Foodbuy UK, a leading food procurement business, has won the title of 'Best Initiative to Deliver Social Value through Procurement' at the 2020 CIPS Excellence in Procurement Awards.
Run by the Chartered Institute for Procurement and Supply (CIPS), the CIPS Awards recognise outstanding projects, people and teams across the entire procurement and supply chain profession.
Foodbuy won for its work pioneering sustainable causes throughout its supply chains, most notably with social enterprises. In the last year alone, Foodbuy have spent more than £2.1 million with over 20 different social enterprises, as well as helping clients to source more sustainably and socially through a number of different social value initiatives.
In 2019, Foodbuy also became the first company in the food and drink sector to join the Buy Social Corporate Challenge. The Challenge brings together corporate partners from a broad range of industries with a collective ambition to spend £1 billion with social enterprises.
The CIPS judging panel commented: “The project showed that Foodbuy UK is clearly a business whose clients expect them to source responsibly, and within the communities they serve. They are clearly going beyond expectations and pushing into new areas of social procurement. Well done.”
Ian Murphy, Managing Director, Foodbuy said: “At Foodbuy, we are all about sustainable procurement and it’s great to see our efforts recognised on a global scale. We truly believe social enterprises are essential for a successful future which is why we’ve committed over £5million spend to supporting social causes across the UK. Winning a CIPS Award really is the true pinnacle for anyone in our profession, and I couldn’t be prouder of each and every member of the Foodbuy team, they really deserve this fantastic recognition.”
The winners were announced at a virtual awards ceremony and the other finalists in this category included Nationwide Building Society and Department for Environment Food & Rural Affairs. Read more here: https://www.cipsexcellenceinprocurementawards.com/2020-winners/