These commitments come at a time when many countries are beginning to implement the Global Biodiversity Framework adopted at COP15. Joining these two initiatives underlinesEcoVadis ' commitment to accelerating change in the environmental footprint of companies.
"Protecting nature isn't just good for the planet - it's essential for economic resilience and the stability of supply chains," explains Pierre-François Thaler, co-founder and co-CEO of EcoVadis. "Our platform provides companies with the intelligence they need to act now against biodiversity erosion. By joining these global initiatives, we are affirming our role in making businesses part of the solution." EcoVadis data from performance assessments conducted in 2023, compared with preliminary analyses for 2024 (to be published this summer) show progress in companies' commitments: 51% of companies have a climate policy (vs. 40% in 2023); 28% have a water management policy (vs. 24%); 17% have a biodiversity policy (vs. 15%); 23% have defined climate targets (vs. 17%); 7% have water-related targets (vs. 4%); 3% have biodiversity targets (vs. 2%).
EcoVadis offers detailed assessments of sustainability risks - including biodiversity loss factors - in sectors such as agriculture, construction and mining, and regularly joins new international initiatives, as it did for "Friends of EFRAG".
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