ISO 20400 is an international standard that provides guidelines on sustainable procurement. The standard can be used by an organizations that intend to improve their social, economic, and environmental sustainability.
The standard’s main guidelines include key sustainability considerations, integrating sustainability into the organization’s procurement policy and strategy, managing risks and opportunities, planning and integrating sustainability into the procurement processes, and measuring and improving the sustainable procurement performance. Throughout all these instances, the engagement of stakeholders is just as important in order for the sustainable procurement initiatives to be successful. Therefore, considerable attention is given to the engagement of stakeholders throughout the supply chain.