One of the hot topics in procurement is the idea of sustainability. Even though a for-profit firm’s main goal is to maximize shareholders wealth, the firm should also consider social and environmental objectives. In the past, many firms have run afoul of these ideas and have gained bad publicity for not meeting social and environmental objectives.
Discuss
For this discussion, research some of these issues. First, provide an overview of sustainable procurement and why it is important. Then research a firm that has run afoul of sustainable procurement and provide a detailed account of the issues and impact that this had on the firm.
Engage and express critical thinking through your responses to promote an interactive learning experience. The minimum and maximum word limits for the initial post are 250 and 500 words, respectively.
