Incentivize Suppliers to Advance Sustainable Procurement Goals
Here are some key findings from the report:
- According to 2023 Gartner/SPP Sustainable Procurement Pulse Survey, pressure to deliver on sustainable procurement goals has increased or significantly increased for 83% of organizations.
- Only 16% of orgnaizations are actively reducing Scope 3 greenhouse gas (GHG) emissions, and another 27% state that conflicting priorities hinder suppliers from prioritizing efforts to reduce their emissions.
- Organizations leading in sustainable procurement are more likely to incentivize suppliers to support sustainable procurement goals, outpacing followers in usage of structural, financial, partnership and recognition incentives.
Understand the critical steps to deliver on sustainability goals that CPOs must assess so that supplier incentives can be used to mobilize their supply base.
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Gartner, 3 Steps for Effective Supplier Engagement in Sustainability, Miguel Cossio, 16 August 2022. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.