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Sustainable Procurement and Vendor Management

Driving sustainability through partnership and procurement
Driving sustainability through partnership and procurement

Sustainable Procurement and Vendor Management

Overview

Driving sustainability through partnership and procurement

Having evaluated your supply chain from an environmental, social and governance (ESG) perspective, you should engage with suppliers to ensure they share your vision for sustainability.

By developing a Sustainable Procurement Policy, you can clearly communicate the sustainability standards that suppliers need to meet to do business with you, effectively managing future risks in your supply chain.

We will develop an engagement plan to help existing suppliers enhance their ESG performance and align their practices with your own ESG objectives to meet your standards, thereby improving overall sustainability performance.

We can also create a sustainable supply chain management system to conduct vendor due diligence and monitor their ESG progress.

We do this by:

  1. Developing a rating system to assess each of your suppliers.
  2. Engaging with suppliers based on specific improvement parameters.
  3. Drafting a Sustainable Procurement Policy to ensure you attract the right suppliers.
  4. Developing a Sustainable Procurement Framework.

RenoirESG can support you to transition to sustainable supply chains and complete your sustainability transformation.

Lacking data to validate or support key business decisions

Lack of knowledge to define a cohesive business or data strategy

Low speed to market and trouble adapting quickly to customer and market needs

High operational costs due to lengthy data processing times

RenoirESG Solutions

RenoirESG can support your efforts in two main areas:

Sustainable Supply Chain Assessment

Assess your supply chain for a deeper understanding of its impact on the three pillars of ESG.
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Sustainable Procurement and Vendor Management

Establish a supply chain management system to monitor the ESG progress of your vendors and have a supplier engagement plan to reduce supply chain risks.
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Why RenoirESG

ESG Excellence

We have established a dedicated ESG Centre of Excellence, using best-in-class and adaptable tools tailored for your company’s specific needs. Our proven track record ensures the delivery of effective sustainability and climate change solutions.

Beyond Strategy

Our expertise goes beyond developing and implementing strategy. Our management consulting expertise enables us to analyse the financial value of ESG integration within your business context. We work with you every step of the way to transform plans into actionable initiatives. Our support extends to the implementation of sustainability and climate change strategies, ensuring tangible results and lasting impact.

Measurable Results

Our methodology allows for opportunity identification across any business and prioritises the delivery of tangible business benefits. We will analyse how your company can most effectively enhance its sustainability practices and develop a practical programme to execute the solutions.

Want to know more? Let’s talk.

Let us help you navigate the increasingly demanding ESG landscape.

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