What is Sustainable Acquisition? Learn everything related to this topic here!
- 1 What is sustainable acquisition?
- 2 Reasons for choosing Sustainable Acquisition
- 3 Importance of Green Consumerism
- 4 Benefits of Sustainable Acquisition
- 5 Sustainable Marketing strategies for Businesses
- 6 How to become a green consumer
- 7 Frequently Asked Questions (FAQs)
What is sustainable acquisition?
Within sustainable acquisition, we can refer to three things, green purchasing, green procurement, and green consumerism. When compared to competing products or services that fulfill the same function, Environmentally Preferable Purchasing (EPP) or Green Purchasing refers to the acquisition of items and services that have a smaller or reduced impact on human health and the environment. This comparison may take into account the procurement of raw materials, production, manufacturing, packing, distribution, reuse, operation, maintenance, and disposal of the product or service. Green procurement refers to the employment of environmentally responsible techniques that incorporate operations that satisfy the demands for resources, commodities, utilities, and services. Along with a commitment to social responsibility and good corporate citizenship, the method is one component of sustainable procurement.
Environmental purchasing is the incorporation of environmental considerations into purchasing choices for goods and/or services. It’s sometimes referred to as “green,” “sustainable,” or “environmentally desirable” shopping. The goal of taking environmental concerns into account is to purchase items or services that have a lower environmental and human health effect than otherwise equivalent products or services.
Many people used to think of purchasing as a corporate operation with simply bottom-line financial concerns. However, throughout the past two decades, purchasing professionals have tried to connect purchasing with environmental science and management (as well as other academic disciplines) by exploring (and applying) the effects of purchase on social, economic, and environmental processes and systems.
Purchasing professionals hope to demonstrate and apply the benefits of integrating social, ethical, and environmental indicators and criteria upstream (where purchasing decisions are made), which have several downstream impacts, by understanding and researching purchasing in this way (including better policy and technological enhancements as well as identifying pollution and waste prevention opportunities and discoveries). Green procurement considers the product lifespan and its environmental effect throughout manufacture, operation, maintenance, and disposal. Service providers are picked with ecological factors in mind, such as a commitment to using less hazardous or environmentally friendly goods and processes to supply their services, similar to product choices.
Green consumerism is defined as consumer demand for items and services that have undergone an eco-friendly manufacturing process or one that involves recycling and protecting the planet’s resources. Green consumerism, in other words, comprises the creation, promotion, and development of the usage or use of goods and services based on their pro-environmental benefits.
The framework for green consumption has been established by economic, social, and cultural factors. This is due to the fact that it is a modern-day societal attitude and movement aimed at encouraging people to be more conscious of companies’ manufacturing methods and to only buy or use items and services that do not hurt the environment. As a result, green consumerism has produced a balance between buyer behavior and business objectives, as it is primarily focused on customers’ sustainable and pro-environmental behavior.
Instead of inheriting financial and environmental risk from its suppliers, an organization may balance it through green buying. Organizations may also include their suppliers in the design process or create a network to pre-qualify suppliers that practice environmentally responsible management. Assessments and benchmarking can help a company get established. Risk management, eco-efficiency, improved supplier connections, and improvements in environmental performance are just a few of the advantages that green purchasing may provide.
Reasons for choosing Sustainable Acquisition
There are a number of compelling reasons to switch to green procurement. The following are some significant reasons for choosing sustainable acquisition.
- When considering the “life-cycle cost” of a product or service, the resource-efficient buying choice (energy, water, and resource-efficient products and services) is frequently the most financially efficient (money-saving) alternative.
- Unless the cost of a green product or service is not the most cost-effective for the municipality, it is frequently the most cost-effective for the community. This may be calculated by factoring in all ‘external expenses,’ such as the human and financial costs of acquiring raw materials, production, packaging, distribution, and disposal.
- Green buying aims to decrease resource use. This is a significant factor in a world with limited resources per inhabitant.
- International or national climate change action, such as a carbon tax, may impose regulatory penalties for wasteful resource usage. Switching to green procurement today will be a financial advantage to the municipality in the future.
- Since it involves the purchase of local items that do not incur large transport (fuel) costs, resource-efficient procurement frequently benefits local and smaller suppliers. Local suppliers can also be more readily checked for resource efficiency and human labor production practices. Local purchasing will result in considerable job development and an increase in local community well-being.
