What does it mean?
EcoVadis provides the world’s most-trusted sustainability ratings, enabling all businesses to reduce risk, drive performance, and improve environmental and social outcomes. The EcoVadis sustainability assessment methodology is an evaluation of how well a company has integrated the principles of Sustainability/CSR into their business and management system.
Industry leaders such as Johnson & Johnson, Verizon, L’Oréal, Subway, Nestlé, Salesforce, Michelin and BASF are among the more than 85,000 businesses on the EcoVadis network, working to assess, collaborate and improve sustainability performance in order to protect their brands, foster transparency and innovation, and accelerate growth.
EcoVadis methodology is built on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact, and the ISO 26000, covering 200+ spend categories and 160+ countries.
The Sustainability Scorecard illustrates performance across 21 indicators in four themes:
2. Labor & Human Rights
4. Sustainable Procurement
More info : ecovadis.com