Bronze for on-geo
News & Events
Jul 11, 2024
It's clear: companies need effective sustainability management to minimize the negative impacts of their activities on the environment and society. At on-geo, we also place great importance on improving our sustainability performance and thus making a positive contribution to future-proof and ethical supply chains. This is precisely where CSR (Corporate Social Responsibility) ratings come into play.
EcoVadis is now the world's largest provider of sustainability ratings for global supply chains. Founded in Paris in 2007, EcoVadis assesses over 130,000 companies in 175 countries worldwide – and on-geo joined this year. The EcoVadis rating examines 21 sustainability criteria in four areas: environment, labour and human rights, ethics, and sustainable procurement. The criteria are based on international standards such as the ten principles of the UN Global Compact, the conventions of the International Labor Organization (ILO), the Global Reporting Initiative (GRI) standard, and the ISO 26000 standard.
The assessment methodology aims to measure the quality of a company's sustainability management system based on three management pillars: policies, actions, and the reporting of results and key performance indicators (KPIs). This concept is based on the PDCA (Plan, Do, Check, Act) cycle, which forms the foundation for many management systems worldwide. Using a questionnaire that takes into account a company's industry, size, and location, information and evidence on sustainability performance are collected and analyzed. The assessment result is communicated via the scorecard and remains valid for twelve months.
on-geo in check
Overall, we achieved 63 out of 100 points in the initial assessment in 2024, placing us in 81st percentile. By comparison, other companies in our "Information Technology Services" sector received an average score of 53 in 2024. EcoVadis' overall assessment also shows that on-geo is among the top 13 percent of assessed companies in this sector. We performed particularly well in the areas of environment, labor and human rights, and ethics, compared to our industry: 60 points in the environment, and 70 points in labor and human rights, and ethics. However, in the area of "Sustainable Procurement," on-geo only achieved the rating "incomplete." This corresponds to the modal value, i.e., the number of points awarded most often to companies within this category.
The achieved percentile (81st percentile) means our score is equal to or higher than 81 percent of the companies participating in the EcoVadis rating, meaning only 19 percent performed better. This immediately earned us Bronze, placing us among the top 35 percent (65th percentile or higher) of all companies rated across all industries over the past 12 months.
Another important part of the rating is the so-called "360° Watch" results: These contain relevant public information about a company's sustainability practices, compiled from more than 100,000 data sources (including NGOs, the press, and trade unions). The results are incorporated into the assessment and can have a positive, negative, or neutral impact on the score. Our 360° Watch result was without any anomalies and was therefore rated as good.
For us, the EcoVadis rating is an important tool for illustrating, reflecting, and evaluating our sustainability performance. Above all, our achieved percentile ranking demonstrates that we are significantly above average in terms of environmental protection, social responsibility, and ethical corporate governance. This positive sign motivates us to continue improving and to continue to focus on sustainable business practices in the future.
