Division of world-leading medical technology company taps EcoVadis to drive strategic imperatives and increase competitive differentiation through sustainable procurement
EcoVadis, the world’s leading provider of sustainability ratings, today announced its one-year program anniversary with Stryker’s Sustainability Solutions (Stryker), a leading provider of reprocessing and remanufacturing services for single-use medical devices. Together, the two companies are fostering more responsible business practices and transparency throughout the global healthcare value chain.
Stryker’s Sustainability Solutions division plays a leading role in the larger organization’s corporate responsibility (CR) strategy. EcoVadis is advancing the division’s goals by delivering a new level of visibility across its supply base. By being able to identify high-performing and responsible suppliers, share best practices within its network and benchmark performance against peers, Stryker’s Sustainability Solutions reduces risk, drives sustainable product innovation and creates positive bottom-line impact.
EcoVadis was chosen by Stryker’s Sustainability Solutions for its strong reputation, proven track record and breadth and depth of industry expertise. In addition to program support and implementation, EcoVadis helps Stryker’s Sustainability Solutions set long-term goals and find new ways to leverage its sustainability performance to recruit talent, engage employees and compete in the market.
“Responsible supply chain plays a key role in our plans to improve global healthcare. Our team sees and values the incredible societal and business opportunity that can be derived from instilling responsible, environmentally-friendly practices in the lives of our employees, partners, customers and community,” said John Clancy, senior director of sourcing at Stryker. “Working with EcoVadis helps us be good stewards in all our daily business and motivates us to set and achieve bold, impactful CR goals.”
By 2025, Stryker’s Sustainability Solutions plans to have 80% of total production supplier spend achieve an EcoVadis score of greater than 45, indicating they are engaged on sustainability issues.
“The supply chain is an extremely powerful lever for driving sustainability improvements and positive business outcomes. Engaging suppliers and ensuring their ownership of performance is the critical first step,” said Pierre-Francois Thaler, Co-CEO of EcoVadis. “We’re excited to continue to partner with Stryker and enable their team to take its responsible procurement program to the next level.”
To learn more about how EcoVadis helps the world’s organizations on their sustainability journeys, please visit here.
EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200 purchasing categories and 160 countries. Industry leaders such as Johnson & Johnson, Verizon, L’Oréal, Subway, Nestlé, Salesforce, Michelin and BASF are among the more than 65,000 businesses on the EcoVadis network, all working with a single methodology to evaluate, collaborate and improve sustainability performance in order to protect their brands, foster transparency and innovation, and accelerate growth. Learn more on ecovadis.com, Twitter or LinkedIn.
Stryker is one of the world’s leading medical technology companies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. More information is available at www.stryker.com.
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