Sustainable Procurement. Delivered.

Equipoise is a technology-enabled consultancy on a mission to rebalance our planet and society. Through Sustainable Procurement, we help organisations increase brand value, mitigate reputational costs, and optimise costs.

Equipoise’s technology-enabled services include emissions measurement, decarbonisation, reporting & disclosure, digitalisation, capability development, and supplier engagement. We support organisations of all sizes, sectors, and geographies in implementing sustainable procurement practices.

Given the need to consider a range of environmental, social, and governance criteria for sustainable procurement, technology can streamline supplier data collection, automate supplier management tasks, and enable data-driven sustainable procurement decisions.

Sustainable Procurement involves incorporating environmental and social considerations into purchasing decisions that have traditionally been made based on cost and quality. Leading organisations understand that procurement is not just about managing costs; it’s about creating value. Sustainability is a huge driver of value creation, and therefore, a sustainable supply chain is critical for driving business growth.

With scope 3 emissions accounting for 90% of an organisation’s greenhouse gas emissions, supplier engagement will be pivotal as companies will need to collaborate with their suppliers to identify, prioritise and implement emission reduction initiatives.

The Sustainable Procurement Pledge is an international non-profit organisation that aims to embed sustainable procurement practices in all global supply chains by 2030. To do so, it is raising awareness and sharing knowledge on responsible sourcing practices. Equipoise is a proactive member of the SPP and has contributed insights to several of their events.

A majority of most organisation's sustainability impact sits in the supply chain. Therefore, it is essential to have consultants who are experienced in procurement to work with your sourcing team to incorporate environmental, social, and governance criteria into purchasing and work with your suppliers to ensure that they are aligned with your sustainability strategy.

ISO 20400 is a standard that provides guidance to organisations on how to integrate sustainability within procurement. It is relevant for organisations of any size, sector, industry, or geography aiming to implement responsible sourcing practices.

When deciding which supplier engagement initiatives to implement, organisations should inform their decisions with a double materiality assessment. This will enable them to implement initiatives that have the greatest positive impact on their stakeholders.

Through sustainable procurement, organisations can ensure in supplier contracts and sourcing processes that the goods and services in their supply chain meet the environmental, social and governance criteria needed to reach the organisation’s sustainability targets.