First global standard for procurement - ISO 20400 - finally exist !

The first standard of its kind in the world, ISO 20400 aims to help companies make better purchasing choices throughout their supply chains by establishing guidelines for companies to judge suppliers on ethical and sustainability issues.

Unlike many other ISO standards, ISO 20400 is a guidance standard rather than a certification standard. As such, companies cannot become ISO 20400 certified, and instead the aim is to build a global consensus around the key terms and expectations for responsible procurement.

ISO said it will complement the existing ISO 260000 standard on social responsibility.

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