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EcoVadis — Catching Up on a Provider to Know

10/18/2019 By

EcoVadis, a provider of ratings on companies’ sustainability and corporate social responsibility efforts, was named to Spend Matters’ 50 to Know list six months ago. It’s the third year running that it has been highlighted as one of the providers to know in the procurement technology sector that we cover.

This year, we’ve taken an in-depth look at EcoVadis in a PRO series by our analysts, and we’ve covered some of EcoVadis’ latest findings on sustainable procurement.

EcoVadis can be a slightly challenging provider to put into a box and review. It is part intelligence network (for CSR data), part SaaS/cloud provider (in support of CSR data gathering and intelligence), and part enablement partner to companies for data collection. So EcoVadis defies easy categorization.

Technology is, however, a component of its offering. As the Spend Matters analyst team has noted before in PRO coverage, “EcoVadis provides an enabling set of supplier on-boarding, supplier portal and supplier information management (SIM) capabilities in order to support sustainability and CSR ratings and monitoring. It is also in the early stages of offering extended risk reporting and insights via integrating partner capabilities, among other investments.”

We encourage Spend Matters readers to take a closer look at our recent subscription research and new coverage to better understand how EcoVadis can fit into their solution portfolio to drive extend sustainability and CSR considerations into the supply chain. While substitute approaches exist for supplier CSR enablement, there’s no provider quite like EcoVadis.

PRO COVERAGE:

After EcoVadis’ Sustain 2019: Company Update, Solution Overview and Technology Enhancements (Part 1) [PRO]

March 14, 2019

After EcoVadis’ Sustain 2019: How Its Offering Fits With Supplier Management, Risk Management Solutions (Part 2) [PRO]

March 21, 2019

After EcoVadis’ Sustain 2019: Product Strategy, Roadmap and Prospect/Customer Analysis (Part 3) [PRO]

March 22, 2019

EcoVadis: Vendor Analysis (Part 1) — Background & Solution Overview [PRO]

April 26, 2017

EcoVadis: Vendor Analysis (Part 2) — Product Strengths & Weaknesses [PRO]

May 3, 2017

EcoVadis: Vendor Analysis (Part 3) — Competitive and Summary Analysis [PRO]

May 30, 2017

NEWS ARTICLES:

EcoVadis, NYU report on the state of sustainable procurement

August 29, 2019

Visibility is Key to Managing CSR Risks in Indirect Spend, EcoVadis Says

May 9, 2019

EcoVadis to Add Risk Mapping Tool, On-Site Audit Feature to Its Core CSR Rating

March 26, 2019

Sustainability and Supplier Data: EcoVadis, Healthcare Firms Share Information for ‘Responsible Health Initiative’

March 11, 2019