EcoVadis’ Global Compact study shows Discrepancies on Business Ethics and Sustainable Procurement Performance

July 25, 2012 Alessio Arcangeli

Paris, July 25, 2012. EcoVadis releases today an exclusive study, which assesses the CSR performance of more than 500 Global Compact participants.

Among the main findings, EcoVadis has uncovered that Global Compact participants are relatively less prepared to tackle issues related to the Global compact’s 10th Principle against Corruption. It also warns that a majority of them still do not live up to minimum requirements for a satisfactory sustainable supply chain management system.

While the 2011 edition of the Global Compact Implementation Survey has revealed that “only 18% of Global Compact participants report not taking sustainability issues into account at all with respect to suppliers”, the EcoVadis study emphasizes that more than 50% do not translate policies into practical implementation measures in the supply chain.

The research is a first step towards an assessment of Global Compact participants’ performance on CSR issues. It aims is to stimulate further research, dialogue and innovation towards an effective implementation of the UNGC principles and goals. It is based on a sample of more than 3,500 companies and benchmarks the performance of more than 500 Global Compact participants from 2008 to 2011.

Download the EcoVadis Study “Leading the Way: UN Global Compact Participants and CSR Performance” here:
EcoVadis 2011 UN Global Compact study.pdf

About EcoVadis:
EcoVadis operates the 1st SaaS collaborative platform helping major companies assess their suppliers’ environmental and social performance. EcoVadis combines an information system and a network of CSR analysts in order to provide buyers with simple and reliable information covering 150 purchasing categories, 150 countries, and 21 indicators (ranging from “CO2 emissions” to “child labour”). EcoVadis solutions can help businesses reduce risks and improve their suppliers’ performance. 50 major international groups use EcoVadis to assess their suppliers’ CSR performance. In a study, UNEP/Global Compact mentioned that “Businesses should use databases like EcoVadis (…) for they collect and distribute data about suppliers and they provide buyers with an integrated supplier assessment tool focused on Sustainable Development indicators.”

Press contacts: Aude Chagnon, Tel: +33 1 82 28 88 88, achagnon@ecovadis.com

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