Social procurement leverages an organisation’s buying power to deliver social value, above and beyond the value of the goods or services being procured. It builds diversity into the supply chain, and creates job opportunities for under-represented groups, reinvigorating marginalised communities.
Over the last five years social procurement and supplier diversity have gained considerable traction, and the practice of procurement has evolved to encompass social and environmental considerations.
Download Unlocking the value of social procurement and supplier diversity: Leading practice insights
This paper recognises the ongoing debate about terminology, with differing opinions about whether this agenda should be called social procurement, supplier diversity, or more recently, inclusive procurement. Throughout this paper, we have chosen to refer to social procurement as an umbrella term for procurement from social enterprises, Indigenous businesses, disability enterprises and other social-benefit suppliers.
Table of Contents
1. Executive Summary
3. What is social procurement?
4. Drivers of this agenda
5. Ongoing challenges
6. Six tips to unlock the value of social procurement
7. Future outlook
Interviewees and references