EcoVadis

📣 #CSDDD approved by the EU Parliament! Today’s vote – 11 years to the day since the Rana Plaza disaster – was a decisive step toward a new era of mandatory human rights and environmental due diligence that will level the playing field for companies and build more sustainable and equitable value chains. 🔍 Learn more about CSDDD’s groundbreaking aspects and how your company can start building the foundation for compliance: https://ow.ly/XNWM50RnlM0

In the latest episode of the #Climate #Confident #Podcast, our very own Julia S. engages in a compelling conversation with host Tom Raftery about the pivotal role of #technology in amplifying #sustainable practices across supply chains. Titled "Decarbonisation Dialogues: Navigating the EcoVadis Network for Climate Impact," this episode explores EcoVadis' cutting-edge digital solutions designed to evaluate and enhance #sustainability performance across our vast network of companies and empowers companies to meet growing regulatory demands efficiently. The episode also discussed the trajectory of emissions reporting and the shift from voluntary to mandatory regulations, including the impact of mandatory #Scope3 emissions reporting requirements. Interested in learning more? Check out the full episode for a thorough discussion about today’s business sustainability challenges and how technology coupled with targeted strategies can positively #impact our planet: https://ecovad.is/4dhXRd3 #decarbonization #sustainablebusiness

It is with great gratitude and admiration that we announce the promotion of Nicole Sherwin to Chief Impact Officer (CIO)! Nicole takes responsibility for implementing best-in-class sustainability practices, orchestration of our Purpose Committee and delivery on our purpose commitments, and continues to lead the EcoVadis customer advisory community as well as stewardship of our sector initiatives. "We're grateful to see Nicole Sherwin step up and take on this essential role as Chief Impact Officer," said Pierre Francois Thaler, co-CEO of EcoVadis. "Since she began her journey with us 13 years ago, Nicole has been a powerful change agent for our company, employees, customers and the broader ecosystem that is working to make business a force for positive sustainable change." Read the announcement here to hear more about her views on driving collaboration as critical catalyst of change. https://ecovad.is/44JV34i

Excited to share that we've been shortlisted for the Procurement Leaders World Procurement Awards 2024! #PLWPA Our selection under the ‘Procurement Technology Provider Award’ category speaks to the power of the EcoVadis Carbon Action Manager (CAM), formerly known as the Carbon Action Module. CAM is a comprehensive carbon management solution empowering organizations to bridge the #climate ambition-action gap and engage suppliers in a #carbon management reporting and reduction journey. CAM has been instrumental in helping 288 purchasing organizations gain unparalleled visibility into carbon emissions risks and opportunities across 324,000 suppliers and growing. Supply chains account for roughly 60% of global emissions, and CAM addresses key challenges procurement teams face in driving #decarbonization at scale across complex networks, including multi-tier visibility, supplier carbon maturity, and data fragmentation. EcoVadis is honored to be considered among top providers in #procurement technology, contributing to tangible advancements in supply chain #sustainability and #resilience. We can't wait to see you at the WPA celebration on May 16! https://ecovad.is/3Wdv6rA #ESG #Greenbusiness #sustainablebusiness #carbonsolution

CHEP Canada channels the power of collaboration to create regenerative supply chains in the transportation and logistics industry, progressing towards its ambitious 2025 Planet Positive, Business Positive, and Community Positive goals. Discover their inspiring sustainability journey with EcoVadis. https://ecovad.is/3Qrx3NC #ScienceBasedTargets #DEI #EcoVadisMedal #EcoVadisSuccessStory

Significant changes are underway globally as new regulations mandate reporting sustainability impacts, especially throughout the value chain. The EU's CSRD leads this movement with its comprehensive criteria, depth, and strict data standards, having a significant impact on European and a number of North American based companies. These groundbreaking regulations require collaboration between sustainability leaders and procurement and supply chain teams to ensure accurate data collection and reporting. Join us for this webinar hosted by SPLC on May 16th for an overview of CSRD requirements (particularly for the supply chain), its alignment to GRI, and the use of such standards to help prepare organizations for reporting. The webinar will also feature the case of one organization navigating CSRD requirements and engaging procurement as an essential contributor and stakeholder towards implementation. 📆 Date: Thursday, May 16, 2024 ⏰ Time: 12 pm - 1 pm EST 📍 Where: Virtual → Register here: https://ecovad.is/4aYNKbo

