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What it is and what are the advantages of the EcoVadis assessment

EcoVadis  aims to improve the environmental and social practices of companies by harnessing the influence of global supply chains. EcoVadis’ monitoring and evaluation system satisfies all CSR performance management needs in a complete and effective way. For years, Lanzi has been the winner of the EcoVadis Gold Medal prize.

What is EcoVadis

Since its founding in 2007, EcoVadis has grown to become the world’s largest and most trusted provider of business sustainability assessments, for performance improvement targeting global logistics chains, creating a global network of over 90,000 rated companies.

The goal is to provide reliable and globally recognized sustainability assessments and insights, enabling all companies to reduce risk, promote improvement and accelerate positive impact on our planet and society.

The EcoVadis assessment method

The EcoVadis sustainability assessment is a service that makes it possible to assess the impact of the company in terms of sustainability on the basis of concrete data.The assessment consists of a few simple steps consisting in the collection of company-specific information, which is then analysed by EcoVadis CSR experts. The assessment methodology is based on international standards such as the Global Reporting Index (GRI), ISO 26000, and the Global compact principles.

Why the EcoVadis assessment is required

For large multinationals, the environmental and social risks associated with suppliers are critical aspects and the advantages of adopting a sustainable procurement system are many:

  • reduction of the risk of supply chain disruption;
  • protection of corporate reputation and brands;
  • cost containment thanks to collaborative actions; 
  • easier access to capital and increased valuation;
  • market advantage in cases where consumers demand an ecological and responsible supply chain.

LANZI is currently EcoVadis Gold Medal!

Evidence-based ratings are easy to read using a scorecard system and zero to one hundred points (01-100) and medals (bronze, silver and gold), which show, in addition to strengths, potential for improvement. Companies can make use of these ratings to make their sustainability efforts more focused.

EcoVadis scorecards on sustainability are easy to use and useful for deciding concrete actions. They provide detailed information on the risks related to the environment, work and human rights, ethics and sustainable procurement of LANZI SRL, and many other companies, divided into 200 purchase categories and 160 countries.

Through the EcoVadis platform, Lanzi has been testing the processes related to corporate social sustainability since 2015, obtaining since 2018 the Gold Medal and increasing their score year by year.

This award is evidence of the daily efforts that LANZI implements to improve all processes in terms of corporate social responsibility (CSR), and to establish a transparent, ecologically and socially sustainable supply chain. A continuous commitment that with passion and determination the company has chosen to pursue to obtain more ambitious results.