Sustainability is more important than ever before.
Sustainability is more important than ever before. Consumers are increasingly interested in purchasing products and services from companies that are environmentally friendly and socially responsible. For businesses, this means that sustainability must be a top priority.
At Firebolt, we understand the importance of sustainability. We are proud to have earned the Ecovadis Platinum designation two years in a row and the Bronze designation before that! The designation is awarded to companies that demonstrate outstanding performance in four key areas: environment, labor & human rights, ethics, and sustainable procurement.
In this blog post, we’ll take a closer look at what it means to be Ecovadis Platinum-certified and why sustainability is so important for businesses today.
What Is the Ecovadis Platinum Designation?
The Ecovadis Platinum designation is reserved for the top 1% of performers on the Ecovadis platform. In order to earn this designation, companies must score in the top tier across all four categories: environment, labor & human rights, ethics, and sustainable procurement.
Environment: To assess a company’s environmental performance, Ecovadis looks at factors such as energy consumption, waste management, and emissions reduction.
Labor & Human Rights: In this category, Ecovadis evaluates a company’s policies and procedures related to labor standards and human rights. This includes things like working hours, freedom of association, health & safety standards, etc.
Business Ethics: The business ethics category includes criteria such as anti-corruption policies, bribery & corruption incidents, ethical practices relating to customers & suppliers, etc.
Sustainable Procurement: For the sustainable procurement category, Ecovadis looks at a company’s efforts to procure goods and services from sustainable sources. This includes things like supplier diversity spend analysis and use of recycled materials.
Sustainability is critical for businesses today. That’s why Firebolt is proud to have earned the Ecovadis Platinum designation two years in a row—it demonstrates our commitment to being a sustainable business. If your company is looking for ways to improve its sustainability performance, we encourage you to check out the Ecovadis platform. It’s a great resource for finding certified sustainable suppliers.