EcoVadis in the Press - Articles and bylines
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January 20, 2020 12:02 AM
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100,000 Assessments: Is There Progress in Achieving Supply-Chain Sustainability? 

100,000 Assessments: Is There Progress in Achieving Supply-Chain Sustainability?  | EcoVadis in the Press - Articles and bylines | Scoop.it

What’s to be learned from 100,000 assessments of sustainability in global procurement?
Since 2008, EcoVadis has conducted detailed assessments of companies’ adherence to environmental protection, labor and human rights, and business ethics within their global procurement organizations. A hundred thousand assessments later, some clear trends and lessons have emerged. On this episode, we speak with Sylvain Guyoton, senior vice president of research with EcoVadis.

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July 3, 2:13 AM
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EcoVadis: How Can Supply Chains Adapt to CSDDD Regulations? | Supply Chain Magazine

EcoVadis: How Can Supply Chains Adapt to CSDDD Regulations? | Supply Chain Magazine | EcoVadis in the Press - Articles and bylines | Scoop.it
Pete Rau helps drive EcoVadis’ mission to enable sustainable action from insight in his role as VP of Enablement and Solution Consulting. 

His background in sustainability and supply chains has enabled him to lead a team who are passionate about helping customers understand and apply the value of EcoVadis solutions.

EcoVadis, a global company dedicated to embedding sustainability intelligence into every business decision worldwide, produces detailed insights to comply with ESG regulations and sustainability goals.  
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June 19, 4:01 AM
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Accelerating Sustainability Goals with Actionable Intelligence

Accelerating Sustainability Goals with Actionable Intelligence | EcoVadis in the Press - Articles and bylines | Scoop.it

BeyondNetZero Managing Director Rhea Hamilton speaks with Frédéric Trinel, Co-Founder and Co-CEO of EcoVadis, about building what has become a leading sustainability rating system from the ground up. Frédéric reflects on scaling the company globally to meet clients where they are and supporting clients’ climate goals by providing enterprises with impactful intelligence to improve their sustainability standing.

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May 31, 2:57 AM
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Accelerating Sustainability Goals with Actionable Intelligence

BeyondNetZero Managing Director Rhea Hamilton speaks with Frédéric Trinel, Co-Founder and Co-CEO of EcoVadis, about building what has become a leading sustainability rating system from the ground up. Frédéric reflects on scaling the company globally to meet clients where they are and supporting clients’ climate goals by providing enterprises with impactful intelligence to improve their sustainability standing.
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April 1, 4:44 AM
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Functional Transformations: The State of Procurement in 2024

Functional Transformations: The State of Procurement in 2024 | EcoVadis in the Press - Articles and bylines | Scoop.it

Procurement, once seen as a traditional back-office function, has transformed into a strategic powerhouse that can drive organizational success.

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January 11, 11:32 PM
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Consumers & Investors Drive Decarbonization Efforts

Although the Environmental Protection Agency reports 90 percent of organizations’ greenhouse gas emissions come from their supply chains, driving decarbonization at scale remains a challenge because many businesses don’t know where to begin on their decarbonization journeys, according to sustainability consultancy EcoVadis.  To achieve greater impact, companies need to get more precise in reporting their carbon footprint – down to the individual products, components and services they are buying.

Earlier this year EPSNews Editor-in-Chief Barb Jorgensen spoke with Julia Salant, EcoVadis’ general manager, carbon solutions, about the organization’s 2023 Carbon Action Report and tools, such as EcoVadis’ Carbon Action Module, that assist businesses with their decarbonization efforts. Here are excerpts from the conversation.
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December 14, 2023 3:17 AM
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New Year Insights for the procurement solutions and services marketplace 2024: EcoVadis

New Year Insights for the procurement solutions and services marketplace 2024: EcoVadis | EcoVadis in the Press - Articles and bylines | Scoop.it
For several years now, Spend Matters has been collecting and publishing a series of articles about procurement, supply and services trends for the year ahead from expert tech and service providers in the market.

This year we’re highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them.

