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Global Sustainability Performance Holds, Despite Corporate Commitments to Create a More Responsible Economy

Global Sustainability Performance Holds, Despite Corporate Commitments to Create a More Responsible Economy

Published 11-05-19

Submitted by EcoVadis

 EcoVadis just released its annual Global CSR Risk and Performance Index. The report offers comprehensive insight into the supply chain sustainability performance of more than 30,000 companies worldwide.

Here’s what you need to know:

  • Overall, despite sustainability scores increasing since 2015, it appears they have plateaued. 

  • 68% of companies globally lack measures to promote diversity, equality and inclusion.

  • The lowest scoring theme is “sustainable procurement" (or, what suppliers are doing about their own supply chain), which means visibility into sub-tiers is a serious risk area.

  • The top performing regions for large companies are Europe and North America.

  • Greater China is the lowest-scoring and highest-risk region.

Here’s why it matters:

When left unmanaged, the supply chain can expose organizations and society to serious hidden risks, including slavery, forced labor, dangerous working conditions, environmental damage, corruption and more.

Here’s what you need to do:

Engage your suppliers. Your supply base is the single-most crucial lever for reducing risk and creating real, networked impact across the supply chain.

More than 75% of companies that were assessed at least twice by EcoVadis maintained or improved their score, proving that sustainable procurement makes a difference.

Media Contact:
US: Corporate Ink
617-969-9192

UK/EU: David McClintock
+33 6 03 77 84 74

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EcoVadis

EcoVadis

EcoVadis is the world's most trusted provider of business sustainability ratings. Global supply chains, financial institutions and public organizations rely on EcoVadis to monitor and improve the sustainability performance of their business and trading partners. Backed by a powerful technology platform, EcoVadis’ evidence-based ratings are validated by a global team of experts, and are adapted to more than 200 industry categories, 160 countries, and companies of all sizes. Its actionable scorecards provide benchmarks, insights, and a guided improvement journey for environmental, social and ethical practices. Industry leaders such as Amazon, Johnson & Johnson, L’Oréal, Unilever, LVMH, Salesforce, Bridgestone, BASF, and ING Group are among the 85,000 businesses that collaborate with EcoVadis to drive resilience, sustainable growth and positive impact worldwide. learn more on ecovadis.comTwitter or LinkedIn.

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