Sustainable Procurement and Supply Chain Management in Geothermal Energy and Environmental Projects
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Sustainable procurement and supply chain management are crucial for advancing geothermal energy and environmental projects, given their role in mitigating climate change and promoting resource efficiency. This review explores the integration of sustainability practices into the procurement and supply chain processes specific to geothermal energy projects and environmental initiatives. Geothermal energy, recognized for its low carbon footprint and renewable nature, requires a sustainable approach to procurement to maximize its environmental benefits. Key strategies include selecting suppliers with strong sustainability credentials and implementing green procurement policies that prioritize eco-friendly materials and technologies. Moreover, lifecycle assessment plays a critical role in evaluating the environmental impacts of equipment and materials used in geothermal projects, ensuring that all components contribute to the overall sustainability goals. In the context of environmental projects, sustainable supply chain management involves reducing waste, optimizing resource use, and enhancing the overall efficiency of project execution. Technologies such as blockchain and artificial intelligence (AI) are increasingly utilized to enhance transparency and traceability in supply chains, allowing for real-time monitoring of environmental impacts and ensuring compliance with sustainability standards. These technologies facilitate the management of complex supply chains by providing accurate data on supplier practices and environmental performance. Challenges in implementing sustainable procurement and supply chain practices include balancing cost with sustainability objectives and managing the complexities of global supply chains. However, companies that successfully integrate these practices benefit from enhanced corporate reputation, improved stakeholder relations, and long-term operational resilience. Sustainable procurement and supply chain management not only support the achievement of environmental goals but also contribute to the economic viability of geothermal energy and environmental projects. The paper concludes that adopting sustainable practices in these sectors is essential for advancing global sustainability objectives and ensuring the long-term success of energy and environmental initiatives.
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