Our series runs from mid-December to mid-January, then our senior analysts will wrap up with their own take on the key themes that emerge.

In no order of preference, other than by the date they arrived in our inbox, today let’s hear from Julia Salant, general manager, carbon solution at EcoVadis.
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November 6, 2023 1:23 AM
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California Climate Disclosure Rule Spurs Supply Chain Overhaul

California Climate Disclosure Rule Spurs Supply Chain Overhaul | EcoVadis in the Press - Articles and bylines | Scoop.it
Scope 3 data won’t be required under the California law until 2027, while the mandate to report emissions under Scopes 1 and 2—from operations and outputs from energy use—starts in 2026. When signing the bill, however, Newsom said that the deadlines are likely infeasible and that his administration will work to address the issue.

But some businesses will want to get a head start on the California law by voluntarily reporting ahead of the requirements. It’s an opportunity “to manage risk and control the narrative,” said EcoVadis’s Salant.
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September 29, 2023 2:34 AM
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The Market Speaks: Procurement practitioner requirements and the tech vendor response — EcoVadis

The Market Speaks: Procurement practitioner requirements and the tech vendor response — EcoVadis | EcoVadis in the Press - Articles and bylines | Scoop.it
Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. But we also endeavor to grow our understanding of the wants and needs of the customers using that tech – the practitioners.

In one series of interviews this summer and through to the end of the year, we are talking to vendors about what their customers really want from them and how they are proposing to address those needs. In a second one, we are talking to the end users about their expectations and requirements.

This week we spoke with Emily Rakowski, Chief Marketing Officer, EcoVadis.
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August 3, 2023 4:56 AM
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Stay with ESG Goals, They’re Good for Business and the World

Stay with ESG Goals, They’re Good for Business and the World | EcoVadis in the Press - Articles and bylines | Scoop.it

Sustainability in business has reached beyond gathering metrics and pleasing stakeholders. It’s become a mission unto itself. This sentiment was embodied in the statement that Richard Eyram, chief customer officer at EcoVadis made when he was appointed to his current position. “We have a once-in-a-lifetime opportunity to transform businesses across the globe into a force for good,” he said. He sees the role of his company, to “engage and inspire an entire generation of business leaders to make sustainability a priority and drive the positive impact our plant and society desperately need.”

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June 20, 2023 2:32 AM
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The start of a new chapter in Europe’s tech growth

The start of a new chapter in Europe’s tech growth | EcoVadis in the Press - Articles and bylines | Scoop.it
Expert interviews
What does it take to build a billion-dollar company? What are the critical success factors for European tech? How to remain resilient in a challenging market and benefit from economic downturns? This year’s report features expert views from leading founders and CEOs, including Oyster HR, Personio, Neo4j, Dataiku, and EcoVadis.
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May 17, 2023 7:54 AM
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How can the green jobs boom avoid leaving workers behind? | Context

How can the green jobs boom avoid leaving workers behind? | Context | EcoVadis in the Press - Articles and bylines | Scoop.it
Nicole Sherwin, senior vice president for executive customer advisory and strategy - who joined EcoVadis more than 12 years ago when it was a startup - said many younger candidates want to work with firms that address climate change and human rights.

"They know about these issues, they know why they matter - and there is an expectation specifically for companies to be doing something about it," she said.

As awareness of the need for a greener and more ethical approach to procurement builds among managers, suppliers of goods like palm oil or clothing are having to respond by adding sustainable expertise in-house, Sherwin said.
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April 21, 2023 3:43 AM
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More sustainable business is more profitable business, study finds

Published by Bain & Company and EcoVadis, the study covers 80,000 private companies and a further 20,000 listed companies. It was global, with results tracked from businesses in an array of countries and sectors.

While not every business working to improve its environmental and social impact recorded revenue growth and earnings, the majority did. And, in all cases, the study found “no strong negative correlation”.

