For the second year in a row, EWQ has achieved a gold level rating for our work on sustainability, ethics and social responsibility. The assessment was carried out by Ecovadis, the world’s leading sustainability and responsibility analysis company. We again ranked in the top 5% of all companies analysed and in the top 1% in our sector!
Ecovadis assesses corporate responsibility in four areas: Environment, labor and human rights, ethics and sustainable procurement. To be awarded the Gold Certificate, a company must have a structured and proactive approach to sustainability. The documentation required is very detailed.
For the second year in a row, EWQ was awarded a gold level rating. During the year, we have made progress in our reporting and sustainability work in our supply chain, including setting targets for emissions.
“We are very proud of our second consecutive gold rating! Sustainability is one of the key themes in our strategy and we worked hard on our CSR during the year. In particular, we invested in our supply chain and the responsible selection of new suppliers. We use a CSR risk mapping tool in the purchasing process, which means that we try to identify risk factors as early as possible in the purchasing process and find out whether the potential partner’s values and activities meet our requirements,” says Sampo Brisk, CEO and ESG/CSR Director at EWQ.
In addition, we deepened our cooperation on sustainability with our major suppliers. For example, we will be able to offer a carbon footprint report for all Samsung info screens, so that our customers have better understand potential environmental impacts may caused from the product through its whole life cycle.
Sustainable business is not a one-off project, but a process that we work hard to achieve. In next year’s assessment, we have an excellent opportunity to aim for the Platinum level, which is achieved by only 1% of all companies assessed.
What is Ecovadis?
EcoVadis is the largest sustainable development and social responsibility ratings provider. EcoVadis assesses corporate sustainability in four areas: environment, labor and human rights, ethics, and sustainable procurement. EcoVadis has already rated over 100,000 companies in 175 countries over 200 industries. It aims to highlight companies, especially those that EcoVadis deems to have the potential to become model students of sustainable development.