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Local Procurement for City Businesses


City Procurement

"the current unsustainable patterns of production and consumption must be changed in the interest of our future welfare and that of our descendants."
– Millennium Declaration

Welcome to the City of London Corporation’s City Procurement pages.  This section is designed to offer City-based businesses more information when considering the local impacts of their purchasing decisions.  Here you will find information about:

Local Purchasing

By purchasing locally, businesses have the opportunity to foster local economic regeneration and create employment opportunities with money they would have to spend anyway.  We believe that purchasing from local Small and Medium-Sized Enterprise (SMEs) that offer best value for money can help increase market competition and regenerate our local economy.  There are also clear Corporate Social Responsibility benefits, both social and environmental, from buying locally. 

To ensure City companies continue to procure goods and services at best value for money, we undertook research to find out which local, SME-orientated sectors are fit to supply. 

Download the full findings of the research here.

Cross River Partnership logo Through the Supply Cross River project, the City Corporation is able to offer City businesses tailored assistance in promoting supplier diversity and sustainable procurement.  For more information or to arrange a consultation, email us.

In addition to encouraging City firms to make responsible purchasing decisions and to buy locally, we also encourage City firms to work with their Tier 1 & 2 suppliers to advance the agenda further down the supply chain.  The City Corporation will be hosting sector-based Meet the Buyer events through 2009 and 2010.  If you are interested in a particular sector, please let us know.

Find out more about why purchasing locally is so important.

Green Purchasing

At the Rio Conference in 1992 (UNCED) the heads of 176 states identified a "major cause of the continued deterioration of the global environment [to be] the unsustainable pattern of consumption and production, particularly in industrialized countries" and called governments to "review the purchasing policies of their agencies and departments".  In recent years environmental objectives have become a major topic in procurement; many businesses have implemented green purchasing policies as a consequence. 

Green purchasing is environmentally responsible procurement; it's about using your purchasing power to promote productive use of resources and materials. This involves integrating environmental considerations into all stages of the purchasing process: from avoiding unnecessary purchases and identifying greener products to the specifications you use for contracts and whole life costing. Quality is the priority: green products are fit for purpose and can be cost comparable.

The City Corporation helps host the City Environmental Forum, during which informal, themed meetings with presentations given by both outside speakers and Forum members are held on a quarterly basis. These meetings look at best practice and practical advice on environmental and sustainability issues. Lunch is provided, giving people the opportunity to network and discuss ideas and current challenges they are facing in managing their operation. There is no fee associated with membership, however, members are encouraged to host meetings and recommend or provide speakers. Topics covered to date include; Energy, Achieving Buy-in for Environmental Initiatives, Environmental Management Systems, Sustainable Refurbishment, carbon footprinting and the Carbon Reduction Commitment.   See more information on environmental issues.

You may also wish to visit the Mayor’s Green Procurement Code website.

Supplier Diversity

Supplier Diversity takes creative and proactive steps toward ensuring equal opportunities for under-represented businesses, such as minority ethnic-owned, women-owned and disabled people-owned businesses, to bid for business (contracts and procurement opportunities) with the public and private sectors. It is important to be aware that Supplier Diversity does not guarantee work; it only provides equal opportunities to under-represented businesses to compete. The City Corporation works in collaboration with Supplier Diversity Europe and MSDUK.

Supplier Diversity Europe (SDE)
SDE’s mission is to enhance the capacity of large organisations and under-represented SMEs to engage in business relationships with each other.

Minority Supplier Development UK (MSDUK)
MSDUK is a private sector-led, not-for-profit membership organisation created to provide a direct link between its corporate members and minority businesses to enable the building of mutually beneficial business relationships.

Fairtrade

The Fairtrade Mark is an independent consumer label which appears on around 2,500 products as an independent guarantee that disadvantaged producers in the developing world are getting a better deal. There are an estimated one million farmers and workers directly involved in Fairtrade and millions more benefit indirectly from the extra money it brings to their community.

The City of London was awarded Fairtrade Status for the Square Mile on 22 October 2007.  Visit our Fairtrade website to find out what this means.

The City of London Corporation also hosts a City Fairtrade Steering Group, which comprises a number of influential businesses and organisations including Aviva, KPMG, Waitrose, Matrix Knowledge Group and the Barbican Centre. The steering group is open to representatives of businesses, resident or community groups based within the Square Mile. If you would like to get involved please email fairtrade@cityoflondon.gov.uk or call 020 7332 1431.  Find out more about the Steering Group.

The City Fairtrade Steering Group has launched the Fairtrade Hub, which is a new online tool that allows its members:

  • to pledge their support for Fairtrade in the Square Mile
  • to share practice examples and help each other overcome any barriers
  • fairtrade purchasing
  • to keep track of the latest news and events around Fairtrade in the City
  • to shape the future of the City's Fairtrade campaign

To find out more about the City campaign and how you can get involved read our FAQ or email fairtrade@cityoflondon.gov.uk or call 020 7332 1431.

For more information on Fairtrade, products and suppliers, visit the Fairtrade Foundation’s website.


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