Sustainability Intelligence Suite Provides Organizations with Robust Ratings & Insights to Remain Compliant & Drive Positive Impact Across the Supply Chain
PARIS & NEW YORK – November 6, 2024 – EcoVadis, the globally trusted sustainability intelligence platform, has been named as a market leader for supply chain sustainability software by independent research and advisory firm Verdantix. The EcoVadis IQ Plus and the Sustainability Intelligence Suite received high scores for its third party risk management capabilities. EcoVadis also scored above average for industry benchmarking and risk identification and mitigation.
When evaluating how firms can benefit by using EcoVadis scorecards, The Verdantix Green Quadrant: Supply Chain Sustainability Software 2024 report notes “the EcoVadis scorecards promote an industry standard for ESG performance, which helps firms set consistent and pragmatic sustainability goals that incorporate their suppliers’ sustainability maturity and resources.”
The EcoVadis Sustainability Intelligence Suite distinction comes at a time when more organizations are using ratings in their supply chains to reduce risk, build resilience, and prepare for supply chain compliance obligations such as the California SB-253 Climate Disclosure Act, Modern Slavery Acts, new EU reporting due diligence laws, and more. In turn, suppliers are also enhancing their relationships with business partners so they can reduce operational risks, enhance efficiency, save costs and collect better data.
“The enhancements we’ve made to our IQ Plus and Carbon Action Manager offerings with AI- and ML-enabled tools, in addition to our acquisition of Ulula, a human rights technology and analytics company, strengthen our commitment to help the 130,000-plus organizations who rely on us to remain compliant and competitive,” said Pierre-Francois Thaler, co-founder and co-CEO of EcoVadis. “We envision a global marketplace where sustainability intelligence influences every business decision. The new research from Verdantix helps organizations navigate a growing sustainability software market so they can make smart decisions that are good for both business and the planet.”
The Verdantix Green Quadrant: Supply Chain Sustainability Software 2024 report provides a benchmark of the most prominent supply chain sustainability software providers in the market. The report finds that “corporations cannot meet their ESG and sustainability goals without untangling the intricacies of their supply chains. Ongoing scrutiny - from regulators, investors and customers - and higher exposure to environmental and geopolitical risks, has highlighted the need for sustainability, procurement, risk and operations teams to improve transparency and embed ESG considerations into supply chain decision-making. Supply chain sustainability software empowers corporates to address sustainability data challenges in the supply chain, identify exposure to risks and ensure collaboration with suppliers.”
To read the full report, visit https://www.verdantix.com/report/green-quadrant-supply-chain-sustainability-software-2024
To learn how your organization can use sustainability intelligence to make smart business decisions and drive positive impact at scale across the supply chain, visit www.ecovadis.com/enterprise.
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About EcoVadis
EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. With global, trusted and actionable ratings, businesses of all sizes rely on EcoVadis’ detailed insights to comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 220 industries in 180 countries. Leaders like Johnson & Johnson, L’Oréal, Unilever, Bridgestone, BASF and JPMorgan are among 130,000+ businesses that use EcoVadis ratings, risk, and carbon management tools and e-learning platform to accelerate their journey toward resilience, sustainable growth and positive impact worldwide. Learn more on: ecovadis.com, X or LinkedIn.
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About Verdantix
Verdantix is the essential thought-leader for world-enhancing innovation. We support change-makers with our proprietary data, unique expertise and executive networks. Our impactful analysis is delivered via a digital platform, consulting engagements and in-person events to thousands of decision-makers in more than 100 countries. From offices in London, New York and Boston, the Verdantix research team applies the principles of rigour, accuracy and curiosity to help our globally distributed clients solve their most complex challenges. verdantix.com.
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