Sustainable Procurement: An Introduction to ISO 20400

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Sustainable Procurement: An Introduction to ISO 20400

Reviewed

March, 2024

Ross Maynard

Learning Objectives

To define sustainable procurement and describe its benefits.
To analyze the purpose and main elements of ISO 20400.
To conduct a review of their organization’s current procurement policies and supply chain.
To identify how sustainability practices could be integrated into their procurement process.
To identify their organization’s priorities for action in sustainable procurement.
To select appropriate performance measures to help manage their sustainable procurement efforts.
To discuss the options to verify the sustainability of their supply chain.

Course Description

Many organizations are looking to reduce their climate, social and environmental impacts and are focussing on making their operations more sustainable, ethical, and environmentally responsible.

A sustainable approach to procurement is one aspect of that journey and this CPD webinar covers the issues in sustainable procurement along with an overview of ISO 20400 the international standard which provides guidelines for the organization’s wishing to implement sustainable procurement practices.

Sustainable procurement is the application of social and environmental responsibility to procurement policies, processes, and practices, and ISO 20400 is the international standard that sets out best practices for sustainable procurement.

In this CPE course speaker, Ross Maynard provides an overview of the issues involved in implementing a policy sustainable procurement and highlights how ISO 20400 supports this. The topics covered include:

What sustainable procurement is, and its benefits.
The drivers for changing to a sustainable approach to procurement.
How ISO 20400 fits into the framework of international standards aimed at supporting businesses moving to ethical and environmentally responsible practices.
The seven core subject areas in ISO 20400.
The Five-Stage sustainable procurement model.
Reviewing the organization’s current situation in terms of procurement.
Performance measures for sustainable procurement.
Cost analysis when comparing suppliers and sources of supply.
Verifying sustainability in the supply chain.

Overview

What is Sustainable procurement?

5 mins
Introducing ISO 20400

10 mins
Sustainable procurement policy

22 mins
Common sustainable procurement risk areas

36 mins
Integrating sustainablity requirements into specifications

51 mins
Reqarding good practice

70 mins

Webinar Qualifies For

2 CPE Credit of Business Mgmnt and Org for Certified Public Accountants (CPA-US)
2 General Credit of Business Mgmnt and Org for Accountant/Bookkeeper/Tax Professionals
2 CPD Credit of Business Mgmnt and Org for CPA in Canada
2 CPE Credit of Business Process Improvement for Certified Management Accountants (CMA)
2 CPD Credit for Association of Chartered Certified Accountants (ACCA)
2 CPD Credit for Chartered Accountant - ICAEW
2 CPD Credit for Chartered Accountants - Scotland
2 CPE Credit of Business Mgmnt and Org for Iowa Licensed Public Accountant (IA-LPA)
2 CPD Credit for Chartered Accountants - Ireland (CAI)
2 CPD Credit for CPA - Ireland
2 CPE Credit of Business Mgmnt and Org for Maine Licensed Public Accountant (ME-LPA)
2 CPE Credit of Business Mgmnt and Org for Delaware Licensed Public Accountant (DE-LPA)

About Instructor

Ross Maynard

Managing Director, Ideas2Action Process Excellence Ltd

My philosophy is to inspire, challenge and support change. I have nearly 30 years’ experience as a business author and consultant.

As a consultant, I specialise in process improvement based on the Lean philosophy. I facilitate improvement teams and provide expertise in performance measurement and management; problem solving; and process improvement.

As well as delivering webinars for MyCPE, I develop courses and webinars for the ACCA (Association of Chartered Certified Accountants) in the UK and other specialist business and finance providers.

I live in Scotland, near Glasgow, with my wife, daughter and Cocker Spaniel.

Additional Information

Duration

2 Hours

Course Level

Basic

Instructional Method

QAS Self Study

Pre-requisites

None

Advance Preparation

None

FAQ’s

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NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Ratings and Review

4.2

Excellent

Very Good

Average

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Terrible

Steven Shell, CPA (US)

Lots of good info in this webinar, the delivery was a bit dry.

Todd Pene, CPA (US)

Although the program has some great insights on how to assess issues in relation to the public, much of the teaching points are very subjective. Was very put off by the climate change initiative of the presentation and would NOT recommend this to anyone. Very disappointed.