Your trading partners’ EcoVadis Scorecard will help you understand their level of sustainability commitment.
The EcoVadis assessment isn't a label or certification: It is an actionable tool that helps you drive sustainability improvement throughout your supply chain:
As requesting company, you are enabled to
1) set a minimum score expected from your rated trading partners, aligned with your company's sustainable procurement goals,
2) identify strenghts and weaknesses of your trading partners based on the sustainability evidence in the scorecard,
3) work on a customized corrective action plan for trading partners with low scores that do not meet your requirements.
Companies with an advanced sustainability management system and a high score can use their EcoVadis assessment to demonstrate their level of sustainability maturity to their business network and prospects.
To convince your trading partners to collaborate and improve their sustainability performance, here some best practices how to prioritize the possible actions:
1st level: by sustainability themes, according to:
– theme score
– trend arrow of each theme
– weight of each theme
2d level: by benchmark, according to:
– same industry (ISIC category)
– give priority to the themes where the rated company seems to perform below average
3d level: by theme score benchmark, according to:
– performance compared to the industry average
– theme score distribution
– weight of theme scores in the overall score
– gap to best performers
4th level: detailed theme analysis, according to:
– improvement areas (High, Medium, Low)
– management layers: Policies, Actions, Results
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