Purpose
The purpose of the Sustainable Procurement Policy is to guide Experfy, Inc. and its employees in making purchasing decisions that are responsible, resource-efficient, and aligned with the company’s commitment to sustainability. This policy underscores our dedication to integrating environmental and socially responsible practices into our procurement processes.
Policy Statement
Experfy, Inc. is committed to procuring goods and services that have the least adverse environmental and social impacts while meeting our quality, price, and performance criteria. We aim to support and encourage our suppliers and contractors to minimize environmental degradation, reduce greenhouse gas emissions, conserve resources, and ensure ethical labor practices.
Policy Scope
This policy applies to all purchasing decisions and procurement processes at Experfy, Inc. It covers all goods and services procured by the company, including but not limited to office supplies, hardware, software, and professional services.
Strategies and Actions
- Supplier Selection and Evaluation:
- Integrate sustainability criteria into supplier selection and evaluation processes.
- Prefer suppliers that demonstrate a strong commitment to environmental responsibility and have established sustainability policies.
- Product and Service Criteria:
- Prioritize the procurement of products that are durable, repairable, recyclable, and made from recycled or renewable materials.
- Opt for services that demonstrate a reduced environmental impact through their delivery.
- Life Cycle Assessment:
- Consider the full life cycle of products, from production to disposal, in procurement decisions.
- Select products with lower environmental impacts across their life cycle, including those that require less energy and water to produce and use.
- Energy and Resource Efficiency:
- Procure energy-efficient equipment and appliances with recognized environmental certification (e.g., ENERGY STAR).
- Source materials that conserve natural resources and reduce waste, such as biodegradable, compostable, or reusable products.
- Waste Reduction and Recycling:
- Engage in practices that support a circular economy, such as purchasing refurbished or remanufactured items.
- Choose suppliers that offer take-back or recycling programs for their products.
- Social Responsibility:
- Ensure that suppliers adhere to ethical labor practices, including fair wages, safe working conditions, and no child or forced labor.
- Support suppliers that contribute positively to their local communities and practice inclusive employment.
- Continuous Improvement and Innovation:
- Regularly review and update procurement practices to leverage new sustainable products and technologies.
- Foster innovation by encouraging suppliers to develop sustainable products and solutions.
Responsibilities
- Procurement Team is responsible for implementing the Sustainable Procurement Policy, including supplier evaluation, product assessment, and maintaining procurement records.
- All Employees are expected to support this policy by considering sustainability when making purchasing decisions and by following established procurement procedures.
- Management will ensure that adequate resources and training are provided to implement sustainable procurement practices effectively.
Monitoring and Reporting
- Develop and maintain a sustainable procurement tracking system to measure the environmental and social impacts of our purchasing decisions.
- Report on sustainable procurement practices and outcomes as part of the company’s annual sustainability report.
Conclusion
Experfy, Inc. is dedicated to sustainability and believes that responsible procurement is key to our overall environmental strategy. This Sustainable Procurement Policy is an essential step toward reducing our operational footprint and promoting a more sustainable future. Through mindful purchasing decisions and supplier engagement, we can make a significant positive impact on the environment and society.