How to use public procurement process to unlock ESG potential

ESG

Greenwashing is a serious crime because it creates the illusion that more is being done to combat climate change than is the case. PHOTO | SHUTTERSTOCK

In most countries, the government is the largest single buyer of goods and services. Most government purchases invariably need to go through a public procurement process.

In recent years, there has been a notable shift in the way governments are looking at public procurement, with a growing emphasis on environmental, social and governance (ESG) considerations.

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Note: The results are not exact but very close to the actual.