In India's fast-moving consumer goods (FMCG) industry,
sustainability has shifted from being a buzzword to becoming a
business priority. Regulators are tightening norms, consumers are
more vocal about eco-friendly choices, and investors are asking
tougher ESG questions.
Procurement, once measured mainly on cost and delivery, is now
at the center of this transformation. From greener packaging to
holding suppliers accountable on ESG compliance, procurement
leaders are being asked to do much more than negotiate prices.
Here's how this change is reshaping the Indian FMCG
space.
1. Rethinking Sourcing Criteria
Sustainable sourcing goes beyond price and quality checks. It
begins with questions like: Where is this material coming from? How
was it produced?