Monday, 12 May 2014

What are the Advantages of Green Procurement?

There are tangible benefits to be found for companies that are focusing on green procurement. The benefits include:
  • Reduced expenses relating to waste management fees, reporting and reduced hazardous material management costs.
  • Improving the image of the brand.
  • Cleaner air and water increased the health of the employees, community and the environment.
  • The shareholder value is increased.
  • Showing compliance with the environmental regulations.
  • Reduced risk of accidents and injuries.
These are excellent benefits that can be taken advantage of throughout all industries by those seeking green procurement solutions. By strategically sourcing suppliers, creating new greener technologies within the company and industry and improving waste management systems the company will experience an improved greener image, strengthening the reputation among the investors, clients, employees and the stakeholders.

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