According to GSA and EPA research, the acquisition of goods and services creates a carbon footprint nine times that of buildings and fleets put together. The procurement of environmentally preferable products is possible at scale if 1) we use data science to translate sustainability standards and product claims into environmental benefits and actionable sustainable procurement policies and 2) we can reconcile cost with sustainability.
In this talk, a framework is shown for the unification of product sustainability and cost specification language and metrics to augment the outcomes of sustainable procurement and increase the return on investment as measured by a new unit called spend benefit efficiency. We show how efforts at aggregating a database of standards have allowed purchasers to understand what “green” means for each product category of purchase and easily find sustainable products. Methods of locating value along a supply chain called “True Value Engineering” enabled by a common denomination and accounting system called “Benefits and Liabilities” used in conjunction with scenario-based planning tools to report on this unlocked value are demonstrated.
ProductBio.com (Workpology, Inc.) is a data and environmental science company from Silicon Valley and recognized by the California State Senate as one of the nation's largest green procurement product-level data providers and green spend management solutions for government and businesses. Created as a central component of a major EPA environmentally preferable purchasing initiative unveiled in 2013 by executive order under the federal acquisition regulation, today ProductBio provides product upgrades to cities, schools, and businesses, servicing over 26 municipalities to help steward more than $2.5 billion in procurement spend across the country and growing
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