Supply Chain

EcoVadis

Ecovadis is a global sustainability rating platform which provides a system for companies to assess their own and global suppliers’ ESG performance. It covers 21 CSR indicators in four main themes:

Environment,

Labour and Human Rights,

Ethics

Sustainable Procurement

Whether you decided to improve your own sustainability practices or you’re fulfilling a customer’s request, an EcoVadis Rating is the first and smartest step toward doing better business. As BSM Team would like to raise for your EcoVadis rating.

The eligibility criteria for scorecards published starting January 1st, 2024, are as follows:

Medals

Bronze - Top 35% (65+ percentile)

Platinum - Top 1% (99+ percentile)

Gold - Top 5% (95+ percentile)

Silver - Top 15% (85+ percentile)

Why an EcoVadis rating is important?

An EcoVadis rating enables you to benchmark and compare performance against competitors and peers, and provides a corrective action plan to improve you score.

It is also important for making a purchasing decision and provide supply chain sustainability. When making purchasing decisions, companies take sustainability ratings into account. Purchasers can use EcoVadis to send customised questionnaires to their suppliers in order to gain a better understanding of the sustainability risks in their supply chains and to improve their purchasing practices.

Whether you've decided to improve your own sustainability practices or you're responding to a customer request, an EcoVadis rating is the first and smartest step towards doing better business. The BSM team would like to raise your EcoVadis rating.

CDP (Carbon Disclosure Project)

CDP (Carbon Disclosure Project) is a non-profit charity that runs a global information system for investors, companies, cities, states and regions to manage their environmental impact.

Companies are required to respond to an annual questionnaire about their environmental impacts and actions taken to reduce them. The CDP questionnaire is primarily used by investors and corporate clients to assess a company's exposure to climate change issues.

CDP is a popular voluntary reporting framework that companies are using to disclose environmental information to their stakeholders - either as part of ESG reporting, or beyond ESG reporting.

The reporting is completed on an annual basis with the CDP portal opening in April every year and submissions due in July.

Companies can submit information through CDP's three corporate questionnaires: