Increasingly, companies are required to eliminate or mitigate social or environmental risks in their supply chain. But what if you could use your company’s purchasing power to go one step further and create positive impact? Social procurement does exactly that: It's about buying goods and services from social businesses that put impact first, both for your company and the communities around it.
Value-chain partnerships with social businesses can create income opportunities, solve critical environmental issues or offer education for disadvantaged groups – in addition to procuring a product or service for your company at competitive rates.
And it has shown to pay off: Partnerships with social businesses can boost brand reputation, build inroads into new markets, engage employees, create consumer insights, and spark innovation across the entire value chain. Learn more about our research and read inspiring case studies:
Social procurement offers both financial and non-financial benefits. Our 5S Framework is based on our research and helps you to maximize those benefits by aligning your strategy with five key focus areas:
We help you optimize these five areas through a continuous improvement process. With every engagement, your company will scale its impact and benefits from social procurement.