Reporting on green procurement for the 2020-2021 Departmental Results Report
This supplementary information table supports reporting on green procurement activities in accordance with the Policy on Green Procurement.
1. Context
Although the Office of the Superintendent of Financial Institutions (OSFI) is not bound by the Federal Sustainable Development Act and is not required to develop a full Departmental Sustainable Development Strategy (DSDS), OSFI adheres to the principles of the Federal Sustainable Development Strategy (FSDS) by complying with the Policy on Green Procurement.
The Policy on Green Procurement supports the Government of Canada’s effort to promote environmental stewardship. In keeping with the objectives of the policy, OSFI supports sustainable development by integrating environmental performance considerations into the procurement decision‑making process through the actions described in the 2019 to 2022 FSDS “Greening Government” goal.
2. Commitments
FSDS target(s) | FSDS contributing action(s) | Corresponding departmental action(s) | Starting point(s) Performance indicator(s) Target(s) |
Results achieved | Contribution by each departmental result to the FSDS goal and target |
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Actions supporting the Greening Government goal and the Policy on Green Procurement | Departments will use environmental criteria to reduce the environmental impact and ensure best value in government procurement decisions |
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Starting Point: Target: Performance Indicator: Starting Point: Target: Performance Indicator: Starting Point: Target: Performance Indicator: |
Performance indicator: Performance indicator: Performance indicator: |
FSDS: Green procurement incorporates environmental criteria into purchasing decisions. Procurement agents who are trained to apply such criteria can award contracts to suppliers with a reduced GHG footprint. This is expected to motivate suppliers to reduce GHG emissions associated with their goods, services and supply chains. UN SDG: |
Support for green procurement will be strengthened, including guidance, tools and training for public service employees |
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Starting Point: Target: Performance Indicator: |
Performance indicator: 100% of OSFI’s procurement and/or materiel management specialists have completed training on green procurement by March 31, 2021. |
3. Report on integrating sustainable development
During the 2020-21 reporting cycle, OSFI had no proposals that required a strategic environmental assessment (SEA) and no public statements were produced.