1. Introduction
The Lead Advisory Company is committed to integrating sustainability principles into all aspects of our business operations, including procurement. This policy outlines our approach to sourcing goods and services in a manner that minimises environmental and social impact, while supporting responsible business practices.
2. Scope
This policy applies to all procurement activities undertaken by The Lead Advisory Company with a specific focus on our relationships with major search engines: Google, Meta, and Bing.
3. Sustainability Considerations
When making purchasing decisions, we will consider the following factors in addition to cost and functionality:
- Environmental Impact: We will prioritise vendors with a demonstrated commitment to environmental sustainability, including practices such as energy efficiency, waste reduction, and responsible use of resources.
- Social Responsibility: We will favour vendors with strong social responsibility practices, including fair labour standards, diversity and inclusion initiatives, and responsible sourcing of materials.
5. Communication and Collaboration
We will communicate our Sustainable Procurement Policy to all staff involved in purchasing decisions.
We will encourage dialogue with our key search engine partners to understand their sustainability initiatives and explore opportunities for further collaboration.
6. Monitoring and Review
This policy will be reviewed and updated periodically to reflect evolving best practices and our company's sustainability goals.
8. Limited Applicability
While this policy outlines our aspirations for sustainable procurement, our company size (10 employees) may limit the immediate depth of implementation. However, this policy serves as a guiding principle for future growth and collaboration.