Indonesia Business Council for Sustainable Development (IBCSD) in collaboration with WWF and Accenture developed Sustainable Sourcing Guideline to promote sustainable sourcing practices in particular among downstream industries. This guideline is a living document that can be used as initial tool for companies to navigate their sustainable sourcing journey towards sustainable business.
Sustainable sourcing is the integration of sustainability principle into the decision making process for selecting suppliers. Sustainable sourcing ensures that the products and services are from sustainable raw materials and sustainable process.
Sustainable sourcing matters to tackle both internal and external risks. Internal risks, such as the scarcity of raw materials can impact on whether or not the companies able to continue their production and meet the consumer demand. Then, external risks include stakeholders’ trust and overall reputation of the companies.