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L5M5 Managing Ethical Procurement and Supply Exam Topics and Questions

Let's Practice Free CIPS L5M5 Questions Aligned with Official Exam Topics

๐Ÿ“„ Exam Contains: 3 Topics
Topic Content
Understand the impact of ESG (Environmental, Social, and Governance) considerations on ethical and sustainable supply chains by analysing how ESG principles are applied to secure ethical procurement, examining the distinct roles of environmental stewardship, social responsibility, and governance frameworks in supply chain management. Explore the benefits and risks associated with ESG adoption, the development of ESG-focused procurement policies, and the importance of equality, diversity, and inclusion in creating sustainable supply arrangements. Investigate critical ethical issues including modern slavery, bribery, corruption,... See More
Topic Content
Understand the importance of compliance with ESG (Environmental, Social, and Governance) factors to achieve ethical and sustainable procurement and supply arrangements. This encompasses assessing methods to achieve ESG standards through supply chain mapping for transparency, analyzing ethical considerations, implementing risk mitigation strategies, and managing stakeholder requirements. Organizations must evaluate how contractual terms support ESG objectives by monitoring contract performance, utilizing stakeholder feedback, and correcting non-compliance through action plans. The use of third-party auditors is critical, requiring careful sourcing and competency... See More
Topic Content
Understand initiatives and standards related to ESG (Environmental, Social, and Governance) that support ethical and sustainable procurement and supply. This includes assessing the role of international labour standards and independent external accreditations in achieving ESG considerations, such as standards set by the United Nations (UN) and the International Labour Organization (ILO), labour codes of conduct including the Ethical Trading Initiative (ETI) and Social Accountability International's standard SA8000, and analysing how external environmental standards frameworks and accreditations help achieve ESG objectives... See More

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