Gartner Predicts 70% of Technology Sourcing Leaders Will Have Environmental-Sustainability-Aligned Performance Objectives by 2026

Sharing is caring!

By 2026, 70% of technology sourcing, procurement and vendor management (SPVM) leaders will have environmental-sustainability-aligned performance objectives for their functions, according to Gartner, Inc.

Environmental sustainability has become a top 10 business priority for CEOs, demanding aligned environmental performance from souring functions. “Environmental sustainability directives require all functions to adjust in line,” said Stephen White, Senior Director Analyst at Gartner. “Sourcing, contracting and vendor management must all adapt with urgency by incorporating sustainability rigor into operations and objectives.”

Sustainability is Becoming a Competitive Differentiator When Selecting IT Vendors

In alignment with market demands and values, technology providers are becoming competitively focused on sustainability. By 2026, 75% of organizations will increase business with IT vendors that have demonstrable sustainability goals and timelines and will seek to replace vendors that do not.

“Organizations with sustainability targets have realized that technology vendors within their ecosystem will have a significant part to play in their success,” said White. “Sustainable sourcing, contracting and performance management are critical to minimize technology’s environmental impacts. Avoid being dazzled by providers’ headline commitments or greenwashing, and instead, review the detail behind headline commitments and validate merit and performance.”

The criticality of technology vendors with poorly aligned sustainability objectives will be identified by SPVM leaders and stakeholders. Ultimately, the services of those vendors will be scaled down and new alternatives will be found.

“Moving forward, sustainability will be a driver or fully operationalized in the decision-making process by default,” said White. “SPVM leaders must set the transformation agenda for their function, enabling sustainable consumption of technology by executing key responsibilities: evaluating vendors, contracted vendor commitments, and managing vendors.”


SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: