EcoVadis in the Press - Articles and bylines
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COVID-19: How a Global Pandemic Could Accelerate the Energy Transition

COVID-19: How a Global Pandemic Could Accelerate the Energy Transition | EcoVadis in the Press - Articles and bylines | Scoop.it
Pierre-Francois-Thaler, co-founder and co-CEO of EcoVadis - a provider of business sustainability ratings and intelligence – draws similarities between the climate crisis and COVID-19. Both are global and ongoing, he says, and both are creating havoc, if not disruption, among millions of lives.

“The two are non-linear in the sense that ‘socioeconomic impact grows disproportionately once certain thresholds are breached,’” says Thaler, referencing an April McKinsey report, Addressing Climate Change in a Post-Pandemic World. “Both are risk multipliers, exposing and emphasizing weaknesses in the financial and healthcare systems.” In addition to bringing significant warnings, he elaborates, both crises are “regressive, and disproportionately affecting the weakest among us.”
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Supply chain sustainability sparks resilience, recovery and growth

Supply chain sustainability sparks resilience, recovery and growth | EcoVadis in the Press - Articles and bylines | Scoop.it
The criticality of business sustainability has never been more pressing. Momentum for the “purpose economy” has been building for years, most recently through major initiatives such as the Business Roundtable commitment and 2020 Davos Manifesto. For global enterprises, the supply chain has been the most effective channel for enacting change and accelerating progress.
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How to Gain Supply Chain Visibility During the Pandemic

How to Gain Supply Chain Visibility During the Pandemic | EcoVadis in the Press - Articles and bylines | Scoop.it
EcoVadis co-CEO and co-founder Pierre-Francois Thaler discusses alternatives to onsite audits for supply chain visibility during the covid-19 pandemic.
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Driving Value in the Purpose Economy: It Starts with Supply Chain

Driving Value in the Purpose Economy: It Starts with Supply Chain | EcoVadis in the Press - Articles and bylines | Scoop.it
Big business is making big moves when it comes to sustainability. As evidenced by 2019’s monumental Business Roundtable declaration that redefined corporate purpose; and more recently, Blackrock pledging to ditch investments with high sustainability-related risks, corporate accountability for social and environmental stewardship is building.
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Bain & Co. buys Ecovadis stake

Bain & Co. buys Ecovadis stake | EcoVadis in the Press - Articles and bylines | Scoop.it
Global consultancy Bain & Company has announced a minority investment in sustainability ratings firm EcoVadis, just weeks after private equity heavyweight CVC bought a $200m stake in the company. 

Bain & Company did not disclose its stake, or the amount paid, but said it would integrate EcoVadis’ sustainability ratings into its approach to corporate strategy, supply chain and procurement processes, indicating a “growing acknowledgment across the firm that the purpose of business must go beyond the singular focus of maximising shareholder value”.
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Bain & Company, along with private equity firm CVC, finalize terms of investment in EcoVadis to deliver cutting-edge environmental, social, governance intelligence to clients

Bain & Company, along with private equity firm CVC, finalize terms of investment in EcoVadis to deliver cutting-edge environmental, social, governance intelligence to clients | EcoVadis in the Press - Articles and bylines | Scoop.it
Bain & Company announced it has made a minority investment in EcoVadis, the world’s most trusted provider of business sustainability ratings for global supply chains. The collaboration will accelerate and deepen both companies’ offerings for improving the environmental, social and governance (ESG) performance of their collective clients.
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Bain invests in EcoVadis

Bain invests in EcoVadis | EcoVadis in the Press - Articles and bylines | Scoop.it
The consultant Bain & Co. announced that it has taken a minority investment in EcoVadis, a provider of business sustainability ratings for global supply chains. The amount wasn’t detailed, but a press release said the investment would help both companies with “the environmental, social and governance (ESG) performance of their collective clients.”
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Bain & Company has Made a Minority Investment in EcoVadis

Bain & Company has Made a Minority Investment in EcoVadis | EcoVadis in the Press - Articles and bylines | Scoop.it

The collaboration will accelerate and deepen both companies’ offerings for improving the environmental, social and governance (ESG) performance of their collective clients. Bain & Company has made a minority investment in EcoVadis, a trusted provider of business sustainability ratings for global supply chains. The collaboration will accelerate and deepen both companies’ offerings for improving the environmental, social and governance (ESG) performance of their collective clients.

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Companies Should Look to Sustainable Procurement to Boost Bottom Line 

Companies Should Look to Sustainable Procurement to Boost Bottom Line  | EcoVadis in the Press - Articles and bylines | Scoop.it
Building long-term sustainable value. That’s the main goal of the “purpose economy,” a way of doing businesses that transcends quarterly earnings and growth. But while it may sound costly, helping the planet can also benefit the bottom line, according to a new report by EcoVadis, a New York-based firm that provides procurement teams with sustainability…
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Looking Ahead: Operational Impacts of Supply Chain Disclosure, Due Diligence Laws

Looking Ahead: Operational Impacts of Supply Chain Disclosure, Due Diligence Laws | EcoVadis in the Press - Articles and bylines | Scoop.it
Supply chain globalization is creating economic opportunity for parts of the world previously left out of global trade, but the same forces that have provided greater access to jobs and cheaper goods for consumers have also fueled the deplorable and prevalent issues of modern slavery around the globe.
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Report: Sustainable Procurement Creates Proven ROI

Report: Sustainable Procurement Creates Proven ROI | EcoVadis in the Press - Articles and bylines | Scoop.it
Implementing responsible and sustainable procurement practices can improve supply chain performance and create proven ROI, according to a new report from EcoVadis.
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EcoVadis gets US$200m boost, eyes green growth

EcoVadis gets US$200m boost, eyes green growth | EcoVadis in the Press - Articles and bylines | Scoop.it

EcoVadis, a leader in sustainable supply chains, has agreed a US$200m investment from private equity firm CVC Growth Partners II to enable it to scale globally and engrain sustainability, fair labour practices and ethics into enterprise supply chains and business commerce. 

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EcoVadis Secures c. $200M Investment from CVC Growth Partners to Accelerate Adoption of Sustainability Ratings Throughout the Globalized Economy

EcoVadis Secures c. $200M Investment from CVC Growth Partners to Accelerate   Adoption of Sustainability Ratings Throughout the Globalized Economy | EcoVadis in the Press - Articles and bylines | Scoop.it

EcoVadis SAS, (“EcoVadis” or the “Company”), the world leader in business sustainability ratings for global supply chains, today announced that it has agreed to a c. $200 million investment from CVC Growth Partners II (“CVC Growth Partners”). This transaction represents one of the largest investments in the ESG space to date and reflects a shared long-term vision for the importance of ESG to business success. EcoVadis will leverage the funding to scale globally and ingrain sustainability, fair labor practices and ethics into enterprise supply chains and business commerce.

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Business Reporter: Sustainable Supply Chains Won't Just Help the Planet Survive, They Can Also Protect Your Business During a Pandemic

In an article for Business Reporter, Pierre-Francois Thaler, co-CEO and co-founder of EcoVadis, points out that sustainability in supply chains isn't just good for the planet, it can also generate revenue for those who buy into it. Indeed, 88 percent of studies have found that companies adhering to social or environmental standards experienced greater operational success. But a global pandemic represents huge challenges to supply chains. Procurement teams might end up inadvertently using less reputable sources in the rush to find alternative supplies, for example, leading to issues later down the line. Vendors could be hit by a data breach, or a critical plant closure. Any additional and preventable threats that disrupt supply continuity or damage brand reputation could be devastating.
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Commentary: What to do if Coronavirus canceled your sustainability audits – CSCMP's Supply Chain Quarterly

Commentary: What to do if Coronavirus canceled your sustainability audits – CSCMP's Supply Chain Quarterly | EcoVadis in the Press - Articles and bylines | Scoop.it
As coronavirus continues to threaten communities and businesses, companies can mitigate sustainability risk by maintaining supply chain visibility with ratings.
The effects of COVID-19 have devastated lives across the globe for months—and the Western Hemisphere is just now feeling the brunt of it. For many companies, the epidemic has also led to the cancellation of supplier on-site audits of social and environmental practices. The cancellations, while necessary, are leading to concerns that the disruption will threaten sustainability practices and create blind spots in safety and labor conditions.

