ESG Now Decisive in 78% of Corporate Procurement Decisions
ESG credentials have become decisive in 78% of corporate procurement decisions as supply chain sustainability requirements intensify.
By Zara Ahmed
Bizplezx · 21 May 2026
⏱ 1 min read· 156 words
ESG credentials are now decisive in 78% of corporate procurement decisions, up from 42% three years ago, per an EY survey of 400 procurement executives. 61% have terminated or are reviewing supplier relationships that fail new ESG standards. Requirements span carbon reporting, labour standards verification, and circular economy commitments. trading companies that invested in robust ESG management and third-party certifications are differentiating themselves in procurement processes and accessing premium pricing. The trend intensifies as mandatory sustainability reporting comes into force in Europe and increasingly in US markets.
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Zara Ahmed
Bizplezx · ESG
Zara Ahmed at Bizplezx delivers expert analysis and breaking coverage across global markets, trade intelligence, and business strategy — combining deep industry expertise with rigorous reporting standards to provide actionable intelligence for business leaders worldwide.
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