AMD Consulting

A global life-sciences & specialty chemicals distribution company significantly improved its sustainability practices and EcoVadis rating.

Overview

The company embarked on sustainability (ESG) journey in 2022 and needed to improve its EcoVadis rating significantly to meet growing customer demands on ESG criteria. With its global operations, the company needed a clear and unified plan to improve its environmental, social, governance, and sustainable procurement standards.

Challenges
  • Inconsistent sustainability practices and maturity levels across global locations.
  • Difficulty measuring and reporting greenhouse gas (GHG) emissions at the global level.
  • Inadequate process and methodology to evaluate suppliers, especially in risky area such as APAC.
  • Need for improved EcoVadis score to increase credibility among the key customer base.
Solutions

Over nine months of 2023, our team worked with the company to improve its sustainability performance across all four key areas – environmental, social, governance, and the broader supply chain. Various work streams included

Various work streams included – 

  • Environment:

Developed a robust system to measure & report GHG emissions on a monthly basis at all sites.

  • Social:

Built consistent policies & procedures across global sites emphasizing on key Labor & Human Rights aspects – child & forced labor, EHS, employee welfare etc.

  • Governance:

Conducted anti-corruption risk assessment and helped consolidate reporting on the anti-corruption and cyber security issues.

  • Procurement:

Developed a robust supplier assessment process that included questionnaire based evaluation followed by a site audit. Over 100 top suppliers were assessed.

Results

The company improved its EcoVadis rating from Bronze (57th percentile) to Gold (93rd percentile).

Key outcome of this exercise included – 

  • Improved EcoVadis score from 52 to 70, with a Gold rating.
  • Strengthened supply chain sustainability through regular supplier assessments and audits

Enhanced sustainability practices across all areas: environmental, social, governance, and procurement.

Improving sustainability practices has become paramount for the companies to meet increasing customer demands.

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