ESG, News/14 Mar 2023
Borenius’ New EcoVadis Sustainability Rating Out Now
Did you know that Borenius is also part of the EcoVadis family? EcoVadis is the world’s largest and most trusted provider of business sustainability ratings that classifies and lists the global ESG performance of companies operating in different industries.
We scored well, and EcoVadis awarded our current level of responsibility and sustainability a bronze medal. EcoVadis has rated over 90,000 companies all over the world, and our overall score hit the top 50% level with only two points separating us from the silver tier (the top 25% of all companies).
EcoVadis’ rating is based on several ESG indicators that are grouped into four categories: the environment, labour and human rights, ethics, and sustainable procurement. Each company is evaluated based on detailed questions related to the size, location, and industry of the company.
In terms of our business, a key objective of EcoVadis’ evaluation was to measure the quality of our ESG goals through the practices and actual results of our business strategy. We did exceptionally well in the categories of ethics and labour and human rights.
Going forward, Borenius will continue making improvements both internally and in cooperation with our business partners and clients to better meet the needs of a modern, more sustainable world.