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Avoidance of the depletion of natural resources in order to maintain an ecological balance' is a def-inition of:
Sustainability fits the bill: the other answers are related, but don't quite nail it.
CIPS has created a list of the ten most common CSR issues in supply chains. Which one of the fol-lowing is not on that list?
Cost (reduction) is a traditional focus of procurement.
CSR tries to help us think beyond simply cost reduction, or a bottom line orientation.
OECD has written about the concept of a 'pyramid of CSR responsibilities'.
'Being a good corporate citizen' is described as being at the highest level of the pyramid, and falls within which of the following sets of responsibilities?
In other words, which of these options shown, is at the highest level of the CSR pyramid?
The order of responsibilities is as follows: economic (be profitable - keep the business going); legal (comply with the law); ethical (act in an ethical way); discretionary (be a good citizen - do things above and beyond eg for the local community, supporting small suppliers, overseas suppliers, etc).
Frankly, any organisation not being economic, legal and ethical needs to take a serious look at itself. Don't you think?
What has been defined as: 'a process whereby organisations meet their needs for goods, services, works and utilities in a way that achieves value for money on a whole life basis in terms of generating benefits not only to the organisation, but also to society and the economy, whilst minimising damage to the environment'
This is a definition of sustainable procurement, from the Sustainable Procurement Task Force, quot-ed by Profex Publishing, L3M5, Ch 6.
The inclusion of terms like 'meet their needs' and 'value for money' point us in the direction of pro-curement, not just sustainability.
What is the chemical formula for nitrous oxide?
N2O - nitrous oxide - a greenhouse gas.
