Introduction to ISO 20400 and Sustainable Procurement

ISO 20400 is the international standard for sustainable procurement, providing organizations with guidelines to integrate sustainability principles into their purchasing processes. Sustainable procurement goes beyond traditional cost and quality considerations by addressing the social, environmental, and economic impacts of procurement decisions. This standard helps organizations align their procurement practices with broader sustainability goals, such as reducing environmental harm, promoting ethical labor practices, and supporting local economies. Applicable to organizations of all sizes and industries, ISO 20400 is a flexible, non-certifiable guideline that empowers businesses to adopt sustainable practices at their own pace. By implementing ISO 20400, organizations can enhance their reputation, comply with regulatory requirements, and contribute to global initiatives like the United Nations’ Sustainable Development Goals (SDGs).

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Timecodes
0:00 - Introduction
0:42 - Defining Sustainable Procurement
1:18 - A Comprehensive and Flexible Framework
2:06 - The Importance of Implementing ISO 20400
2:50 - Fundamental Principles
3:11 - Policy and Strategy Development
3:33 - Integrating Sustainability into Procurement Processes
4:04 - Measuring and Improving Performance
4:27 - Eencourages organizations to prioritize resources
4:56 - Sustainable Procurement as an Ongoing Journey
5:34 - Conclusion