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Ethical Sourcing and Procurement

Ethical Sourcing and Procurement is the process of acquiring goods or services in a manner that respects human rights, ensures fair trade and environmental sustainability. It requires due diligence, transparency and accountability, ensuring suppliers meet established ethical standards throughout the procurement process.

Level 1: Emerging

At an emerging level you are beginning to comprehend and apply ethical sourcing and procurement practices, demonstrating basic knowledge in supplier selection and fair negotiation within a procurement setting.

Level 2: Proficient

At a proficient level, you are able to analyze suppliers' ethical practices, ensure compliance with regulations, and implement sustainable sourcing strategies within the procurement process effectively.

Level 3: Advanced

At an advanced level, you are able to consistently apply ethical sourcing and procurement practices, ensuring compliance with all regulations and industry standards while promoting transparency and sustainability in procurement processes.

Where is this capability used?