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ISM Marks Sixth Year of Social Responsibility Initiative

FOR RELEASE: October 22, 2008

Media Contacts:
Jean McHale
ISM Public Relations
800/888-6276 extension 3143
jmchale@ism.ws

Lindsey Yentes
ISM Public Relations
800/888-6276 extension 3087
lyentes@ism.ws



Updated resources address ethical supply management, sustainability and social responsibility.

(Tempe, Ariz.) Oct. 22, 2008 — Institute for Supply Management™'s (ISM) mission to lead supply management is the catalyst for its ongoing sustainability and social responsibility initiative and related online resources. Two updated documents are now available for PDF download from ISM's Sustainability and Social Responsibility Web site:

  • ISM Principles of Sustainability and Social Responsibility (updated August 2008)
  • Principles and Standards of Ethical Supply Management Conduct (updated August 2008)

Both publications are available to interested individuals, regardless of ISM membership status, at www.ism.ws/sr.

ISM believes the supply management profession is a strategic contributor in the development and implementation of sustainability and social responsibility programs and behavior. The Sustainability and Social Responsibility Web site provides a broad range of references, measurements, tools, information and best practices to help supply management professionals develop proactive sustainability and social responsibility programs.

ISM launched this initiative in earnest more than six years ago with the formation of a Board-appointed Commission, followed by the formation of a Committee that drafted and proposed seven initial principles. From the time the original Principles of Social Responsibility were announced in 2004, nearly 40 organizations have signed on as supporters.

ISM invites organizations to formally lend support through best practices and encouraging the sharing of policies and procedures relating to the principles. Interested organizations may review and complete the "Fostering Sustainability and Social Responsibility" form on the ISM Web site at www.ism.ws/SR/FosteringForm.cfm.

As the largest supply management institute in the world, the mission of Institute for Supply Management™ (ISM) is to lead supply management. By executing and extending its mission through education, research, standards of excellence, influence building and information dissemination — including the renowned monthly ISM Report On Business® — ISM continues to extend the global impact of supply management. ISM is proud to recognize professional excellence in supply management with awards such as the ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management and the J. Shipman Gold Medal Award. ISM's membership base includes more than 40,000 supply management professionals in 75 countries. Supply management professionals are responsible for trillions of dollars in the purchases of products and services annually. ISM is a member of the International Federation of Purchasing and Supply Management (IFPSM).


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