Why Do Responsible Purchases Sustain Businesses?
Finance

Françoise Odolant

Delegate for the Promotion of Responsible PurchasingCNA Conseil National des Achats

Why Do Responsible Purchases Sustain Businesses?

9:48·23 January 2024

This article was automatically translated from its original Français version. Read the original

Françoise Odolant is an expert in responsible purchasing and has proven that it is integral to a company's well-being.

Transcript

Audio in Français — text automatically translated·AI-generated transcript

What does responsible purchasing mean and why is it so important? Françoise Odolant has made it her specialty and even in retirement, she continues to share her expertise.

According to the definition provided by the AFNOR group, responsible purchasing refers to the acquisition of goods or services from a supplier or service provider selected to minimize environmental and societal impacts, and to promote good practices in terms of ethics and human rights.

By adopting ethical practices throughout the supply chain, companies reduce risks associated with inappropriate working conditions or harmful environmental practices, which, beyond regulatory risks and negative impacts, could severely damage their reputation.

Responsible purchasing is therefore not just a moral imperative, but also a wise strategy to ensure the sustainability of the business.
Companies that adopt a responsible approach position themselves favorably in an ever-evolving economic landscape, thus demonstrating their commitment.

Juliette Boulegon
impact.info journalist
Published on 23 January 2024