5.16 Create a Supplier Standards of Practice
The organization collaborates with suppliers, authors, clients, and other partners on initiatives that are both mutually beneficial and create positive social and environmental outcomes.
Criteria
- Vetting Potential Partners: The organization has created specific policies to vet potential partners in its supply chain based on PPP principles.
- Collaborative Measurement: The organization has partnered with suppliers to create, track, and measure collective impact on issues that impact their stakeholders.
- Informative Partner Promotion: The organization has promoted its partnerships in a publicly available place, along with information on how the partnership creates a collective impact.
Impact
High
Effort
High
Benefits
- Environmental:
Vetting suppliers and partners can help an organization define, track, and reduce its Scope 3 emissions. - Operations:
This can increase diversity within the technology sector. - Economic:
This will also help an organization better align its business ecosystem with its mission, vision, and values; whilst improving its relationship with stakeholders.
GRI
- materials: High
- energy: High
- water: High
- emissions: High
Example
- How one business goes through a project selection process.
Resources
- Client, Partner, and Supplier Screening Tools for Positive Impact Supply Chains
- [GPFEDS] 2.8 – Specifications (Suppliers Strategy) (PDF)
- How to vet suppliers
- Stakeholder Mapping: A Guide for Purpose-Driven Organizations
- Stakeholder Mapping: The Complete Guide to Stakeholder Maps
- Sustainability Methods
- Sustainable Marketing: Key Principles and How to Leverage It
- United Nations [SDGS] Goal 1 (Poverty)
- United Nations [SDGS] Goal 4 (Education)
- United Nations [SDGS] Goal 5 (Gender Equality)
- United Nations [SDGS] Goal 8 (Economics & Work)
- United Nations [SDGS] Goal 12 (Consumption & Production)
- United Nations [SDGS] Goal 13 (Climate Change)
- Your Supply Chain Needs a Sustainability Strategy