As compliance shifts from an internal process-related concept to one associated with external expectations and regulations, procurement’s role continues to grow. Understanding what is at stake, the up and down-side benefits, as well as the why driving the company’s investment are all critical to success.

In this episode of the #LoveProcurement podcast, Kelly Barner is joined by Nicole Sherwin, Chief Impact Officer at EcoVadis. Nicole and her colleagues are dedicated to empowering businesses to transform and magnify their sustainability impacts in the value chain in large part by investing in and ensuring compliance.

In this episode, Nicole speaks to the challenges and opportunities inherent in modern day compliance:

• The current level of instability in regulatory compliance and how it affects procurement’s work
• The benefits associated with early, and potentially optional, compliance reporting - and how to catch up if that is not an option
• The importance of why a company works to be compliant to the outcomes they are able to drive

Links:

Nicole Sherwin on LinkedIn

Return on Sustainability: The Value and ROI of Sustainable Procurement 

Sustainable Procurement Barometer 2024