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Joining the " Friends of EFRAG " (European Financial Reporting Advisory Group) enables EcoVadis to align itself even more closely with the new European Sustainability Reporting Standards (ESRS), developed by EFRAG. This partnership goes beyond mere institutional support: it aims to reinforce interoperability between EcoVadis' methodology and the requirements of the European CSRD (Corporate Sustainability Reporting Directive).
In concrete terms, companies assessed by EcoVadis will be able to use their results more easily to feed their CSRD reports, notably on ESG value chain and due diligence criteria. EcoVadis will bring its expertise to bear in promoting operational convergence between different international and European standards, facilitating the work of multinational companies faced with the proliferation of ESG regulations. For EcoVadis, this also represents a strategic opportunity to expand its presence in the major US, UK and Japanese markets, where pressure for credible sustainability reporting is growing. By strengthening the interoperability of its assessments, EcoVadis is offering its customers a more fluid solution, more widely recognized and better adapted to future regulatory obligations.
EcoVadis, founded in 2007 by Frédéric Trinel and Pierre-François Thaler, has become a key player in corporate social responsibility (CSR), assessing the performance of over 100,000 companies in 185 countries. "Our methodology has always been aligned with international standards such as the UN Global Compact, OECD guidelines, as well as other EFRAG partners such as the Global Reporting Initiative (GRI). Our aim is to provide all our customers with the value chain data they need for CSRD reporting, and to contribute positively to global environmental and social issues", commented Pierre-François Thaler.
