The first international standard for sustainable procurement has been finalized to help organizations develop and implement sustainable purchasing practices and policies. Sustainable procurement implies that suppliers have the same ethical practices as the procuring company—dealing with ethical issues ranging from working conditions and risk management all the way through to environmental practices. In this way, procurement companies will be able to ensure that the supply companies they deal with are adhering to practices that fit in line with their own ethical guidelines.

The International Organization for Standardization (ISO) published ISO 20400:2017(en) Sustainable procurement—Guidance delineates concepts and principles of sustainable procurement, opportunities for integrating sustainability into an organization, and guidelines for setting sustainable procurement priorities.

The standard seeks to ensure that every step along the supply chain is adhering to a sustainable approach to business.