Ethical procurement and supply chains can have an immensely positive impact on small businesses, communities and the planet.
Most recently as we face climate change and the socio-economic impact of Covid-19, public focus has increased on the need for sustainable development and social value through sourcing.
As consumers we may have applied our own personal ‘procurement policies’, buying goods from local SMEs, organic or sustainable products, choosing companies who care for their workers paying them a fair wage. Consumers are assessing whether they believe an organisation shares their values and are actively striving to be sustainable, ethical, and make a positive impact in communities.
The United Nations and our government have goals for Sustainable Development and Social Value, which aim to help businesses adopt best practices. These promote for example: the greater use of start-ups and SMEs, creating new jobs and skills, particularly for under-represented groups and helping local communities recover from Covid-19.
Its important that we all seek to embrace these goals and actively strive to make a positive impact in the communities around them, but it can be difficult to understand where to begin or even measure progress. To help organisations identify how they can deliver and track sustainable development and social value, we've created experiential learning and training built around best practice examples.
As an SME, I know how difficult it can be to grow a business. However, I've worked hard to incorporate sustainable development and social value at its core, and will continue to do so.
It would be great if larger organisations out there, can find opportunities to use more start-ups and SMEs in their supply chain. I'm confident that my small business, and lots of others out there, can make a positive impact.
If you would like to learn more about our 'Sourcing Sustainable Social Value' learning, please contact us directly.