ecovadis

News & Recognition

Celebrating EcoVadis Gold Medal: Sievo Ranks in the Top 5%!

Fulya Karacaoglu Oct 20, 2023

We're proud to have achieved the EcoVadis Gold Medal, securing an impressive score of 71 out of 100 in this year's assessment. This positions us among the top 5% of global sustainability performers. We're also pleased to have achieved a significant improvement of 10 points from the previous year. This underscores our ongoing commitment to sustainable practices. 

This year's achievement holds even greater significance for us, as the recognition extends beyond our headquarters in Helsinki, Finland. For the first time, we also included our offices in Chicago, USA, and Bucharest, Romania in the assessment. 

 

About EcoVadis 

EcoVadis is a trusted provider for sustainability ratings, evaluating more than 100,000 companies worldwide. Their methodology ensures a thorough and evidence-based assessment. We participated by offering comprehensive data and documentation, keeping a transparent approach throughout the evaluation process. 

The rating centers around four themes:

  • Environment
  • Labor and human rights
  • Ethics
  • Sustainable procurement 

Our Standout Theme: Environment 

In the environmental category, we excelled with an overall score of 80! They evaluate various factors such as waste management and energy consumption. We are truly happy to see this testament to our efforts to minimize our environmental footprint and to measure CO2 emissions. 

 

What's on the Horizon? 

While achieving the gold medal is a significant milestone for Sievo, we acknowledge that we still have a long way to go, just like any other organization. We're committed to maintaining this positive trajectory and continuously pushing for improvement. 

 

"We understand that sustainability is not just about company policies or top management decisions. It's a shared commitment. As our next steps, we would like to approach sustainability more strategically, set ambitious targets and invest further in our culture where each one of us actively contributes to our sustainability goals, no matter what our role in the company."  - Pihla Kivihuhta, Sustainability & Training Partner. 

 

Looking ahead, we aim to serve as industry role models and leaders in sustainable business practices. We hold ourselves accountable for exemplifying these practices, especially as we enable other enterprises with our ESG solutions, empowering them to reduce emissions, establish diverse supplier bases, and strengthen their sustainable procurement practices.