We were awarded the EcoVadis bronze medal again this year, the program that rewards companies with a solid, sustainability-driven management system.
An indicator of positive intent, rewarding companies’ sustainable performance in environmental, ethical, labor practices, respect for human rights and sustainable purchasing.
Sustainable business management models represent an innovative and imperative approach for modern businesses; a paradigm that not only aims to maximize short-term profits, but is useful in creating long-term value for all stakeholders, including employees, customers, suppliers, local communities and the environment.
What is the significance of EcoVadis ratings?
EcoVadis offers companies a sustainability assessment service to evaluate the impact of their business in ESG terms, based on hard data.
The EcoVadis score, which ranges from 0 to 100, reflects the quality of a company’s sustainability management system at the time of assessment. EcoVadis medals are awarded to companies that meet certain sustainability criteria and have successfully completed the assessment process, rewarding the best performance in the corporate landscape.
Specifically, the medals are divided as follows:
- Platinum (Platinum): best 1% of evaluated companies;
- Gold (Gold): best 5% of evaluated companies;
- Silver (Silver): best 15% of evaluated companies;
- Bronze: best 35% of evaluated companies;
The sustainable business management model promoted by EcoVadis helps companies mitigate operational and financial risks associated with dependence on nonrenewable resources, and manage natural resources responsibly.
By integrating environmental, social, and governance considerations into their operations, companies can reduce negative impacts on the planet and society while minimizing potential legal risks, penalties, and reputational damage.
From business management model to people: a journey that makes us proud
Sustainability encourages innovation, pushing companies to seek creative and technological solutions to environmental and social challenges, thereby creating new business opportunities and meeting the emerging needs of conscious consumers.
At Tecno ESG, the adoption and promotion of environmental, social, and governance criteria in business strategies represent a value that drives the entire organization, which has always been oriented to the three P’s of sustainability: People- Profit-Planet.
We recognize the value of sustainable business models, marked by the measurement and reduction of environmental impacts, respect for the land and people, focused on business growth and the distribution of value among stakeholders. It is thanks to this awareness, the foresight of the ownership, and the skills of our professionals that we were able to obtain this important recognition.
A new milestone that opens future scenarios oriented to the constant improvement of our sustainability performance, to continue to contribute to the achievement of the SDG’s identified goals.
To continue to grow and create value together.
