“First global standard for sustainable procurement hits the market” – GreenBiz – May 1, 2017

On May 1, 2017 GreenBiz reported that the International Standards Organization (ISO) has launched ISO 20400, the first international standard for sustainable procurement.

According to the article, ISO 20400 is the first standard of its kind in the world.  It “aims to help companies make better purchasing choices throughout their supply chains by establishing guidelines for companies to judge suppliers on ethical and sustainability issues.

Jacques Schramm, chair of ISO/PC 277, the committee which developed the standard, said it would help organizations avoid the financial, environmental and reputational risks associated with poor supply chain management.”

You may read the article on the GreenBiz internet site.