Sustainability in procurement
Procurement is critical to achieving the global Sustainable Development Goals (SDGs):
Procurement provides important impetus on the market to encourage sustainable production, mindful consumption and responsible supply chains.
Procurement obliges its suppliers to comply with human rights and also to follow them throughout the entire supply chain (implementation of the requirements of the “Supply Chain Due Diligence Act” from 1 January 2023).
Procurement requires invitations to tender to present and use technologies and concepts that are as future-proof as possible.
Procurement is committed to eliminating inequalities when using suppliers and service providers.
Procurement makes a significant contribution to sustainable banking operations with many commitments (e.g. green electricity, switching to electric cars, organic products).
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