EcoVadis is another entity to employ technology to monitor factory conditions. It provides an online platform that enables buyers and suppliers to collaborate around performance monitoring and corrective action, said Michael Smith, senior corporate social responsibility analyst. Information culled from supplier questionnaires is combined with outside supporting documentation to create a score for each manufacturer.
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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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