Top Five Stories in Procurement: Renault, Coupa, Sailpoint

Renault Group: Strategic Green Supplier Partnerships

From selecting ESG-leading suppliers to sourcing raw materials and designing vehicles, Renault Group’s suppliers contribute to its environmental performance.

In 2024, raw material supplies and components accounted for an average of 17% of the carbon footprint of Renault Group vehicles sold.

Commitment of procurement teams and suppliers is key to reducing greenhouse gas emissions and ensuring sustainable value creation.

When it comes to Renault’s futuREady strategic plan, operational excellence goes hand in hand with environmental excellence. The group has reaffirmed its ambitions to reach net-zero carbon emissions in Europe by 2040 and worldwide by 2050. 

“Our responsible purchasing policy is a key lever for creating sustainable value for Renault Group, and it cannot contribute to reducing our carbon footprint without the commitment of our suppliers,” says Anthony Plouvier, Chief Procurement Officer at Renault Group.

SailPoint: New AI Security Platform Secures Procurement Risk

SailPoint has launched Agentic Fabric, a platform designed to give enterprises visibility and control over AI agents and other non-human identities accessing critical systems and data. The announcement comes as businesses accelerate AI deployment across cloud environments and face growing uncertainty about what those agents can access and who is accountable for them.

For procurement teams, the implications are direct. AI agents are increasingly being used to automate purchasing workflows, interact with supplier systems and process contract data. Without clear governance over what those agents can do and what data they can access, organisations face compliance exposure and potential supply chain risk.

Coupa Acquires Rossum for Autonomous Spend Management

Coupa, the leading platform for autonomous spend management, has announced its acquisition of Rossum, the AI-first market leader in intelligent document processing (IDP).

The acquisition – announced at Coupa Inspire 2026 – builds on a partnership that automates complex invoicing for accounts payable (AP) teams to extend IDP capabilities across the entire Coupa portfolio, enabling autonomous spend management with agentic AI. 

Customers already gain significant value from Rossum’s embedded capabilities in the Coupa platform for AP.

Now, they are being given the opportunity to leverage Rossum’s IDP technology, powered by a specialised transactional large language model (T-LLM) for faster processing, meaningful cost savings and greater data control in complex invoicing across direct and indirect spend. 

"Rossum changes the game entirely," says Leagh Turner, CEO at Coupa. "As a strong partner since 2024, we know there is incredible value in bringing the two companies together across the entire source-to-pay function.

ProcurePro Secures $11M for its Construction Procurement AI

ProcurePro – the first end-to-end construction procurement platform – has secured US$11m in funding, taking the company's value to more than US$80m. 

The funding round was led by QIC Ventures, one of Australia’s largest sovereign wealth funds, joining the existing investors – Airtree, Glitch Capital, and Bouygues.

Construction: A US$13trn global industry and one of the least profitable

Despite being a US$13tn global industry, construction remains one of the least profitable, operating a slim margin of just 1 to 4%. 

In Australia alone, the headquarters of ProcurePro, the construction sector accounts for approximately 7% of GDP, contributing more than AU$175bn in gross value added annually and employs approximately 1.3 million people (2023-24, Australian Bureau of Statistics), making it one of the nation's largest industries by output.

IISD: Gov Data is Key for EU Sustainable Procurement Success

Despite public procurement being a powerful policy lever for governments in Europe – particularly when it comes to their transitions to a low-carbon economy – the International Institute for Sustainable Development (IISD) identifies the data gap limiting governments from truly knowing whether green procurement is reducing emissions. 

“The political ambition is real: the Paris Agreement, the European Green Deal, the Clean Vehicles Directive, the Energy Performance of Buildings Directive, and many others place explicit expectations on public buyers to procure greener goods and services,” says the IISD. 

In September 2024, the European Commission launched the Public Procurement Data Space (PPDS). This platform brings together procurement data from Tenders Electronic Daily (TED), the official online platform for all EU procurement notices and national systems into a single analytical environment. 

Using data already flowing through the PPDS, the IISD tested whether the gap between green ambition and action can be closed without creating new reporting burdens.