But businesses don't need to completely compromise supply chain visibility and control during these trying times. To ensure ethical and sustainable business continuity in the supply chain, companies first need to understand the risk and impact of canceling audits and then find helpful alternatives. Third-party supplier sustainability ratings are one alternative that can help provide resilience through the crisis.
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Groupe PSA, Henkel, L’Oréal and The Estée Lauder Companies Recognized by EcoVadis for Sustainable Procurement Excellence

Groupe PSA, Henkel, L’Oréal and The Estée Lauder Companies Recognized by EcoVadis for Sustainable Procurement Excellence | EcoVadis in the Press - Articles and bylines | Scoop.it
EcoVadis, the world’s leading provider of sustainability ratings, announced last week the winners of its fourth annual Sustainable Procurement Leadership Awards and Sustainability Leadership Awards, including Groupe PSA, Henkel, L’Oréal and The Estée Lauder Companies. Winners were recognized at EcoVadis’ annual Sustain conference. 
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How Ecovadis and Bain Aim to Make Supply Chains More Sustainable 

How Ecovadis and Bain Aim to Make Supply Chains More Sustainable  | EcoVadis in the Press - Articles and bylines | Scoop.it

As the demand for traceable and verifiable aspects of corporate responsibility and supply chains grows, companies are making the investments those commitments require.
Management consulting firm Bain & Company has made a minority investment in EcoVadis, a provider of business sustainability ratings for global supply chains. The companies said the collaboration will accelerate and deepen both of their offerings for improving the environmental, social and governance (ESG) performance of their collective clients.

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Bain & Company, along with private equity firm CVC, finalize terms of investment in EcoVadis to deliver cutting-edge environmental, social, governance intelligence to clients 

Bain & Company, along with private equity firm CVC, finalize terms of investment in EcoVadis to deliver cutting-edge environmental, social, governance intelligence to clients  | EcoVadis in the Press - Articles and bylines | Scoop.it
Bain & Company today announced it has made a minority investment in EcoVadis, the world’s most trusted provider of business sustainability ratings for global supply chains. The collaboration will accelerate and deepen both companies’ offerings for improving the environmental, social and governance (ESG) performance of their collective clients.
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Bain & Company buys stake in ESG platform EcoVadis

Bain & Company buys stake in ESG platform EcoVadis | EcoVadis in the Press - Articles and bylines | Scoop.it

Bain & Company, one the world’s leading strategy and management consultancies, has picked up a minority stake in business sustainability ratings and intelligence firm EcoVadis.

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Bain & Company, Along With Private Equity Firm CVC, Finalize Terms

Bain & Company, Along With Private Equity Firm CVC, Finalize Terms | EcoVadis in the Press - Articles and bylines | Scoop.it
New collaboration enables further integration of sustainability, fair labor practices and ethics into enterprise supply chains and business commerce

Bain & Company announced it has made a minority investment in EcoVadis, the world’s most trusted provider of business sustainability ratings for global supply chains. The collaboration will accelerate and deepen both companies’ offerings for improving the environmental, social and governance (ESG) performance of their collective clients.
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Take action for sustainable supply chains

Take action for sustainable supply chains | EcoVadis in the Press - Articles and bylines | Scoop.it
Sustainability is procurement’s “burning platform”, according to Pierre-Francois Thaler, co-CEO of EcoVadis.

Procurement professionals are in an ideal position to address sustainability issues as supply chain is the biggest lever for change, says Thaler, who recommends working with suppliers, collaborating to reach truly innovative solutions. And he points to two examples of businesses working together successfully to achieve specific aims:
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Closing the Sustainability Gap in Construction

Stakeholder and societal requests for responsible corporate practices are echoing across the globe, and companies of all types are answering the call. Initiatives such as the Business Roundtable’s statement of purpose and the United Nations Global Compact’s Business Ambition for 1.5°C are the latest examples of increasing urgency to improve sustainability efforts.
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What 100k Assessments Taught Us About Supply Chain Sustainability

What 100k Assessments Taught Us About Supply Chain Sustainability | EcoVadis in the Press - Articles and bylines | Scoop.it
At EcoVadis, we recently reached a major milestone on our road to improving sustainability and CSR performance across global supply chains — our 100,000th sustainability assessment. Since our first assessment in January 2008, we have collected data on more than 55,000 suppliers in 198 industries from 150 countries. Believe me, much has changed over the years.
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Good Business: BlackRock on Board

Good Business: BlackRock on Board | EcoVadis in the Press - Articles and bylines | Scoop.it
CVC Growth Partners invested $200 million in sustainability ratings company EcoVadis in a bid to accelerate adoption. 
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January 10 2020 Edition of This Week In Supply Chain Management Tech 

January 10 2020 Edition of This Week In Supply Chain Management Tech  | EcoVadis in the Press - Articles and bylines | Scoop.it
EcoVadis SAS, a provider of business sustainability ratings for global supply chains, has announced that it has agreed to a $200 million investment from private equity firm CVC Growth Partners II. This transaction represents one of the largest investments in the ESG space to date and reflects a shared long-term vision for the importance of the area to business success.
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