Sustainability Ratings Platform Recognized for Enabling PE Firms to Evaluate & Improve the ESG Performance of Their Portfolio Companies
PARIS & NEW YORK - March 23, 2022 - EcoVadis, the leading provider of business sustainability ratings, today announced that it has been named a winner of the Best ESG Advisory category for service providers in the 2023 Private Equity Wire European Awards. This year’s winners represent the best in the European private equity (PE) industry, from fund managers to service providers, covering all areas of the PE ecosystem.
International initiatives like the UN Global Compact (UNGC), Science Based Targets initiative (SBTi) and others, are urging the financial sector to direct its resources towards driving ESG adoption in the PE industry. With globally recognized ratings, expansive network of more than 100,000 rated companies, the EcoVadis solution is already helping more than 20 PE firms to not only evaluate the ESG performance of their portcos but also providing them scorecards and innovative resources designed to meet companies at any stage of their sustainability journey and help drive improvements.
“With 80,000+ private company scorecards already in the database and a methodology and platform well-adapted to those profiles, our PE business got a huge head start. Capital partners backing these business and trading partners have a unique opportunity to accelerate impact at scale,” says Sandra Gray, Private Equity, Head of Global Sales at EcoVadis. “This award validates the work EcoVadis is doing to enable private equity firms to integrate environmental, social and governance principles into their decision-making processes and to generate value and positive change.”
The service provider category nominees are based on a widespread survey of more than 100 GPs and other key industry participants. For a complete list of the 2023 Private Equity Wire European Award winners and further details on the methodology, visit https://awards.privateequitywire.co.uk/european-awards.
For more information about how EcoVadis create value and drives impact in sustainable finance, visit https://ecovadis.com/solutions/sustainable-finance.
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 monitor and improve the sustainability performance of their business and trading partners. Its actionable scorecards, benchmarks, carbon action tools, and insights guide an improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries. Industry leaders such as Johnson & Johnson, L’Oréal, Unilever, LVMH, Bridgestone, BASF and JPMorgan are among the 100,000 businesses that collaborate with EcoVadis to drive resilience, sustainable growth and positive impact worldwide. Learn more on ecovadis.com, Twitter or LinkedIn.
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