Can Corporate Sustainability & Economic Growth Coexist?
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Submitted by: EcoVadis
Posted: Oct 23, 2012 – 08:00 AM EST
LONDON, Oct. 23 /CSRwire/ - EcoVadis and Carbon Disclosure Project (CDP) today announced a partnership to offer an enhanced service to both EcoVadis and CDP Supply Chain customers, as well as to reduce the requests for companies in the supply chains of large purchasing corporations to report on how they are managing carbon.
The partnership is built around the complementary expertise of the two organisations: CDP has in-depth expertise on GHG emissions, climate change and water, whereas EcoVadis covers all main CSR topics using an easy to use and dynamic web interface to end-users. The partnership allows responding companies to minimize their reporting by automatically transferring the information in their CDP response to EcoVadis’ system.
“Partnering with Ecovadis will mean that suppliers that have already disclosed their carbon and climate change information to CDP will not have to duplicate their efforts in the Ecovadis system. The two systems are extremely complementary with Ecovadis providing powerful high-level data across 21 pillars of sustainability and CDP Supply Chain providing that crucial deeper dive on carbon, climate-change and water,” said Dexter Galvin, Head of CDP Supply Chain
Having access to CDP’s detailed information will improve the quality of the EcoVadis supplier sustainability rating data. CDP Supply Chain will benefit from the EcoVadis supplier scorecards as a means to accelerate the adoption and deployment of its data by procurement managers.
“We are very happy to collaborate with CDP, which we always recognized as the leader for standardised Climate Change reporting. Through this collaboration, we are willing to bring benefits to both suppliers and buying organizations. There is a growing pressure in all sectors to analyse supply chain sustainability issues, and through this collaboration we intend to minimize the effort for suppliers worldwide”, declared Pierre-François Thaler, EcoVadis Co-President.
The Carbon Disclosure Project (CDP) is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP harnesses the power of market forces, including 655 institutional investors with assets of US$78 trillion, to collect information from companies on their greenhouse gas emissions and assessment of climate change and water risk and opportunity. CDP now holds the largest collection globally of primary climate change and water data and puts these insights at the heart of strategic business, investment and policy decisions. Please visit www.cdproject.net to find out more.
EcoVadis operates the 1st collaborative platform, allowing companies to assess the environmental and social performance of their global suppliers. EcoVadis combines technology and expertise to deliver simple and reliable "Suppliers Sustainability scorecards", covering 150 purchasing categories, 21 CSR indicators and 120 countries. EcoVadis ratings are compatible with the GRI/G3 and ISO 26000 standards. EcoVadis helps businesses reduce risks and drive performance and innovation in their supply chain.
More than 60 Global Multinational companies have selected the EcoVadis solution, including Fortune 500 such as Alstom, Axa, Air Liquide, Alcatel-Lucent, Bouygues, Coca Cola Enterprises, Heineken, Orange, Johnson & Johnson, Lafarge, Renault-Nissan, Schneider Electric, Shell, and Veolia. More information: www.ecovadis.com
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