Tool 8 – Metrics
To demonstrate value and ensure continuing commitment it is essential to quantify the benefits of SP practices.
Step Guide
STEP
1
Specify in contracts for vendors to provide an analysis of potential energy savings and emissions and waste reductions
STEP
2
Track the number of suppliers that are able to demonstrate compliance with social and environmental requirements
STEP
3
Utilise information from labelling programmes on the environmental and social benefits associated with labelled products
Metrics
- Management metrics enable organisations to track changes in its purchasing activities that will result in long-term integration of environmental, social and broader cost considerations into procurement activities
- Results metrics enable the organisation to track environmental and social impact reductions or benefits associated with procurement activities. Example metrics (p34) that can be considered.