Procurement and supply chain management have become some of the most relevant topics in corporate responsibility.
More than ever, organizations understand that their purchasing power and procurement practices can positively impact the way products are designed, manufactured and sold. With an annual global spend of more than $50 billion representing what we contract for ourselves and our clients from suppliers of good and services, CBRE recognizes the opportunity to influence suppliers on a large scale while also mitigating supply chain risks.
CBRE works with more than 85,000 direct and indirect suppliers throughout the world and expects them to conduct their operations in an environmentally sustainable and socially responsible manner as outlined in the Supplier Code of Conduct below. At the same time, we have the opportunity to use our multi-billion-dollar global supply chain to promote sustainable business practices and support local businesses around the world. The magnitude of the impact of our supply chain far exceeds our own sustainability impact as a firm. For all of these reasons, we’ve formally elevated procurement to be a pillar of our corporate responsibility program.
To help train, refer and integrate qualified and certified suppliers into the provisioning of products and services for our customers, we have developed a Supplier Diversity Program. Click here to learn more.
Details on our procurement goals and accomplishments can be found in our Corporate Responsibility Report.