Join us next week for ‘Demystifying Scope 3: Kickstarting Your Journey to Value Chain Decarbonization’, a webinar cohosted with SAP. Tune in on May 7, 1:30 - 2:30pm SGT, to hear insights on how companies at all stages of their #sustainability journey can get started on #supplychain decarbonization from Eamon Fenwick, Head of Sustainability Advisory, SAP APJ and Eyed Pawassada Lowjun, Senior Account Executive, EcoVadis. Learn about how other companies have taken their first steps and how organizations like yours can partner with EcoVdis and SAP to tackle Scope 3 #decarbonization. Register now: https://ecovad.is/4aFpavR

Join us for a webinar on tackling Scope 3 and Supply Chain Sustainability, hosted by KampsPallets, one of the largest pallet companies in the US and a valuable customer of Ecovadis' sustainability ratings. In this session, we will discuss common challenges that organizations face when developing or scaling ESG programs and explore best practices and approaches for measuring, reporting, and mitigating Scope 3 emissions. The webinar will be presented by Sam Trammel, one of our Strategic Account Executives, and Fuad Hasanovic, Head of Corporate Responsibility Committee at Kamps Pallets. When: May 14th from 12 to 12:45 PM EST Where: Virtual - Register here: https://ecovad.is/3JopKT1

EcoVadis is thrilled to launch our +Ability webinar series! With businesses today expected to achieve excellence in a sustainable way, this ongoing series will help unlock your company's sustainability potential. Our webinars will approach critical hot topics like supply chain regulations (including CS3D, CSRD and the EU Deforestation Regulation) and Scope 3 decarbonization to equip you with the knowledge to meet the higher standards of operation increasingly required of businesses today. Dive into our Solution Spotlights to hear our team unpack the essentials of the Sustainability Intelligence Suite and understand how these tools can help turn your sustainability objectives into achievable outcomes. Kicking off the series is our first webinar on April 30, 5-6pm CET (11am-12pm Eastern). Hear the latest updates that you need to know about CS3D, and get legal, operational, and practical insights from our speakers: - Uwe M. Erling, LL.M., Lawyer, Pohlmann & Company - Katharina Thaler, Manager Sustainability Due Diligence, Accenture - Andrea M. Bacher, Regulatory Watch Lead, EcoVadis Register now: https://ecovad.is/3JCH0Ec

Benchmarking costs will no longer be a barrier to driving a living wage across companies’ own operations and their supply chains. WageIndicator makes its estimates for over 2,600 regions across 165 countries freely accessible to all, on time for International Workers’ Day on May 1.👏👏👏 https://ecovad.is/3JAVQeo WageIndicator Foundation provides estimates for both monthly and hourly living wage rates, with detailed breakdowns for the cost of all goods and services needed for a decent life. Low pay and in-work poverty are persistent issues that affect employees in all but few countries. The call for living wages has gained prominence among employers, factors driving this include the need to attract and retain talent and emerging regulations. In a session during this year’s Sustain event, consumer goods company Unilever said living wage creates more resilient value chains. Benefits can include increased worker productivity and reduced turnover. https://ecovad.is/3QkE4j7 Despite the obvious benefits of paying a #LivingWage, businesses are grappling with the challenge of quantifying the gap to be addressed. Those looking for such figures are discovering that payroll data alone will not enable them to calculate a wage that meets the true cost of living in a region or country – they need real-time benchmark data, which WageIndicator is now making publicly available. This move will make it easier for companies to take action and will reflect in the percentage of workers covered by a pay gap analysis. As a purpose-led company, EcoVadis will have a goal for living wage reporters in 2024, to be published in our Purpose Report this year. 💡Want to know more about data and benchmarks' role in living wage initiatives? Read more on our recent blog https://ecovad.is/3W8KfdO or join us for the upcoming webinar. https://ecovad.is/3JzyqFX