The study highlights four strongly positive correlations between ESG and profitability. One of these is that businesses with the most satisfied employees have three-year revenue growth up to 6% above those in their sectors with the least satisfied employees. 2019 to 2021 is the three-year period assessed. Additionally, at firms with the least satisfied employees, the average net income margin was 10%. At firms with the most satisfied staff, this increases to 16%.
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March 15, 2023 3:20 AM
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Pushing Sustainability in Procurement - Madhur Aggarwal, EcoVadis

Pushing Sustainability in Procurement - Madhur Aggarwal, EcoVadis | EcoVadis in the Press - Articles and bylines | Scoop.it

Techstrong TV’s Bonnie Schneider speaks with Madhur Aggarwal, chief product officer at EcoVadis, about helping organizations assess and engage with their suppliers on sustainability performance. Plus learn about Ecovadis’s partnership with Microsoft, and the future of sustainability assessments.

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June 20, 5:05 AM
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Decarbonisation Dialogues: Navigating the EcoVadis Network for Climate Impact

Decarbonisation Dialogues: Navigating the EcoVadis Network for Climate Impact | EcoVadis in the Press - Articles and bylines | Scoop.it
In this week’s episode, I had the privilege of talking to Julia Salant from EcoVadis, where we tackled the increasingly essential role of technology in scaling up sustainable practices within supply chains. Julia elucidated EcoVadis' digital solutions, designed to assess and improve the sustainability performance of their vast network of companies.
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May 31, 3:00 AM
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Five strategies to make procurement more sustainable - Supply Chain Management Review

Five strategies to make procurement more sustainable - Supply Chain Management Review | EcoVadis in the Press - Articles and bylines | Scoop.it

Giving sustainability practices a prime spot on the company’s procurement agenda helps reduce costs and improve brand reputation and stakeholder relationships. A recent report from Accenture and EcoVadis has found that “delivering on corporate sustainability goals and commitments” is a top driver of 71% of procurement programs in 2024—a 13% increase compared to 2021.

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May 7, 12:34 AM
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On the Decarbonization Journey: A Strategic Approach to Supply Chain Sustainability | SupplyChainBrain

Analyst Insight: Increasing pressures from investors and customers, coupled with a surge in climate change regulations, are forcing supply chains to transition to sustainable practices and curb their carbon footprint. At the heart of this effort is the imperative to reduce greenhouse gas (GHG) emissions, with a focus on Scope 1, Scope 2 and, increasingly, Scope 3 emissions.

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April 1, 4:38 AM
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How the Red Sea Crisis could scupper shipping industry climate targets | BusinessGreen News Analysis

How the Red Sea Crisis could scupper shipping industry climate targets | BusinessGreen News Analysis | EcoVadis in the Press - Articles and bylines | Scoop.it

Recent analysis finds more than 4,000-mile detour to avoid Red Sea attacks could dramatically increase global shipping industry's carbon emissions
A wave of CO2 emissions caused by diverting commercial shipping around the southern tip of Africa to avoid attacks by Houthi rebels in the Red Sea could jeopardise the industry's climate goals and damage...

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January 9, 1:31 AM
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The procurement alliance boosting hospitality sustainability | Procurement Magazine

The procurement alliance boosting hospitality sustainability | Procurement Magazine | EcoVadis in the Press - Articles and bylines | Scoop.it

The Hospitality Alliance for Responsible Procurement (HARP) is an EcoVadis-powered sector initiative by a group of international hospitality companies and their key Global Procurement Organisations: Accor, Hilton, IHG Hotels & Resorts, Marriott International, Radisson Hotel Group, Avendra and Entegra.

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November 6, 2023 1:26 AM
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Hospitality Cos., EcoVadis Launch Sustainability Alliance

Hospitality Cos., EcoVadis Launch Sustainability Alliance | EcoVadis in the Press - Articles and bylines | Scoop.it

Corporate sustainability management company EcoVadis launched the Hospitality Alliance for Responsible Procurement, or HARP, with founding members Hilton Worldwide, Marriott International, Radisson Hotel Group, Accor and IHG Hotels & Resorts. The alliance also includes procurement organizations Avendra and Entegra.

