What is a Green Procurement Strategy?
A green procurement strategy is a comprehensive plan for organizations to procure sustainable and environmentally friendly products and services. It outlines the goals and objectives of the organization, the measures and KPIs to track progress, and the projects and actions to be taken to ensure the goals are met. This strategy helps organizations to identify and reduce potential environmental impacts of their operations, as well as contribute to sustainable development.
What's included in this Green Procurement Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Green Procurement Strategy template for?
This template is designed to support organizations that want to develop a green procurement strategy. It enables organizations to define their focus areas, set objectives and KPIs, and identify projects to achieve their targets. This template will assist organizations in creating a comprehensive and well-structured plan for their green procurement strategy.
1. Define clear examples of your focus areas
A focus area is an area of an organization's operations that will be addressed in the green procurement strategy. Examples of focus areas may include green procurement, sustainable services, and reuse and recycling of products. Each focus area should have its own set of objectives, measures, and projects.
2. Think about the objectives that could fall under that focus area
Objectives are the goals that the organization wants to achieve within each focus area. They should be specific, measurable, achievable, relevant, and time-bound (SMART). Examples of some objectives for the focus area of Green Procurement could be: Increase sustainability of supply chain, and Reduce environmental impact of products.
3. Set measurable targets (KPIs) to tackle the objective
A key performance indicator (KPI) is a measurable value that tracks progress towards the objective. It should be quantifiable and have an initial and target value. For example, a KPI for reducing the environmental impact of products could be to decrease non-sustainable products in supply chain by 20%.
4. Implement related projects to achieve the KPIs
Projects are the steps that the organization must take to achieve its KPIs. Projects should be specific and realistic, and should be broken down into smaller actions or milestones. An example of a project related to Green Procurement could be: Source suppliers and products which meet environmental standards.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is a strategy execution platform that helps organizations to develop, plan, and track their strategies. With Cascade, organizations can easily monitor progress towards their KPIs, see real-time results, and adjust their strategies accordingly to ensure the objectives are met. Cascade helps organizations to achieve their goals faster and more efficiently.