We Buy Better
Next up: A new award coming soon…
The supply chain is half the problem
Yes, a recent study found 49% of the environmental damage that companies made came from impacts hidden within the company’s supply chain. There are also social issues that lurk in a supply chain too – such as debt bondage, child labour and unsafe conditions for workers.
A business can’t vouch for these suppliers directly, so the suppliers will need to account for their own impacts. A simple way to control supply chain risks is to ensure the products or suppliers have the appropriate certifications.
What does this award show?
This award shows that the business’s supply chain guards against negative impacts – or makes a positive impact. It shows that the business:
- Buys fairer: Caring for people
- Buys greener: Caring for the environment
- Buys low carbon: Caring for the climate
The We Buy Better award is the only Future Friendly award that deals with the impacts in the supply chain. But when a business sells products to the customer, they are assessed under different Future Friendly Awards.
The We Buy Better Award covers all purchases except water and energy suppliers.
Under this award, a business is rewarded for the following:
- Certifications of their suppliers
- Adopting a sustainable procurement policy
- Staff training
- Influencing key suppliers to be more future friendly
“Every purchase – every product or service bought – has some impact on the environment, the economy, and on people.”
David McCombs. Supply chain executive
I'm a business. How do I win this award?
Check out smart businesses that are tackling their supply chain issues by visiting our guide and map. Or if you are a business, get listed today.