EcoVadis operates the 1st collaborative platform, allowing companies to assess the environmental and social performance of their suppliers on a global basis.

EcoVadis combines technology and Corporate Social Responsibility (CSR) expertise to deliver simple and reliable suppliers scorecards, covering 150 purchasing categories and 21 CSR criteria.

Key enabler of a Sustainable Procurement strategy, EcoVadis ratings help businesses reduce risks, drive performance and eco-innovation in their supply chain.
Sustainable Procurement
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10.10.2007 - Press Release

EcoVadis closes a first financing round of 1MEUR

Paris, October 11th 2007 - EcoVadis, a pioneer in Sustainable Supply Management
solutions, announced it has closed a preferred round of funding of 1M?? with a group
of private investors, specialized in Supply Chain, CSR and Outsourcing services.
According to a survey by HEC School of Management, of some of the 100 largest
European firms (detailed results of the study will be released on Nov. 8th), 89% of
procurement directors consider Sustainable Procurement as one of their priorities for
2007. However 40% of them, also indicate that the « lack of adapted tools » is the
key roadblock to successful implementation of Sustainable Supply Management
practices.

EcoVadis Sustainable Supply Management solution is helping procurement
organizations bridge this gap. This round of funding will allow EcoVadis, to accelerate
development of its innovative software platform, and to extend the coverage of its
suppliers CSR performance evaluation solution.

Further to this round of funding, Fréderic Jousset, co-founder and co-President of
Webhelp, one of the leading international Outsourced Customer Support providers,
joins EcoVadis board of directors:
«As co-President of Webhelp, I have experienced that Corporate Social
Responsibility is becoming more and more a key priority of procurement executives. I
am convinced of the value created by the EcoVadis solution, and by the quality of the
management team, and would like to share with them my experience of developing
high growth B2B services companies » Fréderic Jousset, co-founder & co-Président
Webhelp.

About EcoVadis:
EcoVadis is a leader in Sustainable Supply Management. The EcoVadis solution allows large

companies to assess the environmental & social performance of their suppliers, and
integrate these new criteria’s into their procurement processes . EcoVadis leverages
an innovative On-Demand software platform and outsourced expert services in order to
create the first information database on suppliers CSR performance, covering 150
purchasing categories, and 23 criteria’s (from "child labor" to "CO2 emissions"). The
EcoVadis solution allows procurement organizations to reduce supply risks, and accelerate
roll-out of their Sustainable Procurement Program.

About EcoVadis founders :
Pierre-François Thaler – Co-Founder – Business Development: Pierre-François brings

13 years experience in purchasing activities and business development of innovative
solutions for procurement organizations. He was previously CEO and co-founder of B2Build
SA the first electronic procurement solution for the European construction industry. Prior to
joining EcoVadis, he was a director of Ariba Procurement Outsourcing business in Europe.
Pierre-François is an electrical engineer by trade, holding a Master of Science from Supelec
and a MBA from Insead.

Frédéric Trinel – Co-Founder – Technology : Frédéric in an international Entrepreneur,
founder of 4 companies, all in activity today, in Asia, Eastern Europe & UK operating in the
Global Trade, Software & Human Resources area. The last venture of Frederic was Mr Ted
Ltd, where he was COO in charge of Technology & Operations. MrTed is a leading provider
of Talent Management Solutions, designed to help organizations of all sizes to optimize the
processes of acquiring and deploying Talent on a local and worldwide scale.

Contacts presse :
Sophie Dupraz / Isabelle Thillou
Tel : +33 1 73 04 60 53/ 60 54
sdupraz@singapour.com / ithillou@singapour.com

 

 
     
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