ISO 20400:2017 - Sustainable Procurement
Clause 4: Understanding the fundamentals – ISO 20400:2017 - Sustainable Procurement

ISO 20400:2017 - Sustainable Procurement 4.5.1: 4.5.1 Managing risk including opportunity

The organization should manage its sustainability risks and opportunities related to procurement, identifying, prioritising and managing internal and external risks including whether suppliers can meet requirements such as monitoring and auditing; risk assessment (identification, analysis, evaluation) and treatment should be integrated into governance and procurement procedures, and due diligence is the way risk management is applied to adverse impacts.

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