HARP acts as a collaborative corporate sustainability initiative to rate hotel suppliers—cleaning product providers, laundry services, food and beverage suppliers and others—using EcoVadis' scorecard ratings to identify providers that will contribute to sustainable procurement practices and eco-friendly operations across the industry.

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November 6, 2023 1:22 AM
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Supplier Engagement And Schneider Electric’s Sustainability Journey

Supplier Engagement And Schneider Electric’s Sustainability Journey | EcoVadis in the Press - Articles and bylines | Scoop.it

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. As corporations announce plans to be Net Zero across their end-to-end supply chain at some point in the future – often 2050 – they then need their suppliers to participate in helping them meet their goals. Corporations are kicking off these initiatives both because their customers expect it and because of increasing regulatory pressure. Increasingly, companies will take sustainability criteria into account in their purchasing decisions.

Large corporations often have thousands, sometimes tens of thousands, of direct material suppliers. Getting suppliers to participate is a gargantuan task. Increasingly, EcoVadis is becoming known as the go to organization to help corporations accelerate this journey to collect upstream supplier environmental, social, and governance data. 

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September 4, 2023 2:09 AM
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Unlocking Supply Chain Compliance Means Starting With Procurement Function

Unlocking Supply Chain Compliance Means Starting With Procurement Function | EcoVadis in the Press - Articles and bylines | Scoop.it
The modern supply chain is a bit of a trapeze act: complex, requiring precision and potentially devastating if things go wrong. Pete Rau of EcoVadis invites companies to return to basics — it all starts with procurement.
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July 26, 2023 1:37 AM
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Leading supply chain sustainability platforms 

Leading supply chain sustainability platforms  | EcoVadis in the Press - Articles and bylines | Scoop.it

Leading supply chain sustainability platforms include EcoVadis, Sourcemap, Assent, MS Sustainability Cloud, OneTrust, Achilles & Avetta.

 

With sustainability now a boardroom priority because of stakeholder pressure and expectations, supply chains are an urgent point of focus – and this has given rise to a welter of cloud-based ESG and risk-management platforms. 

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May 17, 2023 7:55 AM
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Driving Sustainable Change in the Supply Chain at Scale | SupplyChainBrain

Driving Sustainable Change in the Supply Chain at Scale | SupplyChainBrain | EcoVadis in the Press - Articles and bylines | Scoop.it
In the past year, the global economy and supply chains were tested by a series of new and existing challenges, including a rise in disruptions caused by climate change, stalled progress on reducing global poverty, and a surge in modern slavery. In addition, Russia’s invasion of Ukraine created a humanitarian crisis and contributed to inflation, energy volatility and sluggish economic growth. 

Complex sustainability challenges such as these cannot be addressed in isolation. The private sector is being urged to work together and take advantage of global supply chain interconnectivity, to drive sustainable change at scale.
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May 17, 2023 7:53 AM
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Supply chains: can monitors and packaging be sustainable?

Supply chains: can monitors and packaging be sustainable? | EcoVadis in the Press - Articles and bylines | Scoop.it
Recent European supply chain due diligence laws, such as the Germany’s Act on Corporate Due Diligence Obligations in Supply Chains (LkSG) and EU’s Corporate Sustainability Due Diligence Directive, are now setting more perspective requirements for supply chain responsibility, says Pete Rau, vice president of solution consulting at EcoVadis, a provider of business sustainability ratings.

“We believe these new regulations are a good sign for levelling the playing field and raising everyone’s game and should apply to pharma companies as they would any other industry,” he says.
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April 10, 2023 7:16 AM
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Nordic Capital and EcoVadis form pioneering partnership to strengthen sustainable procurement within the portfolio

Nordic Capital and EcoVadis form pioneering partnership to strengthen sustainable procurement within the portfolio | EcoVadis in the Press - Articles and bylines | Scoop.it
In line with its focus on sustainability, Nordic Capital has partnered with EcoVadis, a trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Offering support at every stage of the procurement process, this innovative partnership will enable Nordic Capital’s portfolio companies to increase resilience and transparency, while also reducing costs.
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