Cosentino Garners Green Purchasing Certification
CANTORIA, Spain –– Cosentino Group recently became the first company worldwide to obtain ISO 20400:2017 certification.
This achievement recognizes the responsible management and strict principles of sustainability of the company’s purchasing department for its whole area of influence, both at home and abroad.
ISO 20400:2017, established in 2017, is under the guidelines of the International Federation of Purchasing and Supply Management (IFPSM), a grouping of 48 purchasing and supply management associations across the world. It’s a development of the European Purchasing Standard, established in 2007 to bring together best business practices and provide a guide to help all purchasing departments lead their companies to excellence.
Cosentino conducted an in-depth and pioneering audit process, with the prior collaboration of the Fullstep consultancy firm, to qualify. The certification is valid for three years with annual renewals.
The certification ratifies good practices and excellence in the company’s activity in this area and its other spheres of influence: commercial, financial, operations, human resources, work environment. confirms that Cosentino’s performance:
• improves savings in the different purchasing divisions;
• resolves anomalous market situations;
• is capable of developing alternative products and services;
• improves supplier markets by encouraging co-responsibility; and
• generates leadership and progress within the organization.
“It is a source of pride to be pioneers and industry leaders once again,” said Julio Martín, Cosentino Global Vice Chairman for Purchasing. “This milestone reflects our process of continuous improvement and the work we are doing to strengthen the Cosentino purchasing function. The department’s strategy is fully aligned with the company’s overall strategy, which has led to us being recognized once again in such important areas as ethics, sustainability and responsibility.”
“This recognition is just another example of the recognition of the good business practices of a company such as Cosentino, where Purchasing has become the driving force of the management of innovation, digital transformation and sustainability, “said Iván Martín, head of UNE 15896 and ISO 20400 standards worldwide at the Association of Purchasing, Contracting and Procurement Professionals of Spain (AERCE). “It is a source of pride to be able to say, once again, that a Spanish company is the first in the world to obtain this type of certification.”
Cosentino’s certification is the latest in recognitions this year for Julio Martín, who received the ‘IFPSM Garner Thémoin Award’, the most prestigious international award in the sector, and the first time ever that a Spanish executive has been granted this award. Last year, AERCE recognized Cosentino in its ‘El Diamante de la Compra’ award for its commitment to innovation and digital transformation.