- Better purchase options can be discovered by revisiting current procurement practices. Motivating a supplier to adopt more resource-efficient techniques, for example, or encouraging council staff to begin thinking “green” in their own behavior.
- Insisting on green services and supplies is expected to promote competitiveness and foster innovation among providers, hastening the municipal area’s overall transition to a more sustainable corporate climate. Cities are increasingly using a “green” corporate environment as a marketing tactic.
Importance of Green Consumerism
Green consumerism is a comprehensive and responsible management strategy that meets, recognizes, fulfills, and anticipates the demands of stakeholders in sustaining the natural well-being of the environment while not endangering human health. The importance of green consumerism is as follows:
1. Reduced packaging waste
green consumerism promotes the use of less wasteful packaging. It has societal attitudes such as a preference for loose produce such as vegetables and fruits over pre-packaged foods.
2. Increased energy efficiency
green consumerism promotes energy efficiency, which saves money, lowers utility bills, reduces greenhouse gas emissions, and allows economies to meet rising energy demands.
3. Reduced emissions and other pollutants throughout manufacturing and transportation processes
strict emission requirements have been implemented as a result of green consumerism advocacy and initiatives, resulting in decreased emissions from engines and motors and the growth of clean-burning fuel sources.
4. Consumption of more nutritious foods
As a result of green consumerism advocacy, there has been a growing demand for more environmentally friendly food manufacturing. As a result, consumers are progressively building a culture of purchasing more organic and local food, which is presumably healthier since it is grown or produced without the use of artificial chemical fertilizers, antibiotics, hormones, or pesticides.
Aside from enhanced environmental performance, many “green” items function as well as or better than standard ones, and they can even save money. Switching to safer cleaning products, for example, can lower the number of allergic reactions, asthma attacks, burns, eye damage, severe organ damage, and cancer cases linked to the toxic chemicals included in many old cleaning products. Purchasing 100 percent recycled-content paper may save 44 percent of energy, 37 percent of greenhouse gas emissions, half of the solid waste emissions, half of water consumption, and almost eliminate the need for wood. Energy-efficient automobiles and renewable energy, on the other hand, reduce greenhouse gas emissions and dangerous air pollutants while reducing our reliance on imported oil(University of Louisville, 2021). Overall, implementing and integrating green buying principles is a system-wide process reform that contributes to a decrease in an organization’s environmental impact (cumulative associated ownership to global ecological damage stemming from a demand for the natural resources to sustain economic and social balance).
Benefits of Sustainable Acquisition
Following are the major benefits of sustainable acquisition:
- Sustainable acquisition enhances resource usage efficiency.
- Green acquisition can also enhance resource usage efficiency.
- Green procurement aids in establishing markets for emerging ecologically preferable goods
- Sustainable Acquisition is beneficial for the environment as it helps minimize pollution and other detrimental effects industries are known to have on the environment.
- It also encourages community leadership, participation, and awareness about sustainability.
- It urges businesses to embrace cleaner technology and manufacture goods with reduced environmental consequences by “closing the loop” on recycling and enhancing its viability.
Examples of green consumerism worldwide
The following are some of the examples of green consumerism that has been seen worldwide:
- Coffee lovers in Canada and the United States have expressed an interest in purchasing coffee prepared from beans that have satisfied organic production and shade growing requirements. This sort of bean includes Smithsonian Migratory Bird Center-approved Bird-Friendly seals.
- Instead of relying on the main power grid, governments, organizations, and homes build solar grids or wind turbines.
- Consumers who have switched to energy-saving compact fluorescent bulbs have eliminated the need for about 40 midsize coal-fired power units throughout the world.
- Consumers in Thailand used the information from the appliance-labeling scheme to encourage the use of energy-efficient single-door refrigerators. The rate of use increased from 12% in 1996 to 96% by 1998.
- Many beachgoers in more than 20 European countries have followed the ranks of the European Blue Flag movement, which has found 2,750 marinas and beaches to be ecologically friendly, with hygienic and safety amenities.
Sustainable Marketing strategies for Businesses
The following are some ways for gaining customer confidence in environmental conservation using sustainable acquisition.
Organizations must gain a competitive advantage by disclosing as much information about their sourcing and manufacturing processes as feasible. For example, sustainability trailblazers such as Patagonia have reported with openness through their “Footprint Chronicles.” As part of a green marketing plan, customers should have access to business practices as well as product and service data.
