Climate change is upon us. As the temperature climbs and fires start in the Northern Hemisphere, companies that want to matter in the future are making the switch to improve their sustainability. Beyond a few common-sense measures, however, it may be wise to seek the help of a professional. That’s where EcoVadis may help.
We all know the definition of sustainability. But how can you translate it for your business? EcoVadis breaks down the concept into four areas that you can apply to your company: environment, labor and human rights, ethics, and sustainable procurements. These are all intertwined, making it difficult to achieve one without taking care of the others. Yet, sustainability remains a desirable goal, as it helps companies to jump ahead of the market. This service offers solutions in those different areas to help firms assess and achieve global sustainability.
Transform your company into a sustainability champion, inspire others and shape a better future 🌱
Joining EcoVadis means becoming part of a vibrant community of organizations dedicated to making a positive change 🤝
Read a quote from @DeutschePostDHL below pic.twitter.com/zaN4t8fnIn
— EcoVadis (@ecovadis) July 3, 2023
Measuring sustainability for companies
What EcoVadis offers is a set of tools and services. Nowadays, growing a business — a sustainable one at that — is becoming incredibly difficult. Globalization leads to a production chain sprawled across the world. That means a firm needs to know exactly what the rules are in each country it has a factory or an office in. Even if you keep things close to home, new regulations appear every day. In this case, it is very hard to keep everything under control. This is where the business’ sustainability ratings are likely to help.
EcoVadis has developed an assessment model that measures sustainability indicators. It gives clear insights, which are easily comparable from one company to another. In addition, the solution studies your firm and the region it is set in using an AI-powered engine to keep an eye on exterior news. Every angle is taken into account. You then obtain a scorecard and a benchmark, along with strategies, suggestions and other means to go above and beyond that you can easily share with clients and investors. In turn, it may also help clients in making important decisions in RFPs and other public bids in terms of choosing the right company for them.
The EcoVadis ratings methodology provides a foundation for companies to drive #supplychain due diligence and positive #impact through continued assessment. Check out our findings in the 7th edition of our Business Sustainability Index: https://t.co/JA76s1N2b7
— EcoVadis (@ecovadis) June 28, 2023
EcoVadis not only helps your company to become more sustainable, but it also helps you to boost its image, its functioning and makes it more appealing to investors. Firms such as this will most probably become unavoidable in the future, so it may be smart to jump on the train right now.
YouTube: EcoVadis Ratings Solution Overview
Photo credit: The feature image is symbolic and has been created by Christopher Isak with Midjourney for TechAcute.
