Sustainable Procurement Helped Suppliers Endure the COVID-19 Crisis
According to the Barometer, 71% of suppliers surveyed agreed that their sustainable procurement practices helped them endure the widespread disruption caused by the pandemic. This was even greater than the number of buyers (63%) that felt buoyed by similar efforts, a signal that suppliers should actively build resilience rather than waiting for buyers to “cascade” benefits down the supply chain.
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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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