Abstract
Green procurement models are often premised on obtaining commodities that have been independently verified against a sustainability certification such as the Forest Stewardship Council (FSC). In addition, there are numerous networks and roundtables such as the Roundtable on Sustainable Palm Oil (RSPO), the Global Roundtable for Sustainable Beef, and the Round Table on Responsible Soy (RTRS). More recently, there has been the emergence of zero deforestation supply chain commitments from many of the world’s largest private and publicly traded companies. The author presents an historical overview, provides details on the mechanisms, presents 3 case studies, and then undertakes both a financial analysis and a policy analysis, along with a future outlook.
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