Closed-Loop, Responsible Purchasing

In a closed-loop model businesses reuse their production waste to create renewed products. This is a sustainable way to preserve resources and save energy. Responsible or “Green”  purchasing refers to the procurement of products and services that have a lesser or reduced effect on human health and the environment when compared with competing products or services that serve the same purpose. Above all, green purchasing requires purchasers to ask themselves if they truly need to purchase something new, or, perhaps they can reuse something the institution has access to, or simply go without.