Some companies struggle to understand that sustainable procurement is not just about legal compliance. Procurement can play a key role in linking ESG efforts to business strategic goals, reducing operational risks and making sustainable procurement the path toward ESG progress. -BY Donna Benjamin

The principle of sustainable procurement has been discussed for years, and some businesses have established best practices. Like most new principles, ESG (environmental, social, governance) has been slow to mature and slow to be adopted by companies and many governments. Some reasons include a need for a standardized assessment and reporting framework, the challenge of ach....