“When it comes to our immediate supply chain of 60,000+ suppliers,” says Thomas, “we have a typical segmentation process that looks at risk profiles, business impact and the nature of the relationship. We use those to promote transparency and drive engagement. We agree and communicate that if a supplier wants to become or remain strategic, and be treated preferentially — and lets use the analogy of gathering air miles for that — they have to show leadership and sustainable practices, which for us means a minimum evaluation of 45 by EcoVadis. Without this, a supplier loses its air miles and becomes transactional, with less access to opportunities. It means for both parties that sustainability is being taken very seriously.
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EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.
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