In our case, the assessment was carried out according to 3 indicators, these are:

• Policies: A policy is a set of objectives that addresses specific sustainability issues. It shows a company’s attention to reduce impact, mitigate risk or improve performance. Policies are voluntary and go beyond national legal requirements.
  • Examples of policies:
    • General principles, statements and qualitative objectives to improve sustainability
    • Specific quantitative targets with a defined deadline in the future
  • Measures: This indicator is about a company’s actions to support its sustainability policies and commitments.
  • Reporting: Reporting is based on quantitative KPIs that measure the implementation of sustainability practices.

They focused on evaluating 4 areas of sustainability, these are:

• Labor and human rights: This theme focuses on two areas:
  • Labor rights, such as health and safety, working conditions, structured social dialogue, career management and training
  • Human rights, such as prevention of human trafficking, child and forced labor, as well as support of diversity, equity and inclusion
• Sustainability procurement: The theme focuses on the management of sustainability risks in our supply chain. The key questions relate to:
  • the materials we buy
  • the services we hire
  • our actions to promote sustainable practices and operations among our supplier base
  • our actions to support sustainable procurement
• Environment: This theme focuses on two areas:
  • Environmental management of operations, such as energy use in offices, water and materials used during manufacturing, air pollution and threats to biodiversity
  • Environmental management of products and services. It includes:
    • Product use and product end-of-life, such as energy efficiency of electronics or take-back programs
    • Customer health and safety, such as the hygiene and safety of products for consumption and use
    • Environmental service and advocacy, such as programs or services to encourage sustainable consumption
  • Ethics: This theme focuses on managing business ethics issues, such as:
    • Corruption, including bribery, fraud, conflict of interest and money laundering
    • Anticompetitive practices, including cartels, abuse of dominant position, illegal mergers and acquisitions
    • Poor information management, including violation of information security

EcoVadis assessment reports help companies understand their sustainability performance, compare it to other companies, and optimize procurement processes. Certifications help attract long term investments and secure businesses’ future.