What is Green Procurement?

Green procurement refers to the purchase of goods and services that cause minimal adverse environmental impact. The demand for recyclable products, energy-efficient systems, and clean technology and fuels, is driving the adoption of ecologically responsible business practices. In green procurement, an enterprise is concerned more about the environmental impact of its purchasing decision than the cost of goods and services.

Green procurement considers a product’s environmental impact throughout its life cycle.

Considered a component of sustainable procurement, green procurement also aligns with an enterprise’s corporate social responsibilities. Read more to learn about GEP’s procurement software and procurement outsourcing services.


Related Terms

What is Global Sourcing?What is Governance?