Ethical Sourcing and Fair Trade Practices
Ethical Sourcing and Fair Trade Practices is the procurement process conscientiously considering suppliers' ethical attributes, such as labour rights and environmental impact, while ensuring fair trade practices. It concentrates on sourcing goods and services that respect international standards and have a positive social and economic impact.
Level 1: Emerging
At an emerging level, you are beginning to understand ethical sourcing and fair trade in procurement, able to identify such opportunities and demonstrate awareness in making procurement decisions.
Level 2: Proficient
At a proficient level you are able to consistently apply ethical sourcing principles, ensuring compliance with fair trade practices in procurement activities to promote sustainability, transparency, and social responsibility within the organization.
Level 3: Advanced
At an advanced level, you are able to strategically implement ethical sourcing and fair trade practices in procurement processes, ensuring social responsibility, sustainability, and transparency throughout the supply chain.
