Founded in 2007, EcoVadis provides evidence-based sustainability assessments for companies within global supply chains, rating each business across 21 important environmental, social and ethical performance criteria. EcoVadis’ rating focuses on issues material to a specific sector, geography and size, all taken into account in the rating, and are measurable. The solution is global, supporting over 10 languages.
The EcoVadis solution is built with Procurement and Supply-Chain professionals in mind, delivering end-to-end program management support to engage, on-board, collect and analyze documented evidence, and manage suppliers throughout the assessment process. EcoVadis ratings are used by procurement personnel in over 300 of the largest global multinational companies.
Over 50,000 suppliers have been rated across 120 countries on the EcoVadis network, with thousands more joining each month. Over 70% of the companies rated are small- or medium-sized (and often non-listed) businesses.
The independent assessor found that EcoVadis achieved the highest score on the SPLC Supplier Ratings Framework assessment, with solid organizational structure, transparent rating methodologies, scalability, good company engagement and consistent performance.
Buyer Solutions: http://www.ecovadis.com/buyer-solutions/
Supplier Solutions: http://www.ecovadis.com/supplier-solutions/
|Launch date||2007||Contact||Daniel Perry|
|Ratings team size|
~500 total staff, including 150+ CSR analysts & 70+ supplier support staff
Score/theme sub-scores (1-100), scorecard, benchmarks, recognition medals (Gold, Silver, Bronze)
|Cost for suppliers|
Starting at USD 417 for Basic Subscription.
Basic subscription includes customized questionnaire, document analysis and storage, CSR rating scorecard, company specific strengths and improvement areas, geographic and industry benchmarks, and a collaborative corrective action plan tool. Also includes sharing of the scorecard within the EcoVadis network to any buying company.
Premium subscription includes the above, plus ~30 page pdf customized CSR report, sharing with anyone inside or outside the network, brand-protecting CSR news alerts, applicable medal badge with certificate of authenticity, and more.
For full info visit: http://fees.ecovadis.com
|Cost for buyers/ purchasers||Yes, available on request|
|Accessible||Yes, new companies can be rated|
|Customizable||Yes, client specific questions can be added|
EcoVadis rates over 50,000 companies from the following world regions:
|# of Rated Companies||North America||Central & South America||Europe||Africa||Middle East||Asia||Australia/ Oceania|
SUSTAINABILITY ISSUES ADDRESSED
EcoVadis Rating addresses 36 indicators covering the following environmental, social, and economic/governance issues:
|Emissions and Pollution Reduction||✔|
|Energy (Renewable, Efficiency, Conservation)||✔|
|Environmental Compliance & Reporting||✔|
|Land Use & Biodiversity||✔|
|Product Lifecycle Management||✔|
|Resource Use & Replenishment||✔|
|Freedom of Association & Right to Collective Bargaining||✔|
|Harassment & Abuse||✔|
|Training & Employee Development||✔|
|Worker Health & Safety||✔|
|Conflicts of Interest||✔|
|Disclosure of Information||✔|
|Fair & Honest Marketing||✔|
|No Improper Advantage||✔|
|Protection of Identity & Privacy (employee and customer)||✔|
|Green Product Affordability|
|Incorporate ESG Issues in Investment Decisions||✔|
|Management & Grievance Reporting System in Place||✔|
|Develops Markets for Sustainable Products and Services||✔|
|Promotes Fair Trade||✔|