Green Procurement and Circular Economy: Dynamics of Public and Private Ecosystems

This report demonstrates the reciprocal relationship between green procurement and circular economy. As a procurement approach that prioritizes ethically sourced and environmentally sustainable goods and services, green procurement, whether at the national or firm level, plays a crucial role in enabling the circular economy. On the other hand, the adoption of circular economy practices, despite its current fragmentation at the national level, serves as an external driver for green procurement. Through an in-depth case study of SLB, a multinational technology company specializing in innovative environmental solutions for businesses, this report provides key insights into real-world green procurement practices and offers relevant recommendations to strengthen these practices, which facilitate the transition to the circular economy.