Social Procurement Target Setting to Drive Change
2 October 2023
Trends & Insights
Trends & Insights 2023
We’re excited to share the release of our inaugural Trends and Insights report, supported by certified social enterprise IPA Personnel.
This report explores the overall motivations, success factors and strategies used by Social Traders business and government members, in setting social procurement targets and achieving their social impact goals.
Key Highlights
- 63% of procurement professionals have either public or internal social procurement targets, with a further 15% currently developing targets.
- Setting targets has yielded success, with 74% of respondents which have social procurement targets meeting or exceeding those targets.
- Customer expectation/reputation is a growing motivation for organisations to set social procurement targets, with 68% of respondents selecting this as a motivation for setting their targets.
We invite you to download the report and share it to promote, advocate and back business for good.