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EthosEnergy Celebrates Renewal of ECOVADIS Sustainability Certification with Improved Score

Date
September 10, 2024
Category
News
EthosEnergy Celebrates Renewal of ECOVADIS Sustainability Certification with Improved Score

EthosEnergy Celebrates Renewal of ECOVADIS Sustainability Certification with Improved Score

EthosEnergy is delighted to announce the renewal of its ECOVADIS Sustainability certification, achieving a notable improvement of 7 points in its overall score compared to the previous assessment. This significant milestone underscores EthosEnergy’s continued commitment to environmental, social, and governance (ESG) practices across its operations.

ECOVADIS, a globally recognized platform, evaluates and certifies the sustainability performance of companies across various industries. The assessment encompasses a wide range of criteria, including environmental impact, labor and human rights, ethics, and sustainable procurement practices. This certification provides a clear benchmark for companies to assess and enhance their sustainability efforts.

The company has moved from the 41st percentile in 2022 to the 49th percentile in 2024, indicating that its score is now higher than or equal to 49% of all companies rated by ECOVADIS. Additionally, EthosEnergy’s overall score has increased from 45 in 2022 to 52 in 2024, surpassing the industry average of 50. This improvement is particularly notable in the areas of Ethics and Sustainable Procurement, where EthosEnergy is among the top performers in its industry.

Bal Guerrero, Vice President – HSSE at EthosEnergy said: “Achieving and maintaining a high ECOVADIS score is crucial in building and maintaining customer trust as many of our customers prioritize working with partners who demonstrate strong sustainability credentials. Our ECOVADIS certification serves as a third-party validation of our commitment to sustainable practices, enhancing trust and confidence among our stakeholders. By working together and embracing best practices, I am confident that we can achieve an even higher score in next year’s assessment.”

Founded in 2007, EcoVadis has grown into a globally trusted provider of business sustainability ratings, with a network of more than 130,000 rated companies. Their mission is to provide reliable, globally recognized sustainability ratings and insights, enabling companies to reduce risk, drive improvement, and accelerate positive impact on our planet and society. EcoVadis assessments focus on 21 issues grouped into four themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. These criteria are based on international sustainability standards such as the Global Compact Principles, International Labour Organization (ILO) conventions, Global Reporting Initiative (GRI) standards, ISO 26000 standards, and CERES principles. For more information, please visit EcoVadis.

“Achieving and maintaining a high ECOVADIS score is crucial in building and maintaining customer trust as many of our customers prioritize working with partners who demonstrate strong sustainability credentials. Our ECOVADIS certification serves as a third-party validation of our commitment to sustainable practices, enhancing trust and confidence among our stakeholders. By working together and embracing best practices, I am confident that we can achieve an even higher score in next year’s assessment.”
Bal Guerrero
Vice President – HSSE

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