Ecovadis

Ecovadis, a leading management consulting firm headquartered in France, has demonstrated a commitment to reducing its environmental impact through several key initiatives and emissions reporting.

Carbon Emissions Data:

In 2024, EcoVadis reported a total of approximately 5.05 million kg CO2e. This figure was comprised of:

• Scope 1 emissions: Approximately 6,000 kg CO2e.
• Scope 2 emissions: Approximately 11,000 kg CO2e (market-based) and approximately 251,000 kg CO2e (location-based).
• Scope 3 emissions: Approximately 5.03 million kg CO2e, with significant contributions from purchased goods and services (approximately 2.82 million kg CO2e), business travel (approximately 1.26 million kg CO2e), and employee commute (approximately 509,000 kg CO2e).

In 2023, total emissions were approximately 4.20 million kg CO2e, with Scope 1 emissions at around 13,000 kg CO2e and Scope 2 emissions at approximately 82,000 kg CO2e. Scope 3 emissions accounted for approximately 4.10 million kg CO2e.

Previous years' data includes:

• 2022: Total emissions of approximately 3.75 million kg CO2e, with Scope 1 emissions at approximately 3,000 kg CO2e, Scope 2 emissions at approximately 61,000 kg CO2e, and Scope 3 emissions at approximately 3.69 million kg CO2e.
• 2021: Total emissions of approximately 1.91 million kg CO2e, with Scope 1 emissions at approximately 3,000 kg CO2e, Scope 2 emissions at approximately 51,000 kg CO2e, and Scope 3 emissions at approximately 1.85 million kg CO2e.
• 2020: Total emissions of approximately 1.73 million kg CO2e, with Scope 2 emissions at approximately 212,000 kg CO2e and Scope 3 emissions at approximately 1.57 million kg CO2e. Scope 1 data was not reported for this year.
• 2019: Total emissions of approximately 2.27 million kg CO2e, with Scope 2 emissions at approximately 216,000 kg CO2e and Scope 3 emissions at approximately 2.05 million kg CO2e. Scope 1 data was not reported for this year.

Climate Commitments and Reduction Targets:

EcoVadis has established ambitious targets aligned with scientific consensus:

• Science-Based Targets: EcoVadis is committed to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030, using a 2019 baseline. Additionally, they aim to increase their sourcing of renewable electricity from 22% in 2019 to 100% by 2030. For Scope 3 emissions, a reduction of 55% per unit value added by 2030 from a 2019 baseline is targeted across several categories including purchased goods and services, capital goods, and business travel. Longer-term, EcoVadis commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2040 from a 2019 baseline, and Scope 3 GHG emissions by 97% per EUR value added within the same timeframe.

• Net-Zero Commitment: EcoVadis has committed to achieving net-zero GHG emissions across its value chain by 2040.

• Near-Term Goals:

  • An aim to reduce Scope 1 and Scope 2 emissions to near zero by the middle of the decade.
  • A commitment to reduce Scope 1 and Scope 2 emissions by 50% from a 2020 baseline by 2030.
  • A commitment to achieve carbon neutrality in all of its sites by 2025, through energy efficiency improvements and the use of 100% renewable energy.

These commitments underscore EcoVadis's dedication to environmental stewardship within the management consulting sector.