the organisation should take to improve future results.
Designed for completion annually, it was created in line with the BS 8903 Procurement Sustainability standard which offersguidance on how to adopt sustainable purchasing practices.
CIPS said it has been set up in response to increasing requests for help to benchmark purchasing performance and make progress towards sustainability goals. Demand for ‘greener’ products is forcing change across the supply chain and suppliers need to adapt to maintain and win new business, it added.
CIPS CEO David Noble said: “Demonstrating the cost benefits of fully integrated sustainability within the business, and furthermore across industries and the economy as a whole, is hard to do due to the complex nature of business itself and the uncertain environment in which they are increasingly operating. This tool will help by not only measuring the effectiveness of sustainable procurement programmes but also help develop a framework for improvements.”
The tool will be formally launched at CIPS’ Sustainable Purchasing and Supply Summit on 31 March. The event, which focuses on the role of sustainability in the supply chain, will be at London’s QEII Conference Centre. Ahead of this Noble is urging UK members to complete a sustainability survey .