GRUPO HERDEZ WATCH NOW
How Grupo Herdez ® is making procurement strategic and sustainable
financial rates to suppliers that achieve sustainability certification.
Javier continues:“ What we did is put in place a programme with a specific bank in Mexico where, if the supplier goes through the sustainable evaluation and they got a qualification as a sustainable supplier for Grupo Herdez ®, they will get a better financial rate.”
The approach particularly benefits small and medium-sized businesses, which typically face higher borrowing costs. By leveraging Grupo Herdez ®’ s credit rating, the programme offers financial rates at approximately half the market cost.
“ We state,‘ don ´ t charge the suppliers for the financial risk. We will assume that,” Javier notes.”
“ So, that allows us to have a very competitive financial rate that the supplier cannot find by itself, but can through the programme. If they’ re sustainable, they will have access to an even better rate.”
Now, Grupo Herdez ® plans to integrate sustainability credentials into supplier selection criteria for tender processes.
“ Once I know if a supplier is sustainable or not, I can add sustainability as a factor
134 May 2025