What is Ecovadis
In the current global environment, businesses are evaluated by their sustainability progress as much as their financial progress.
EcoVadis provides Corporate Social Responsibility (CSR) ratings service of companies. Their aim is to make CSR performance measurable, increase transparency and stimulate improvement. Each company is assessed on the material issues as they pertain to their company’s size, location and industry.
The EcoVadis assessment covers a broad range of non-financial topics:
- Environmental impact (e.g. waste management, GHG emissions, product sustainability);
- Labour & Human Rights (e.g. employee H&S, career management, discrimination & harassment);
- Ethics (e.g. corruption, responsible data management);
- Sustainable Procurement (supplier audits, supplier CSR performance)
These evidence-based assessments are refined into easy to read scorecards, providing zero to one hundred (0-100) scores, and medals (bronze, silver, gold and since 2020 also platinum), when applicable.
Additionally, the scorecards provide guidance on strengths and improvement areas, which the assessed companies may use to focus their sustainability efforts and develop corrective action plans to improve their CSR performance.
To date, EcoVadis has assessed over 60,000+ companies in 150 countries, mitigating risk for some of the world’s largest organizations, while positively impacting the environments, fostering transparency and driving innovation.
More information can be found at: www.ecovadis.com.
XLCONCEPT’s ECOVADIS SCORE
At XLCONCEPT we use the EcoVadis tool to assess and monitor our CSR performance on yearly basis.
We have been awarded the GOLD medal in 2018 and 2019. And we are very proud to have achieved the PLATINUM rating in 2020, as one of the first companies within our industry.
With an overall score of 78, we belong to the top 1% of our industry.