Looking at the selection criteria for OEMs, pricing is still in the top spot, before topics like safety and sustainability. Do you think the pandemic will strengthen the focus on pricing or will it give criteria around safety and sustainability more importance?
"There was an understandable movement by some companies to further reduce their costs to help weather the COVID-19 cashflow storm. However, most organisations continue to balance TCO along with their wider corporate objectives. For example, we find our high score in the Ecovadis independent CSR evaluation is given an increasingly high weighting by companies, along with the wider “fit for purpose” attributes behind our cars, together with the Volvo Cars brand promise supporting their own environmental and employee duty of care targets."
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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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