Haarlem, A Champion to Holland’s Push for a Circular Economy

Haarlem is a mid-sized city in the province of Noor Holland that has a big reputation for being a robust supporter of The Netherlands‘ circular economy goals. Winner of the 2020 Procurement Initiative Award bestowed by the European Procura + organization, Haarlem is a frontrunner in embracing the integration of Corporate Social Responsibility in innovative and sustainable procurement processes.

The prestigious Procura+ Award is given by a group of European public authorities who provide support and advice to any public authority looking to practice and carry out sustainable and innovative procurement.

Haarlem was recognized for successfully integrating such processes by pioneering the “Social Return on Investment” (SROI) program. A special condition that suppliers or providers must render or perform as part of a procurement contract entered with the city. The method has been proven effective in the creation of employment opportunities for people who have poor chances of landing a job, particularly those with disabilities.

Haarlem’s Incorporation of the Social Return on Investment Program

Since 1995, the public authorities of Haarlem have incorporated Social Return on Investment in its procurement processes. Throughout the years that SROI was implemented, the city’s procurements have been reviewed and assessed as 100% sustainable. Even more notable is that the city authorities make sure that the requirements of all business stakeholders are met.

How Does the Dutch SROI Sustainable Procurement Work

Actually, there are several approaches by which Social Return on Investment can be carried out as part of a city or municipality’s sustainable public procurements.

The following are examples of special terms, such as:


  • Performance-based condition
  • Awards-based criteria
  • Reserved contracts for sheltered companies, which are entities that employ persons with disabilities or people not covered by labor standards.

How Does SROI in Public Procurement Contracts Work

Take note that the above mentioned programs are only examples, as there are various types of SROI implementations in the different cities and municipalities of Holland.

In Haarlem, bidders to the city’s public procurement process must agree to contribute a corresponding amount equal to 5% of the contract value. The contribution will be used to support a sector of the labour market by offering internships or other economic activities to people who have poor chances of finding employment, including those with disabilities.

To cite an example, an out-of-school youth looking to get hired as a loodgieter Haarlem apprentice has lower chances of getting hired since plumbing companies prefer to hire those recommended for internships by plumbing schools. Here, the value of an SROI offer for a contract is carried out by way of increased labor participation, by agreeing to support and at the same time train, some of the aspiring out-of-school plumbing apprentices.

The value of the SROI is usually based on the scope of the work or services that a company must render in relation to a labor procurement contract. A 5% or lower SROI value, usually applies to procurement contracts with a low
labour value.

Why Real Estate Is Considered The Best Form Of Investment

Real estate investment is an investment in which the property owner buys a property to earn monetary income. The investor might be purchasing the home intending to rent it out or buying it to fix and resell.
Investors typically buy properties when they are low on cash and sell them at a predetermined later when they have more money available to make a significant profit. Investors also need to consider factors such as quality, location, and potential for appreciation. That is why before investing in real estate you need to conduct a building inspection and contact pre purchase building inspection perth for a better review and to avoid potential structural issues.

Let’s look at some more prominent reasons why the property is considered the best investment form.
Real estate is one of the best investments because it has a low risk. Rental income and regular price appreciation are guaranteed and passive.
This investment is also tax-free if you buy an established property, while if you buy a new property, you have to pay taxes on it until it has been sold for 30 years.

Real estate is considered the best form of investment because it can yield long-term benefits—however, some areas where real estate can perform better than others.
This article will explain why real estate is considered the best form of investment and why some areas provide better opportunities than others.

Real estate is considered one of the best investments that you can make. The decision often depends on how much risk someone is willing to take, but knowing what kind of investment you are looking for is also important.

While real estate is one of the most popular investments, it is also one of the most daunting. There are several factors to consider when determining if a property is a good investment or not.
One of the things to consider in real estate investment is building inspections. A building inspector can give you an idea as to what your costs will be in terms of renovations and repairs once you buy your property. The best form of investment is real estate. When the stock market is going up and down, real estate will keep rising in value.