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EcoVadis Ratings Methodology Overview and Principles

June 17, 2023 EcoVadis EN

The EcoVadis solution addresses these issues by providing web-based collaboration tools for businesses, which allow procurement executives to get access to easy-to-use, dynamic scorecards, and to monitor the sustainability performance of their trading partners as well as their continuous improvement actions.

This document provides an overview of the reference model, seven founding principles, and process EcoVadis uses including:

  • Seven management principles;
  • 21 CSR criteria across four themes (environment, labor & human rights, ethics, sustainable procurement);
  • Data collection and rating process;
  • The diversity of data sources used, including customer-provided documentation, relevant third-party endorsements (certifications, labels, etc.) and “360” external stakeholder inputs (2500 sources of monitoring, news, watchlists, etc.); and
  • The use of technology and CSR expert analysis.

This document is available in the following languages: 

Chinese (ZH)Japanese (JA)Portuguese (PT)Russian (RU)Dutch (NL)Vietnamese (VT)Thai (TH)Korean (KO)Turkish (TR)Arabic (AR)

 

About the Author

EcoVadis EN

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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