Procurement

Do you have procurement policies and principles for purchasing forestry products such as furniture or paper?

To ensure the credibility of external commitments, financial institutions need to practise internally what they promote among their client base. Producing internal procurement policies and practices for forest products are therefore critical to ensuring consistency with commercial policies and maintaining wider client and stakeholder credibility.

The toolkit

The Sustainable Forest Finance Toolkit provides an illustrative forestry procurement policy. The sample policy incorporates the key components for an effective policy that addresses relevant sustainability issues.

The Toolkit also includes links to the guidance from the Sustainable Procurement of Wood and Paper-based Products, previously prepared by the WBCSD and World Resource Institute.

How PwC can help

PwC has experience providing a range of sustainability services to leading financial institutions:

• Advice to internal procurement departments on the development of a forestry procurement policy
• Integration of forestry procurement policy into existing policies and frameworks
• Workshops for procurement staff to support implementation of forestry procurement policy