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90% of Buyers Consider Sustainable Procurement “Important” or “Critical”

September 03, 2009 | No Comments →

Think sustainable sourcing is nothing more than a passing fad, a trend that will wither away during the recession?

Think again.

According to new research by HEC Paris and sustainable procurement experts EcoVadis, 90% of buyers now consider sustainable procurement “important” or “critical.”

What’s more, over 80% of procurement directors who participated in the survey said they invested in sustainable purchasing initiatives in 2008 –and 35% report that they intend to increase spending in this area, despite the budget cuts that are affecting most companies these days.
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