Why is it critical for businesses to become responsible buyers in 2023?
Why is it critical for businesses to become responsible buyers in 2023?
Sustainability has become a global priority; every day, we are learning more about our world and how we can best look after it. In business, the term sustainable procurement is the sourcing of products and services in an ethical and environmentally conscious way. It is now vital for businesses to ensure that their supply chain is sourced from responsible and ethical companies.
Two-thirds of the average company’s environmental, social, and governance footprint is comprised of procurement decisions. Whilst it may be easier and cheaper to source materials from less sustainable suppliers, there are a number of benefits to making more responsible choices.
Businesses leading the way are those most transparent about their impact on the planet. According to an independent study by SmartestEnergy, 4 out 5 people say they are more likely to choose a brand committed to environmental and social issues. At NEMI Teas, we take pride in knowing where our tea is grown, how our packaging is made and that our workers are paid and treated fairly. Equally, our customers are passionate about supporting our brand because of its strong social and environmental values. Being explicit about our supply chain builds a stronger relationship with our clients and encourages them to pay more attention to sustainability credentials when shopping elsewhere.
New legislation is also being introduced, forcing businesses to comply with certain social and environmental standards. The launch of huge global movements such as The UN’s 17 Sustainable Development Goals mean that sustainable procurement is no longer a voluntary attribute or additional selling point. There is also an increase in public pressure on companies to be held more accountable for the climate crisis. Businesses who choose not to observe new guidelines, or “greenwash” their policies, risk consumer boycotts, fines and public and media scrutiny, as access to information is at an all-time high.
Along with our delicious blends and positive social mission, NEMI Teas make responsible decisions throughout our entire sourcing process. Beyond our biodegradable packaging, our fairtrade, organic tea is distributed in plastic-free, fully compostable tea bags. Additionally, one of our teabags can provide not one, but three steeps, helping our customers to buy less and use more.
In 2023, businesses must be able to adapt to the wants and needs of their staff, the consumer and the environment. Our tea is made with the highest level of care for our employees and suppliers, our customers and our planet. If you are a business looking to make more responsible procurement decisions, look no further than us when it comes to sourcing your tea.
References: