This document captures best practices regarding sustainable supply-chain and procurement activities amongst our Members.
To make and sell products and services, organizations need affordable, reliable supplies of energy and natural resources, as well as permission from consumers, investors, and regulators to do business. These enabling factors can no longer be taken for granted and organizations need to adopt the circular economy model that supports the continuous reuse of materials.
Many PSMs have implemented circular economy initiatives, e.g., repairing equipment above replacement, using energy efficient technologies as well as initiatives for economic, social and ecological sustainable procurement of services and supplies.
This report highlights such best practices and briefly explains the circular economy concept.
Keywords: Broadcast, Sustainability, Green, Supply chain, Procurement, Circular Economy, Ecological, Environment, Energy conservation, Energy self-sufficient, Carbon-footprint.