EcoVadis, a provider of sustainable procurement ratings, conducted a separate study of over 20,000 companies, examining how well they’re progressing on adopting the UN’s Global Compact Principles, which are similar but not identical to the aforementioned Guiding Principles (it gets confusing, doesn’t it?). The most telling takeaway from the EcoVadis study is that small and medium-sized companies tend to perform better on addressing CSR issues than do the large global companies, which the study attributes to the smaller companies’ ability to act faster.
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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 150,000+ 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.
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