The United Nations Sustainable Development Goals and the European Union Green Deal call for all sectors to transition towards a circular economy. This shift is particularly important in industries with high carbon emissions, where established practices are being disrupted and new habits are rapidly taking hold. Priorities for the lubricants sector, as well as for other industries, include Sustainability Reporting, Carbon Border Adjustment, and Carbon Emission Trading. To remain competitive in global trade, it’s essential to adopt sustainable production practices that respect the environment and society while aligning with the changing dynamics of the global economy.
EcoVadis is a trustworthy platform that evaluates companies’ sustainability efforts within a structured framework. It has a key role in educating and guiding companies on their sustainability journey and provides ratings that serve as a reference for stakeholders. The platform meets the self-regulation and roadmap needs of companies transitioning to a circular economy. Since its establishment in 2007, EcoVadis has rated over 130,000 companies across 220 industries in 180 countries. It also provides ratings for lubricant companies, offering motivation and guidance in the field of sustainability.
EcoVadis is an international platform that offers services to assess and enhance the sustainability performance of companies. To get started with EcoVadis, you need to register your company. You can do this by providing the required information on the official EcoVadis website.
After you submit the application, the EcoVadis team will ask for documentation and data to evaluate your company’s sustainability performance. This documentation might include company policies, environmental impact reports, and details about your social responsibility practices. Once the assessment process is finished, EcoVadis will give you a score and a report indicating your sustainability performance.
Acquiring EcoVadis is not limited to the assessment and reporting process. It is important to consider the recommendations provided by EcoVadis to improve your company’s sustainability performance. These recommendations can be applied in areas such as reducing environmental impact, improving business ethics standards, and enhancing supply chain management. The assessment and feedback provided by EcoVadis will help you continuously improve your company’s sustainability performance.
EcoVadis certification is an effective way to demonstrate your company’s sustainability efforts to the public and stakeholders. By using the EcoVadis logo, you can highlight your company’s commitment to sustainability and document your efforts to build sustainability-focused business relationships.
Who is EcoVadis
Established in 2007, EcoVadis offers a thorough assessment and certification system to evaluate and enhance the environmental, social, and ethical sustainability performance of companies. With hundreds of thousands of companies in its network, EcoVadis aids businesses in overseeing and enhancing their sustainability endeavors on a global scale. The organization supports companies in achieving best practices in sustainability by upholding essential values such as transparency, fairness, environmental stewardship, and social responsibility.
How to apply for EcoVadis
EcoVadis conducts an assessment that evaluates companies’ performance in environmental impact, business ethics, human rights, and supply chain management. Companies receive a sustainability score and recommendations for improvement based on this assessment. EcoVadis aims to assist companies in enhancing their sustainability efforts to contribute to a better future. Therefore, EcoVadis serves as a crucial assessment tool for companies and a valuable reference for consumers and investors seeking sustainability-focused business partners.
EcoVadis Scorecard
EcoVadis Scorecard is used to measure and compare companies’ sustainability performance. These scores are determined through an assessment process created by EcoVadis to evaluate companies’ performance in various sustainability areas, such as environmental impact, business ethics, human rights, occupational health and safety, and supply chain management. The rating system is based on a standardized approach to objectively measure and compare the sustainability efforts of each company.
EcoVadis Ratings
EcoVadis ratings are a valuable tool for companies to assess and enhance their sustainability performance. These ratings offer a crucial reference point for companies to track, enhance, and communicate their sustainability initiatives with stakeholders. Additionally, EcoVadis ratings can help identify risks in companies’ supply chains and foster sustainable business partnerships.
EcoVadis Survey Types
EcoVadis offers different types of surveys to assess the sustainability performance of companies operating in various sectors. These surveys assess various dimensions of sustainability, including environmental impact, social responsibility, business ethics, and supply chain management. For instance, the environment surveys encompass topics such as energy consumption, water use, and waste management to gauge environmental impact. Social responsibility surveys cover areas like labor rights, human rights, and occupational health and safety. Furthermore, the business ethics surveys appraise companies’ adherence to ethical standards and anti-corruption policies.
In addition, supply chain management surveys are one of the services offered by EcoVadis. These surveys are designed to monitor companies’ supply chain processes and assess their compliance with sustainability standards. Supply chain surveys help to assess suppliers’ sustainability performance, identify risks, and pinpoint opportunities for improvement. EcoVadis’ comprehensive range of surveys evaluates companies’ sustainability efforts, contributing to the promotion of more sustainable business practices.
Sources:
Semih Çalışkan, Business Development and Sales Director, CASEM ESG Consulting Firm
- casem.com.tr/ecovadis-nasil-alinir
EcoVadis Official Website
- ecovadis.com
