Real Estate Organization Policy, Procedures, and Strategy
Integrated sustainability into the procurement policy and procurement strategy, leveraging ISO 20400 (Sustainable Procurement)
AI-enabled guidance developed for sustainable sourcing and supplier evaluation
Company Overview
About
A leading financial and real estate development authority responsible for managing and investing in a prominent commercial district. The organization generates much of its revenue through the development, leasing, and maintenance of premium commercial and mixed-use properties.
Industry
Real Estate Development
Challenge
The organization’s procurement operations and governance lacked sufficient sustainability integration, creating obstacles in aligning with the city’s 2050 vision for sustainable development.
01
A review of existing documentation (policies, procedures, strategies) was conducted to understand the current landscape
02
Stakeholder interviews were conducted to understand aspirations and challenges related to sustainability
03
Global procurement sustainability standards (ISO 20400) were leveraged, and the organizational strategy was reviewed to ensure alignment of deliverables with organizational objectives
04
Cross-functional workshops were conducted with key stakeholders (compliance, construction, sustainability, strategy) to ensure input is provided from all departments
05
Enhancements to the procurement policy, procedures and strategy were completed, with sign-off from senior management
Results
01
Enhanced sustainability-related governance introduced into procurement policy and procedures to ensure alignment with the Dubai 2050 vision
02
Sustainability-related strategic initiatives introduced into Procurement Strategy in alignment with organisational objectives
Looking for support with introducing sustainability into your procurement/supply chain? Contact us for an introductory advisory call.
