PARIS and NEW YORK, March 26,
2019 /PRNewswire/ -- EcoVadis, the world's most trusted
provider of business sustainability ratings, today announced its
new Sustainability Intelligence Suite, an expanded toolkit that
builds on EcoVadis' expertise in business sustainability ratings to
include predictive risk mapping, performance signals and audit
management.
"Sustainability is increasingly a critical lever for driving
business value and a lens through which a company looks at risk,"
said Pierre-Francois Thaler,
co-founder and co-CEO of EcoVadis. "As such, procurement and supply
chain teams need a way to quickly evaluate and address supplier
risk across all CSR concerns, and across their entire supply base.
We've expanded our product suite with this need in mind. In
addition to our core supplier ratings platform, teams now get
holistic coverage for their supplier community in a central place,
including broad visibility with risk mapping and on-site audit data
management for those partners requiring high engagement. The
complete solution allows companies to drive real performance
improvements and ignite change."
With EcoVadis' new product suite, customers will gain access to
the following tools that together create an end-to-end solution for
risk mapping, supplier performance assessments and on-site
engagements:
- EcoVadis IQ, a new vendor risk mapping tool that will be
available later this year, leverages the EcoVadis database of
ratings, and uses smart automation and analytics to continuously
screen the supply chain and map a company's supplier risk landscape
across all key sustainability criteria. Procurement, risk and
compliance teams can use these insights, which are based on a large
volume of suppliers, to understand where their biggest risks lie,
inform strategy, and optimize CSR assessments and performance
improvements.
- EcoVadis' core offering, EcoVadis Ratings, provides deep
sustainability and CSR assessments on selected suppliers. The
leading methodology, which measures seven management indicators and
covers 21 criteria across four themes of environment, fair labor
and human rights, ethics and sustainable procurement, produces
easy-to-use supplier sustainability scorecards that procurement and
supply chain teams can use to get comprehensive benchmarks and
corrective action plans that drive higher levels of sustainability
performance.
- EcoVadis' new on-site audit management platform, EcoVadis
Spotlight digitizes the audit process from coordinating and
scheduling to data capture, with standard templates for major audit
providers and corrective action plan management. The tool equips
teams to easily run comprehensive reports, share performance data
and directly manage improvements with suppliers within the
platform.
To learn more about the new EcoVadis Business Sustainability
Intelligence Suite, please visit:
https://www2.ecovadis.com/sustainability-intelligence-suite
About EcoVadis
EcoVadis is the world's most trusted
provider of business sustainability ratings, intelligence and
collaborative performance improvement tools for global supply
chains. Backed by a powerful technology platform and a global team
of domain experts, EcoVadis' easy-to-use and actionable
sustainability scorecards provide detailed insight into
environmental, social and ethical risks across 198 purchasing
categories and 155 countries. Industry leaders such as Johnson
& Johnson, Verizon, L'Oréal, Subway, Nestlé, Salesforce,
Michelin and BASF are among the more than 55,000 businesses on the
EcoVadis network, all working with a single methodology to
evaluate, collaborate and improve sustainability performance in
order to protect their brands, foster transparency and innovation,
and accelerate growth. Learn more
on ecovadis.com, Twitter or LinkedIn.
Press Inquiries
US: Kate Bachman, Corporate Ink
for EcoVadis
617-969-9192, 211577@email4pr.com
UK/EU: David McClintock
+33 6 03 77 84 74, 211577@email4pr.com
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SOURCE EcoVadis