In what needs to be a transformative decade, the private sector is increasingly being called upon to leverage the interconnectedness of global value chains to address complex sustainability challenges. This report explores how EcoVadis is helping companies respond to these calls by enabling them to collaborate with their trading partners to drive improvement and scale sustainable change. It also highlights the progress that the more than 100,000 rated companies in our network are making on measuring and reporting the positive outcomes – or impact – of this journey.
This edition features:
Key 2022 highlights:
Our Model for Scaling Positive Impact
The EcoVadis impact model consists of three key phases that, together, help companies drive positive change through their supply chains or improve their direct operations. It sets in motion the “cascading multiplier effect” that enables a single company to influence the sustainability approach and efforts of many companies throughout its supply base. Ultimately, this collaboration between the requesting and rated companies in our network yields positive outcomes for communities, economies and the planet.
1) Requesting organizations use our solution to embed sustainability into their procurement approach and help trading partners improve.
2) Rated companies leverage ratings insights and platform tools to improve their sustainability practices.
3) The positive environmental and social impact generated by this process is measured and fed back into the loop to scale and accelerate efforts.
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