At Sims Lifecycle Services, we understand the importance of sustainability and it is a priority for us. We are a business division of Sims Limited, and we share our parent company’s purpose – to create a world without waste to preserve our planet. A key part of this is positioning our business to deliver the highest environmental, social and governance (ESG) standards and be recognized by third party organizations to validate our efforts.
As the world’s leading independent provider of business sustainability ratings, EcoVadis serves as a valuable check-in of our progress. Sims Lifecycle Services scored 69/100 in our recent EcoVadis assessment, which means that we are now proud owners of EcoVadis’ Gold accolade. This places us in the top 5% of businesses participating in the ratings platform.
EcoVadis is an industry-wide sustainability rating agency, helping to drive global supply chain sustainability. They have developed scorecard that rates companies across a broad range of non-financial management systems including Environmental, Labor and Human Rights and Ethics and Sustainable Procurement impacts. EcoVadis assesses a company’s sustainability performance by evaluating the company’s policies, actions and results, as well as input from third-party providers and external stakeholders.
The rating not only shows companies their placement in terms of sustainability performance, but it also shows the potential for improvement and creates a uniform standard that is well-communicated to the outside world. A rating such as EcoVadis creates a useful benchmark for us to monitor progress toward our goals. Additionally, it provides a level of motivation and a sense of ambition among companies, which is important when encouraging sustainability at an organizational level.
By utilizing EcoVadis, we give our clients comprehensive insight into our ESG performance. This gold standard is external recognition of our firm commitment to sustainable practices. With supply chains accounting for 90%, or more, of many companies’ environmental footprint, the performance of supply chain vendors is critical to achieving Scope 3 reduction goals. To drive meaningful sustainability impacts, companies need to look beyond their own operations and prioritize suppliers who align with their environment, social, and corporate governance (ESG) goals.
The EcoVadis ratings systems allows subscribers complete transparency on the performance of their service providers. This means that you can feel confident you have selected an organization focused on circularity who truly embraces sustainability as a fundamental business requirement.
Sustainability and Corporate Responsibility
Our commitment to reducing our carbon emissions by 2025.