This paper attempts to contribute in the field of Sustainable Procurement by exploring exemplary practices in Supplier Management and increasing role of stakeholders to drive Sustainability in Procurement. The paper aims at understanding the integration of sustainability in procurement strategy adopted by Covestro and practices followed to drive Sustainability in Supplier Management. It highlights notable trends and brings recommendations which are inspired by research and Covestro’s procurement case study. These can be leveraged across any procurement function for embedding sustainability in the procurement process.
For this paper, a review of grey literature and academic work was conducted. The author also interacted with Covestro Procurement team for the purpose of the case study. Special thanks to Rocío de la Cruz García and other category teams from Covestro for sharing their insights on the topic of Sustainable Procurement.
(Picture by Vadym Lebedych, Unplash)