How can the EMS enable you to execute on your ambitious environmental and social sustainability goals? By embedding sustainability into your operational processes and prioritizing it along the entire supply chain.
With 13 trillion USD annual spend by the top 500 companies, Procurement offers a massive opportunity for driving global sustainability. By rewarding the right suppliers, sustainable action is incentivized throughout the supply chain.
EcoVadis, our strategic partner for supplier sustainability, is the world’s leading and most trusted provider of business sustainability ratings with over 75,000 rated companies. Their ratings cover four critical themes: Environment, Labor, Human Rights, Ethics, and Sustainable Procurement - and result in an easy to follow and actionable scorecard that clearly identifies the rated company’s key strengths and improvement areas.
Integrate EcoVadis’ ratings into your operational procurement process and make sustainability a priority in your purchasing decisions. The usage requires a subscription to EcoVadis’ rating services (bring-your-own-license or new subscription facilitated by Celonis).
This is where Celonis and EcoVadis combine their strengths:
When onboarding new suppliers and managing existing ones, automatically prompt your supplier base to get assessed and optimize completion speed.
By embedding the ratings in the procurement process, make smarter purchasing decisions, down to the order level to direct more spend to the highest-rated suppliers, reward sustainable actions and stop orders going to an unsustainable supplier.
Provide full transparency on your ESG performance by evaluating the spend sustainability and share this with your customers.
Embed your overall supplier sustainability rating in the executive dashboard.
Analyze the current rating coverage by overall spend, suppliers and POs, identify execution gaps causing in low coverage and trigger ratings for unrated suppliers with high spend.
Track the average rating of your suppliers by spend, suppliers and POs for the overall CSR performance as well as for environmental performance, ethics, labor & human rights & sustainable procurement and detect optimization potential to improve the average rating.
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