2. Environmental product declarations, eco-labels, and cause marketing
Use of Cause marketing, eco-labels, and environmental product declarations are common examples of third-party support today (EPDs). Promotional efforts or cause marketing, in which a company donates a part of a product’s sales to a good cause, may help a company stand out in a crowded market.
3. Producing long-lasting products with extended utility over their life cycle
Companies that have taken on the responsibility of minimizing their products’ life cycle impacts have seen tangible results, as green consumers always want a product that not only gives them good value for their money but also lasts for a long time. Toyota automobiles, for example, are said to last longer and break down less due to their lean production and Kaizen philosophy.
4. Emphasizing environmental solutions and advantages
Companies should work on implementing more pro-environmental advantages of products since purchasers desire knowledge about the personal benefits of the items given. For example, firms should consider if their goods save consumers money or if they appeal to style-conscious consumers. American Apparel, for example, has benefited by presenting itself as a firm that provides decent working conditions for its employees and uses organic cotton.
5. Taking Action
When companies develop a sense of sustainability and dedication, they are positively received by customers. Companies that advocate for environmental sustainability should have a clear vision of pro-green product and service offerings. Companies should be proactive in providing leadership statements assuring investors that environmental harm risks are reduced. To develop emotional ties with consumers, the company’s social responsibility strategy and principles must also be conveyed and advanced.
How to become a green consumer
Although the loss of green cover and its influence on natural ecosystems may look trivial now, people will realize how beneficial it would have been to safeguard the globe in many years to come. However, in order to avoid regrets decades down the road, we may start by becoming green consumers and preserving green cover and other natural resources. Anyone may become a green consumer in a variety of ways, including:
1. Saving energy utilization in your environment
While it may be difficult to undertake a door-to-door energy conservation campaign, there is still plenty that can be done on a personal level, such as conserving energy as much as possible at home and at work. This entails turning off lights and other power sources when they aren’t in use, both at work and at home. It is also possible to cultivate the habit of sitting in a single place every day rather than using multiple sources of power by functioning in various areas across a structure.
2. A shift in perspective
It is difficult to compel people to buy items or utilize services that avoid the depletion of natural resources and habitat loss or damage to the environment. As a result, everyone has to adopt a green attitude and become aware of the hazards of environmental deterioration by making it a regular green habit.
3. Solar products and renewable energy sources
Using solar items that rely on the sun’s energy rather than electricity is a significant approach to prevent environmental depletion. Solar heaters, solar lamps, solar backpacks, solar geysers, and solar ovens are among the goods available. Although some of these goods are more expensive than traditional ones, they are more environmentally friendly and last longer since they use natural energy. Other renewable energy sources, such as wind, should be used as well. Governments, energy production facilities, companies, manufacturers, and consumers should all work together to invest in renewable energy sources such as biofuels, biogas, solar, and wind power.
4. Checking energy labels on everyday utility products
One may become a green consumer by, for example, checking the energy labels on appliances before purchasing them. Products that utilize too much energy should be boycotted and replaced with less energy-consuming technology.
5. Recycling and utilizing eco-friendly items
You may simply become a green customer by recycling your products or using eco-friendly products. Instead of purchasing bottled water, consider investing in a water bottle that you can use to transport water at all times.
6. Purchase locally produced and organic foods
Purchasing locally grown and organic foods helps to reduce the impacts of carbon emissions during transportation as well as the impact of artificial pesticide or fertilizer usage on the environment.
Frequently Asked Questions (FAQs)
Can procurement be made more sustainable?
Compliance with environmental regulations and standards, the elimination of hazardous chemicals and waste in the supply chain, and careful vetting of suppliers for fair labor practices are all examples of typical sustainable procurement practices.
What are the definitions of sustainable buying practices?
Sustainable procurement entails ensuring that the items and services we purchase are as environmentally friendly and socially beneficial as feasible.
What are some sustainable products?
1. Recycled Ocean Plastic Eyewear
2. Side Bag Made from Recycled Plastic Drink Bottles
3. Repurposed Billboard Vinyl Wallet
4. Recycled Plastic Backpack
5. Eco-Friendly Phone Cases
6. Recycled Plastic Belts
Hello everybody I am Sara Sahai Marwah, and I am a content writer. I write articles about sustainability and how to achieve it for Bleed Green. I am a second-year at Symbiosis School for Liberal Arts. I am currently majoring in International Relations with a double minor in psychology and media studies.