Sustainability Performance: Things Going Down (In a Good Way)

Almost everywhere outside Europe, companies in the high-medium risk range are at a 5-year low

Countries with 250+ ratings in 2023

EcoVadis rates companies on their policies, actions and reporting efforts across four core sustainability themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. It assigns themes and overall scores ranging from 0 to 100 points, each classified into a performance level.

In 2023, compared to 2019, fewer companies in the rated network outside Europe fell into the Insufficient/Partial performance ranges (scoring below 45 points overall), indicating significant sustainability risks and non-existent or ineffective systems in place to manage them. A tentative, exciting sign of progress.

Better still: While more companies than ever are joining the network, the proportion of first-time-rated companies in those select countries keeps coming down, meaning more companies are undergoing multiple ratings and improvement cycles. And the veterans are flourishing – it’s a global thing.

About the Author

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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