EcoVadis in practice: how ESG assessment shapes supplier relationships and customer cooperation
More and more companies are being asked by their customers to undergo an EcoVadis assessment. For many suppliers, this is still a relatively new requirement linked to ESG, sustainability and growing pressure for transparency across the entire value chain. This naturally raises questions: what exactly is the EcoVadis rating, what does it actually measure and how strongly can it influence cooperation with key business partners?
EcoVadis is a globally recognised platform that evaluates companies in a structured way across four themes: environment, human and labour rights, ethics and sustainable procurement. The resulting scorecard and medal have become a practical tool for many organisations to compare suppliers and manage ESG-related risks. If your company is facing its first assessment or you want to make better use of your existing rating in client discussions, this article will help you understand how EcoVadis works, how to prepare for the process and how to turn the outcome into a business advantage.Read more on envirly.com.