ITPEC FE Morning October 2018 Question 67
ITPEC FE Morning October 2018 — Question 67 of 80
Green Procurement — preferential purchasing of environmentally friendly products and services.
Correct answer: a) Green procurement means fulfilling quality and price requirements while giving preference to products/services with lower environmental impact from eco-conscious companies.
Why not others:
- b) describes a Green Power Certificate — a tradable certificate for renewable energy generation
- c) describes eco-labeling standards (e.g., ISO 14024) — third-party certified environmental labels
- d) describes environmental PR/fundraising — promoting environmental activities and raising investor funds
Key rule: "Procurement" = purchasing/buying. Green procurement adds an environmental criterion on top of the usual price and quality requirements when selecting suppliers.
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