Social Procurement
What is Social Procurement? Social procurement is the strategic use of a buyer’s purchasing power to achieve positive social outcomes, enhancing procurement results while fostering supplier and workforce diversity. What is a Social Benefit (or Social Value)? Social benefits from procurement refer to the positive impacts on individuals, places, or communities generated through procurement practices. […]
Modern Slavery Risk Management
Overview Australia, a nation with relatively high levels of wealth and resources, has shown the strongest government response to modern slavery in the Asia Pacific region and ranks second globally. This robust response is attributed to effective criminal justice mechanisms and efforts to address underlying risk factors. Since the 2018 Global Slavery Index, Australia has […]
Sustainibility
New Environmentally Sustainable Procurement Policy Launched by the Australian Government Last week, the Australian Government introduced a groundbreaking Environmentally Sustainable Procurement Policy designed to mitigate the environmental impact of government procurements. This initiative follows the Circular Economy Ministerial Advisory Group’s (CEMAG) Interim Report, also released last week. The policy aims to leverage government purchasing power […]
