Why Sustainable Procurement?

Integrating CSR performance in the Buyer-Supplier relationship is becoming essential for long-term industry leadership.

Protect your brand, <br>manage risk

Protect your brand,
manage risk

CSR-related risks span a wide range of issues (environment, labor, ethics) and can be difficult to identify. A consistent, scalable CSR program can minimize exposure to brand damage, supply disruption, fines, recall & litigation costs, and can Improve TCO.

Improve <br>performance

Improve
performance

Expectations are rising. Regulators, customers, investors, employees, NGOs - all Stakeholders want to see not only transparency on CSR/ESG issues, but improvement and progress.

Reduce costs, Drive Innovation & Growth

Reduce costs, Drive Innovation & Growth

Industry leaders are not just saving cost, they are integrating suppliers into the innovation process for new solutions, categories & revenue opportunities. A solid sustainability program can reveal best practices and help identify the best- performing suppliers to invest in working with.

Sustainable procurement pays off

 

85%

at least 1 supply chain disruption

Over 85% of companies had at least 1 supply disruption 50% had 2 or more
source: Zurich/St. Johns survey of 800 co's

15-30%

measurable brand value increase

Sustainable supply chain practices result in an increase in brand equity
source: World Economic Forum: "Beyond Supply Chains"

90%

have lower cost of capital

90% of the studies on the cost of capital show that sound sustainability standards lower the cost of capital of companies
source: Oxford/arabesque

9-16%

supply chain cost reduction

Sustainable supply chain practices can reduce costs linked to supply chain by 9-16%
source: World Economic Forum: "Beyond Supply Chains"

EcoVadis: The Enterprise Supply Chain CSR Manager Solution

The EcoVadis Sustainable Procurement solution offers turnkey supplier CSR/sustainability assessment, rating, risk and performance management in an efficient, scalable platform.

Whether you need to monitor the CSR performance of 100 or 10,000 of your suppliers, EcoVadis SP ensures that reliable information can be easily deployed to your procurement teams, and smoothly integrated in your procurement processes.

Offered as a “Software as a Service” model, the EcoVadis collaborative platform allows you to access simple and reliable sustainability scorecards, supported by optional products and support services. EcoVadis ratings help businesses reduce risks, as well as drive performance and eco-innovation in their supply chain.

up to

30%

of suppliers already in the network...

....and growing fast. As more buyers and suppliers enter the system, share ever more easily, multiplying value for everyone

over

80%

program cost savings vs in-house

Our procurement clients saved 80% in costs compared to internal supplier CSR programs

over

70%

supplier score improvement

More than 2 companies out of 3 improve their score upon re-evaluation

up to

90%

supplier engagement rate

Supplier response rates as high as 90% (especially in our vertical initiatives)

Scorecard & Monitoring Tools

The EcoVadis solution combines our powerful ratings platform with a complete portfolio of turnkey services to empower your team to make the best procurement decisions

CSR Scorecard

The scorecard shows you the CSR performance of each supplier on 21 CSR indicators grouped in 4 themes (Environment, Labor/Social, Fair business/Ethics, and Supply Chain) rated from 1 to 100.

CSR Scorecard
Benchmark

Benchmark

The Benchmark tool allows you to compare one supplier to others within the same purchasing category or within the same country.

Strengths and Improvement Areas

This section provides more details and insights into the 4 theme scores. For each theme the company evaluated is assigned Strengths (positive elements of the CSR management system) and Improvement Areas (elements that need to be improved).

Strengths and Improvement Areas
Corrective Action Plan

Corrective Action Plan

This collaborative tool helps with developing Action Plans, a starting point for an effective dialogue between buyers and suppliers on actions taken by the supplier to improve their CSR performance.

Category Profile

A Category Profile offers practical insight into the key sustainability issues which are applicable to the supplier industry of operation. It gives you an overview of major regulations, sector initiatives, and eco-labels.

Category Profile

Testimonials

Since 2008, several thousands of companies have been using the EcoVadis platform. Around 120 multinational companies in North America and in Europe have selected EcoVadis to assess their global supplier base in 101 countries.

See the full list

Request a demo

of our ratings platform for procurement teams

(for all other inquiries please contact us here)