Top 10: Sustainable Procurement Companies

Procurement Magazine takes a look at ten of the leading firms helping lead and inform sustainable procurement strategy

Sustainable Business Consulting

Website: http://www.sustainablebizconsulting.com/

LinkedIn: https://www.linkedin.com/company/sustainable-business-consulting-llc/about/

Location: Seattle, USA

Founded: 2004

Sustainable Business Consulting creates solutions that address the world’s most pressing social and environmental issues by transforming the way businesses operate. It accomplishes this through customised consulting services, which help companies baseline their ESG initiatives, develop their goals, KPIs, and strategies for implementation, and uncover effective ways to communicate their sustainability efforts – both internally and externally.

Trucost 

Website: http://www.trucost.com/

LinkedIn: https://www.linkedin.com/company/trucost/about/

Location: London, UK

Founded: 2000

Trucost, a division of S&P Global, provides environmental data and analytics to help companies measure and manage their environmental impacts, including those related to procurement.  A leader in carbon and environmental data and risk analysis, Trucost assesses risks relating to climate change, natural resource constraints, and broader environmental, social, and governance factors. Companies and financial institutions use Trucost intelligence to understand their ESG exposure to these factors, inform resilience and identify transformative solutions for a more sustainable global economy.

Trucost Logo

Inverto

Website: https://www.inverto.com/ 

LinkedIn:  https://www.linkedin.com/company/inverto-gmbh/about/

Location: Cologne, NRW

Founded: 2000

Inverto is a global procurement and supply chain management consultancy firm that helps businesses optimise their procurement practices to achieve cost savings and improve operational efficiency. 

Its services include strategic sourcing, category management, supplier management, procurement process optimisation, and digital procurement transformation. It works with clients across industries such as automotive, energy, healthcare, retail, and telecommunications.

Inverto Logo

BSR (Business for Social Responsibility)

Website: http://bsr.org/

LinkedIn: https://www.linkedin.com/company/bsr/about/

Location: San Francisco, USA

Founded: 1992

BSR is a sustainable business network and consultancy focused on creating a world in which all people can thrive on a healthy planet. With offices in Asia, Europe, and North America, BSR provides its 300+ member companies with insight, advice, and collaborative initiatives to help them see a changing world more clearly, create long-term value, and scale impact.

BSR (Business for Social Responsibility) Logo

ERM

Website: http://www.erm.com/

LinkedIn:  https://www.linkedin.com/company/erm/

Location: London, UK

Founded: 1987

ERM partners with the world’s leading organisations, creating innovative solutions to sustainability challenges and unlocking commercial opportunities that meet the needs of today while preserving opportunity for future generations.  ERM’s diverse team of 8,000+ world-class experts in over 150 offices in 40 countries and territories combine strategic transformation and technical delivery to help clients operationalize sustainability at pace and scale. ERM calls this capability its “boots to boardroom” approach - a comprehensive service model that helps organisations to accelerate the integration of sustainability into their strategy and operations.

ERM Logo

EcoVadis 

Website: http://www.ecovadis.com/

LinkedIn: https://www.linkedin.com/company/ecovadis/about/

Location: Paris, France

Founded: 2007

EcoVadis is a sustainability ratings platform that provides businesses with assessments of their suppliers' environmental and social performance, helping them make more sustainable procurement decisions. Its actionable scorecards, benchmarks, carbon action tools, and insights guide an improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries. Industry leaders such as Johnson & Johnson, L’Oréal, Unilever, LVMH, Bridgestone, BASF and JPMorgan are among the 100,000 businesses that collaborate with EcoVadis to drive resilience, sustainable growth and positive impact worldwide.

Ecovadis logo

Bain & Company

Website: http://www.bain.com/

LinkedIn: https://www.linkedin.com/company/bain-and-company/about/ 

Location: Boston, USA

Founded: 1973

Bain & Company offers sustainability consulting services to help clients address environmental and social challenges while driving business growth and innovation. Bain & Company helps organisations develop sourcing strategies for a sustainable future. Operating across 61 offices in 38 countries, it has completed roughly 1,000 procurement projects, reducing purchasing costs by an average of between 8-12%. “Incorporate sustainability into your core strategy so it’s future-proof and makes the most of the many opportunities that sustainability presents,” is its advice.

Bain & Company Logo

Boston Consulting Group (BCG)

Website: http://www.bcg.com/

LinkedIn: https://www.linkedin.com/company/boston-consulting-group/about/

Location: Boston, USA

Founded: 1963

BCG is a prominent management consulting firm that provides sustainability consulting services to help companies integrate environmental, social, and governance (ESG) factors into their strategies.  BCG was a pioneer in business strategy when it was founded in 1963 and today it works closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organisations to grow, build sustainable competitive advantage, and drive positive societal impact.

 

Boston Consulting Group (BCG) Logo

Deloitte

Website: http://www.deloitte.com/

LinkedIn: https://www.linkedin.com/company/deloitte/about/

Location: London

Founded: 1845

Business consultants Deloitte operate in 102 cities globally and consults nearly 90% of the world’s Fortune 500 companies. By 2025, it is aiming to ensure that suppliers are outperforming ethical standards of compliance. “To create a more sustainable supply chain, procurement teams should define what risks and opportunities for cost savings and innovation exist for their business through them,” it advises. “And embrace more-sustainable procurement practices.”

Deloitte Logo

McKinsey & Company 

Website: http://www.mckinsey.com

LinkedIn: https://www.linkedin.com/company/mckinsey/about/

Location: New York, USA

Founded: 1926

McKinsey & Company is a global management consulting firm known for its expertise in strategy, operations, and sustainability advisory services. It works with leading organisations across the private, public and social sectors. It believes its scale, scope, and knowledge allow it to address problems that no one else can. It has deep functional and industry expertise as well as breadth of geographical reach. The company is passionate about taking on immense challenges that matter to its clients and to the world.

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