EcoVadis has rated Sefas in the top 97th percentile of companies.
Sefas Innovation, a Bristol-based technology company, having completed the annual evidence based assessment of their environmental, social and corporate governance (ESG has earned Gold for a second year running in the EcoVadis sustainability ratings. Sefas were well positioned to achieve this high standard due to their existing ISO 9000 Quality Management & 14001 Environmental Management certification, and long established Corporate Social Responsibility (CSR) policies.
What is EcoVadis?
EcoVadis assesses and provides industry standard sustainability ratings covering a range of CSR issues grouped into four themes: Environmental, Labour & Human Rights, Ethics and Sustainable Procurement. Selecting from 21 CSR criteria based on your company’s size, location, industry and challenges each company is rated on it’s management systems through its policies, actions and results.
These evidence-based assessments are refined into easy to read scorecards, providing zero to one hundred (0-100) scores, and medals (bronze, silver, gold and platinum), when applicable. Additionally, the scorecards provide guidance on strengths and improvement areas, which the rated companies use to focus their sustainability efforts and develop corrective action plans to improve their sustainability performance.
To drive global supply chain sustainability, large multinational corporations partner with EcoVadis, leveraging the influence of spend as a “force for good” to push trading partners beyond compliance. The rated company can see how their score compares to the benchmark in their industry. Combining the scorecard results with improvement areas results in a “race to the top,” in which whole industries compete to achieve global best practice.
What this means to Sefas:
Sefas achieved a high score of 73/100 on the EcoVadis assessment, putting them in the top 97th percentile of companies that have carried out the assessment.
“The EcoVadis platform independently assesses our ESG policies and more importantly provides an opportunity for us to continually improve” said Dave Chilman, COO. “To be awarded Gold in a recognized industry standard is a great accolade, not only for the team, but for our customers and suppliers alike proving we take our business responsibilities very seriously.”
EcoVadis is the world’s most trusted provider of business sustainability ratings. Global supply chains, financial institutions, and public organisations 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.
To date, EcoVadis has rated over 75,000 trading partners worldwide, mitigating risk for some of the world’s largest organisations, while positively impacting the environment, fostering transparency and driving innovation.