Sustainable vendor preferential purchasing programs allow businesses to leverage their supply chains to benefit the environment. Whenever possible, businesses that employ preferential purchasing programs choose suppliers whose business practices and products do not harm the environment. For example, a restaurant with a preferential purchasing program might only buy takeout packaging that is biodegradable.
A sustainable vendor preferential purchasing system is a powerful way for a business to minimize environmental impacts by using its purchasing power to create markets for sustainable products and services.
Challenge Participants Currently Adopting This Practice
Financing Options, Incentives, And Rebates
- Environmentally Preferable Products (EPP) Procurement Program
- Boston University’s Sustainable Purchasing Program
In The News
- “5 Simple Ways to Create a Green Procurement Program” Greenbiz.com, November 2010