Companies across the globe, of all sizes and maturity, continue to improve their sustainability performance and build upon ongoing progress to implement positive sustainable practices across their value chains, according to new insight from EcoVadis.
"Companies who work with their value chain on a ratings and improvement cycle can comply with due diligence regulations and manage risks by helping their suppliers move above the risk zone, as well as enable solid performers to reach more advanced levels that contribute to sustainability, net-zero and other ESG goals,” says Sylvain Guyoton, chief rating officer at EcoVadis. “It is particularly encouraging to see companies progress on the Sustainable Procurement theme as it is the most powerful lever available for driving positive environmental and social change.”
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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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