EcoVadis provides a platform through which companies can have their sustainability performance independently assessed. Customers can access this evaluation and then take it into account in their purchasing decisions. In recent years, the EcoVadis platform has developed into an international standard, and more and more VDM Metals customers are requesting access to the company’s assessment results.
The evaluation takes place in several steps. The main element of data collection is a questionnaire covering the topics of environmental activities, labor and human rights, sustainable procurement and ethics/compliance. All information must be provided with suitable evidence. In a further step, the data is evaluated by EcoVadis. The analysis of each topic is based on three key indicators: policies and guidelines, measures and results. After analyzing the responses and related documents, EcoVadis summarizes the results into an overall and a topic-based score and provides an overview of strengths and weaknesses.
