With corporate social responsibility (CSR) seeing the largest increase of any CPO priority between 2019 and 2021 (Deloitte 2021) and more than half of FTSE100 companies committing to carbon neutrality in 2021 (Ecoact 2021), it doesn’t need to be sold that sustainability in procurement is no longer a "nice to have" feature.
Some of the key reasons why companies are increasing their sustainability focus are reaching set targets, complying with customer and other stakeholder demands, improving supply chain transparency, and mitigating environmental impact, particularly emissions.
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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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