New ISO 20400 Standard for Procurement Processes

A new standard published in April 2017, ISO 20400, Sustainable Procurement-Guidance, will help organizations integrate sustainability into their procurement processes. The standard, intended for stakeholders involved in or impacted by procurement processes and decisions, will be released after a nearly four-year development process with 37 countries participating through voting and/or comment. Procurement plays a large role in any organization, large or small.

Who an organization buys from has just as big an impact on its performance as what it buys. Ensuring suppliers have sound and ethical practices – across everything from working conditions and risk management to their environmental impact – has the potential to not only make businesses work better, but to improve the lives of everyone in the communities where they are situated. ISO 20400 provides guidelines for integrating sustainability into an organization’s procurement policy strategy and process, defining the principles of sustainable procurement such as accountability, transparency, respect for human rights and ethical behavior.

The ISO 20400 standard can be purchased from your national ISO member or through the ISO Store.

 

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