EcoVadis

Now is the time for engaging supply chain partners on biodiversity and Nature Based Solutions. Just in time for the Biodiversity COP16 in Cali, Colombia, EcoVadis brings insights and inspiration in the latest paper on "The Other Existential Crisis for Value Chains: Biodiversity Loss and How Businesses Can Turn the Tide." Learn how the next planetary emergency – the loss in natural capital and biodiversity – has comparable business impacts to climate change; Discover the $10 trillion in annual business value at stake in transition to a nature-positive economy, and how companies can take action. https://ecovad.is/3Yux4o8

Discover how multinational automotive manufacturer Motherson leverages EcoVadis Ratings and IQ Plus to help comply with key reporting frameworks and regulations including the Indian Business Responsibility & Sustainability Reporting (BRSR) and German Supply Chain Due Diligence Act (LkSG). #sustainability #sustainablesupplychain #EcoVadisRatings Learn More: https://ecovad.is/4dYSMoT

📢 #COP16Colombia has opened in Cali on Monday. Reporting live from the milestone summit, our #biodiversity expert Julia Kostin says "the energy here is absolutely fantastic and there is a huge presence from the private sector!" 🌍 The #naturepositive pavilion by the Nature Positive Initiative is a key area for business talks, where the objective is getting more corporates to report on the state of nature metrics and have real impact on halting and reversing biodiversity loss. A goal also supported by the E.O. Wilson Biodiversity Foundation who hosted its Half Earth Day event on Tuesday to emphasize the role of knowledge in global species conservation. While Julia says it's too early to comment on outcomes, she found this little gem for live Earth Negotiation updates by non-profit organization International Institute for Sustainable Development here! https://ecovad.is/40ipkXP Stay tuned for more news from COP16! #COP16 #PeaceWithNature

✨We are excited to welcome RINA to our platform, a company making a significant step forward in its commitment to sustainability by developing its sustainable operations programme. In line with the goals outlined in its #sustainability strategy, RINA is assessing its entire supply chain in terms of sustainability, aiming to establish collaborations and address challenges together with its key partners. As RINA stated: "Our suppliers are one of the keys of our success and growth. Our common goal is to understand any added values that our ecosystem can mutually generate” Through this approach, RINA strengthens its responsible business strategy, enhancing visibility, traceability, and the mitigation of #ESG risks in its supply chain. We are proud to support RINA on this journey toward a more sustainable future! 🌍

Delving into past years’ ratings data 📊 Last year, the US led the ratings network for the first time with nearly 5,000 #sustainability assessments. Two-thirds of the companies assessed scored 45+ points, outside the high to medium risk range. What does it tell us? A sound majority has a more structured sustainability management system, policies and actions on key #environmental, #social and #procurement challenges. Yet, true leaders in these areas remain rare and we still talk about de-risking the US network instead of acknowledging a wider adoption of better sustainability practices in the country. 👉 Read through our analysis here: https://ecovad.is/3Yc4vuE

📢 Today marks the beginning of the UN Biodiversity #COP16 in Cali, Colombia. Over 12,000 global leaders from business, finance and civil society are expected to attend, including EcoVadis’ very own senior analyst and #biodiversity specialist Julia Kostin, under the theme #PeaceWithNature. 🌍 This event is a significant milestone since the last COP15 in 2022 in Montreal, Canada, where the Biodiversity Plan was adopted. This historic agreement set forth four ambitious goals and 23 targets aimed at halting and reversing biodiversity loss by 2030. Key items on the agenda for #COP16Colombia: ➡️ Monitoring the state of implementation of the Biodiversity Plan ➡️ Mobilizing financial resources to align with the biodiversity goals and targets ➡️ Strengthening mechanisms for access and benefit sharing from the use of genetic resources 🚀 Will you be at COP16? Come say hi! https://ecovad.is/4eTWRw6

For the ninth year in a row, EcoVadis has been named to the #SpendMatters50toKnow list! As Spend Matters lead analyst Bertrand Maltaverne says, EcoVadis “understands that the goal is not to get a rating but to get better over time.” Read more: https://ecovad.is/47Zulq6 #ESG #sustainability #compliance

Earning an EcoVadis Silver Medal, Julius Hoesch is transforming their procurement, supply chain management, and driving sustainable practices with their sustainability team. Read the Interview: https://ecovad.is/4f7MGDx #Sustainability #SustainableProcurement #EcoVadisRating

The global biodiversity crisis we’re facing is now top of the agenda. Governments, businesses and institutions must work together to avoid mass extinctions of numerous species.