Improve Your EcoVadis Rating
Drive sustainable business growth with our ESG advisory.
Navigate EcoVadis assessment, ESG risk management, carbon reduction, and sustainability reporting to stay ahead in a competitive landscape.
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Clients
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Industries Served
including manufacturing, finance, and technology
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ESG Experts
guiding sustainable business transformation
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Global ESG frameworks
supported to assure ratings improvement
Our ESG Advisory Services
Gap Analysis & Pre-Assessment Review
We conduct a detailed EcoVadis gap analysis to identify areas for improvement before submission. Our experts assess alignment with EcoVadis 4 pillars, ensuring compliance with EcoVadis methodology and industry benchmarks.
Document Preparation & Submission Support
Our team assists in preparing and verifying documents required for the EcoVadis assessment, ensuring alignment with EcoVadis standards. We help streamline the process by providing guidance on the EcoVadis questionnaire, EcoVadis document guide, and best practices for sustainability reporting.
Post-Assessment Review & Score Improvement Plan
After receiving your EcoVadis scorecard, we provide a detailed analysis to improve your EcoVadis rating. Our consultants develop a customized score improvement strategy, helping businesses achieve EcoVadis Gold Rating
Submission & Liaison with EcoVadis
We manage the submission process, liaising with EcoVadis help center and support teams to ensure a smooth EcoVadis survey completion. Our experts address queries, clarify EcoVadis compliance requirements, and assist with any follow-ups.
Success Stories & Insights
Enhancing ESG Ratings for a Clinical Research Client
Situation
A global clinical research client struggled with low ESG ratings, receiving a D in CDP and no badge in EcoVadis. They lacked ESG literacy and were unaware of their maturity level, impacting potential customer acquisition.
Task
The goal was to improve ESG scores by identifying gaps, assisting with questionnaire submissions, and creating a structured ESG roadmap.
Action
- Conducted a gap analysis across EcoVadis, CDP, and Hillhouse frameworks.
- Matched relevant data points and streamlined questionnaire responses.
- Provided a roadmap for long-term ESG improvement.
Result
- Achieved B in CDP and a Committed badge in EcoVadis.
- Improved ESG transparency, enhancing credibility with potential clients.
- Established a framework for continuous ESG growth.
FAQs
What are Sustainability and ESG Ratings?
Sustainability and ESG ratings evaluate a company’s performance in environmental, social, and governance (ESG) criteria, assessing its impact on sustainable development. These ratings measure how effectively a business manages risks and opportunities related to climate change, diversity, labor rights, ethical governance, and sustainable procurement, considering both stakeholder impact and financial materiality.Â
What is the Difference between ESG and EcoVadis?
ESG (Environmental, Social, and Governance) is a broad framework assessing a company’s impact on people, the planet, and corporate governance. EcoVadis is a leading ESG rating platform that evaluates companies’ sustainability performance based on EcoVadis scorecards, guiding businesses toward compliance, ethical sourcing, and ESG best practices.
How does EcoVadis Assess Companies? What are the Benefits of a High Rating?
EcoVadis ratings are based on four key pillars:Â
🔹 Environment – Carbon footprint, resource use, and waste managementÂ
🔹 Labor & Human Rights – Fair working conditions and diversity policiesÂ
🔹 Ethics – Anti-corruption and responsible business practicesÂ
🔹 Sustainable Procurement – Supply chain transparency and ESG complianceÂ
A high EcoVadis score enhances credibility, supply chain relationships, and compliance with international ESG standards, making businesses more attractive to investors and partners.Â
What is a Good EcoVadis Rating?
EcoVadis scores companies on a 0-100 scale, categorizing them into four medal tiers:Â
Platinum – Top 1% (78–100)Â
Gold – Top 5% (70–77)Â
Silver – Top 25% (59–69)Â
Bronze – Top 50% (50–58)Â
How to Achieve an EcoVadis Gold Rating?
To earn an EcoVadis Gold rating in 2024, companies must score at least 73/100. Key strategies include:Â
Submit Strong Documentation – Provide comprehensive reports on ESG practicesÂ
Optimize Supply Chain ESG Performance – Engage vendors in sustainability initiativesÂ
Set Measurable ESG Goals – Align with frameworks like GRI, UNGC, and TCFDÂ
Ensure Transparent ESG Reporting – Maintain consistency in data submission
What are EcoVadis Medals and Badges?
EcoVadis Medals and Badges recognize companies with robust sustainability management systems that meet the EcoVadis methodology standards. These awards enhance a company’s ESG credibility and benchmarking against industry peers.Â
Why do Companies need Third-Party ESG Ratings?
Third-party ESG rating agencies like EcoVadis, MSCI, and Sustainalytics provide independent verification of sustainability performance, helping businesses:Â
🔹 Align with investor and regulatory expectationsÂ
🔹 Benchmark ESG practices against competitorsÂ
🔹 Identify areas for improvement in compliance, emissions, and governanceÂ
🔹 Enhance attractiveness to ESG-focused investors and clientsÂ
How can a Company Improve its ESG or Sustainability Ratings?
To achieve a higher EcoVadis score or improve general ESG ratings, businesses should:Â
- Develop Comprehensive ESG Policies aligned with global standards
- Set Measurable Goals for carbon neutrality, diversity, and governance
- Enhance Transparency through detailed ESG reportingÂ
- Adopt International Frameworks like TCFD, GRI, UNGC, and CDP
What is GAP Analysis?
ESG GAP Analysis identifies disparities between current ESG performance and industry benchmarks like EcoVadis, CDP, and MSCI ESG ratings. It helps businesses assess risks, enhance sustainability strategies, and improve ESG scores for better compliance, reporting, and investor confidence.Â
What is CDP? Why is it Important for Companies?
CDP (formerly Carbon Disclosure Project) is a global platform that assesses corporate climate impact, water security, and deforestation risks. A strong CDP rating enhances EcoVadis compliance, aligns with sustainability reporting standards, and improves ESG performance, making companies more competitive in supply chain assessments and investor evaluations.Â
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Mumbai 400051
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