International University of Travnik , Travnik , Bosnia and Herzegovina
In an era where environmental consciousness is paramount, businesses are redefining their operational strategies to align with sustainable practices. At the forefront of this transformative movement is the adoption of green procurement practices. Unlike traditional procurement methods solely focused on cost and quality, green procurement introduces a paradigm shift by incorporating environmental considerations into purchasing decisions. This strategic approach extends beyond the immediate transaction, aiming to mitigate the ecological impact of goods and services throughout their life cycle. This paper can immensely assist to local policymakers, business leaders and managers to better understand the significance of green procurement and to align traditional procurement practices with core sustainability goals. As organizations increasingly recognize the interconnectedness between economic activities and environmental well-being, the embrace of green procurement emerges as a powerful tool to drive positive change, promote responsible consumption, and contribute to a more sustainable future.
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