If you are looking for the upcoming changes to our medals program, you’ve come to the right place. In 2024, we will be introducing a few changes to our medals program to ensure that we remain aligned to the changing regulatory landscape and the evolving role of sustainability in business, while also maintaining our high standards and protecting against increasing instances of greenwashing in the market. We will continue to award top performers while also recognizing companies that are getting started on their sustainability journey.
The EcoVadis Medals Program recognizes eligible companies that have completed the EcoVadis assessment process and demonstrated a relatively strong management system that addresses sustainability criteria, as outlined in the EcoVadis methodology.
EcoVadis Medal Levels
EcoVadis medals will be awarded to companies in the top 35 percentile across all EcoVadis rated customers. Below are the updated medal levels:
Calculation of EcoVadis Medals
From 2024 onward, medals will be awarded on the basis of percentile thresholds, rather than the previously used score range for each medal level. The percentile rank of a company is calculated at the time of scorecard publication and appears at the top of the online scorecard. The percentile compares a company’s performance with all rated companies in our database over the previous 12 months.
Eligibility Criteria for EcoVadis Medals
We have reviewed and revised our eligibility criteria to reflect global regulation requirements, sustainability frameworks and best practices. Companies must meet the following eligibility criteria to earn an EcoVadis medal:
A minimum score of 30 in each of the four sustainability themes
Labor & Human
Restrictions on negative 360° Watch News Findings
A company may be ineligible for a medal if they have any of the below 360° Watch Findings:
- 1 severe (SEV) finding in any theme
- 1 or more major (MAJ) findings in 2 or more themes
- More than 5 major (MAJ) findings in any single theme
Please note more than 25 minor (MIN) findings in any single theme is considered a severe (SEV) finding* and 5 or more minor (MIN) findings in any single theme is considered a major (MAJ) finding*.
*Not applicable to Large companies. Large companies will be ineligible for a medal if the total number of minor findings is greater than 50.
For impact on the EcoVadis score and other details on the 360° Watch methodology, please download “EcoVadis 360° Watch: A Key Component of the Assessment Methodology”, available on your EcoVadis platform (under the EcoVadis Assessment tab in the Useful Resources page).
Please note that companies doing business in specific industries may not be eligible for EcoVadis medals or badges. Currently these include but are not limited to manufacturing of tobacco products, manufacturing of weapons and ammunition, mining of coal and lignite, and companies with substantial revenue from coal sources and/or portion of coal based power generation.
These guidelines are subject to periodic review.
We are pleased to announce the addition of two new badges which will recognize companies that are making meaningful progress in their sustainability journey.
Eligibility Criteria for EcoVadis Badges
Companies must meet the following eligibility criteria to earn an EcoVadis Badge in 2024:
- Committed Badge: A minimum score of 45 (representing ‘Good’ performance in the EcoVadis Methodology)
- Fast Mover Badge: A score between 34-44 with a minimum 6 point improvement vs. the previous assessment in an 18 month period
Note: Companies that earn an EcoVadis medal are not eligible for an EcoVadis badge.
Restrictions on negative 360° Watch News Findings
A company is ineligible for a badge if they have a severe (SEV) 360° Watch finding in any theme.
For more details on 360° Watch Findings and restricted industries, please refer to the medals section above.
You’ve earned a Medal or a Badge. Now what?
Congratulations on earning your EcoVadis medal or badge, it’s time to share your achievements and inspire others!
In 2024, we will be enhancing the medal design to include functionality for medal authentication. Each medal will link to a public profile, which will enable eligible companies to promote their performance with key stakeholders.
EcoVadis customers who have an active Premium, Select, or Corporate subscription can promote their medal/badge publicly.
If you are a Basic Subscription holder and would like to promote your medal or badge publicly, you may upgrade your subscription now.
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What do EcoVadis Medals & Badges mean?
The EcoVadis medal or badge is an acknowledgement of achievement relative to other assessed companies across the EcoVadis database.
An earned medal or badge does not mean a company has no room for improvement nor any potential weaknesses in their sustainability practices. It serves as an indicator of positive intent as assessed companies strive to improve their sustainability management performance and drive impact.
An EcoVadis medal or badge is NOT an endorsement of a company nor its products/services, and it does not indicate that the company’s products are specifically sustainable or more sustainable than another company’s products.
The EcoVadis medal or badge, as well as the EcoVadis logo, may not be placed on any product or used by an entity (eg: subsidiary) which has not been assessed.
Read more about the current medal usage policy here.