Latest news with #EcoVadis
Yahoo
4 days ago
- Business
- Yahoo
US companies quietly maintaining, boosting sustainability investments in 2025: report
This story was originally published on ESG Dive. To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. Dive Brief: Despite the political backlash, U.S. companies have either maintained or increased sustainability investments since the beginning of 2025, according to a survey of 400 global executives at U.S. corporations released Tuesday by sustainability ratings and compliance firm EcoVadis. Nearly half of the respondents (48%) said their company's sustainability investments remain unchanged, and 31% said their company is investing more in sustainability this year, 'but promoting less.' Another 8% of respondents reported their company is still making sustainability investments but not talking publicly about it. The EcoVadis 2025 U.S. Business Sustainability Landscape Outlook found that despite the Trump administration's recent shifts on climate and sustainability policy, companies still see supply chain sustainability as an operational value-add. However, they have been less likely to publicize those efforts, or are 'greenhushing.' Dive Insight: EcoVadis said the 'greenhushing' occurring alongside increased investments shows many companies 'see it as a behind-the-scenes lever for long-term growth.' More than 6-in-10 respondents (65%) reported viewing supply chain sustainability as a 'competitive advantage,' according to the survey. The firm surveyed executives at U.S. companies with over $1 billion in revenue who are responsible for decision-making across their company's procurement, sustainability, supply chain, finance, risk and compliance and IT departments, according to the report and an accompanying press release. Among executives at the director and VP level, 62% of respondents said they believe 'supply chain sustainability helps attract and retain customers.' That view was shared by 59% of C-suite executives who responded. 'Even as the debate over business sustainability heats up, executives are focused on the reality — sustainability is what keeps supply chains running and customers on board,' EcoVadis Co-CEO Pierre-François Thaler said in the Tuesday release. Only a small minority of respondents surveyed said their companies have either decreased sustainability investments in 2025 (7%) or are making the minimum investments required for compliance (6%). The belief in sustainability as 'directly' supporting business growth and development is shared by 52% of finance professionals who responded, and 29% of finance professionals believing it's 'financially neutral.' 'Corporate leaders agree that supply chain sustainability isn't just about values or regulations — it's also about staying competitive in a shifting global market,' the report said. While the Securities and Exchange Commission has reversed course on its climate-risk disclosure rule and withdrawn a proposed ESG disclosures rule, 47% of C-suite executives believe that rolling back ESG oversight will lead to increased supply chain disruptions, EcoVadis found. Thirty-five percent of all respondents said ESG regulatory rollbacks 'could backfire,' and 28% view the rollbacks as risky. A recent survey of 125 large U.S. and multinational companies by The Conference Board found that 80% of respondents had altered their ESG strategies since January in response to policy changes. However, just 8% of respondents to The Conference Board survey reported doubling down on ESG investments. Recommended Reading Companies are recalibrating ESG strategies in response to US policy shifts: report
Business Wire
5 days ago
- Business
- Business Wire
Asahi Kasei's Microza® Hollow Fiber Membrane for Filtration and Separation Receives Gold Rating in EcoVadis Sustainability Assessment
TOKYO & NOVI, Mich. & DÜSSELDORF, Germany--(BUSINESS WIRE)-- Japanese technology company Asahi Kasei has announced that its Microza & Water Processing Division, which provides Microza® hollow-fiber membranes for filtration and separation, received a Gold rating in the EcoVadis sustainability assessment conducted in June 2025. EcoVadis is a sustainability assessment company based in France that performs the review annually. This rating places the Asahi Kasei division among the top 5% of all entities assessed. Microza® is used broadly in two areas: water treatment processes, such as water purification and wastewater/industrial water reuse; and industrial processes, including filtration and separation in biopharmaceuticals, pharmaceutical water, food, and industrial chemicals. By providing membrane technology for these applications, Asahi Kasei contributes to improved productivity, reduced environmental impact, and effective utilization of limited water resources. The EcoVadis assessment evaluates corporate sustainability initiatives across four categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. This assessment targeted manufacturing at the Microza® Fuji Plant and related supply and value chain activities. The Microza & Water Processing Division received particularly high marks in the Environment category. EcoVadis ratings are based on international sustainability standards and have been awarded to over 150,000 companies across 185 countries and 250 industries. The EcoVadis evaluation has become a globally recognized benchmark for objectively assessing corporate sustainability efforts. 'Receiving this Gold rating is a significant milestone for our business and reinforces our commitment to supporting society through membrane and separation technologies,' said Satoshi Kobayashi, Senior General Manager of the Microza & Water Processing Division. 'By strengthening technological innovation and global collaboration, we will continue to provide solutions that conserve safe and clean water resources while enhancing productivity in separation and concentration processes across various industries, creating new value for a more sustainable society.' The Asahi Kasei Group is committed to promoting sustainability initiatives across all business areas. To maintain transparency and accountability, the organization publishes an annual sustainability report outlining activities and achievements. To learn more, visit About the Microza & Water Processing Division The Microza & Water Processing Division provides Microza® hollow-fiber membrane-based separation solutions in a wide range of fields, including pharmaceuticals, biotechnology, food processing, environmental protection, and water treatment. The division contributes to improving water quality and effectively utilizing limited water resources through applications such as wastewater and industrial water reuse and water purification, thereby enhancing the quality of life for people worldwide. Product website: About Asahi Kasei The Asahi Kasei Group contributes to life and living for people around the world. Since its foundation in 1922 with ammonia and cellulose fiber business, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every age. With more than 50,000 employees worldwide, the company contributes to sustainable society by providing solutions to the world's challenges through its three business sectors of Healthcare, Homes, and Material. For more information, visit Asahi Kasei is also dedicated to sustainability initiatives and is contributing to reaching a carbon neutral society by 2050. To learn more, visit
Yahoo
7 days ago
- Business
- Yahoo
Established Players Like SAP Ariba, Coupa, and Oracle Lead the Competitive $7.9 Billion Industry
The Procurement Technologies and Services market is evolving rapidly, offering a range of capabilities from e-sourcing and spend analytics to AI-driven platforms for automation and real-time ESG integration. This growth is propelled by enterprise investments and SMB adoption of Procurement-as-a-Service solutions. Key players like SAP Ariba, Coupa, and emerging startups such as EcoVadis and Simfoni are innovating with AI/ML and cloud-native technologies. North America leads in digitalization initiatives, while strategic sourcing dominates by component application. Despite facing data security challenges, the market is supported by major players and strategic partnerships driving innovation and competitive intensity. Procurement Technologies and Services Market Dublin, July 15, 2025 (GLOBE NEWSWIRE) -- The "Procurement Technologies and Services Market - A Global and Regional Analysis: Focus on Application, Product, and Country Analysis - Analysis and Forecast, 2025-2034" report has been added to offering. Procurement Technologies and Services Market projected to reach $21.23 billion by 2034 from $7.93 billion in 2025, growing at a CAGR of 11.5%The Procurement Technologies and Services market today encompasses a broad suite of capabilities - ranging from e-sourcing and spend analytics to supplier-risk management and full procurement-as-a-service offerings - delivered via on-premise, cloud-native and hybrid deployment models. Major enterprise buyers are investing in AI-driven platforms that automate routine workflows, enable prescriptive sourcing insights and integrate real-time ESG metrics, while mid-market and SMB segments are increasingly adopting modular Procurement-as-a-Service (PaaS) solutions to lower upfront costs and accelerate time-to-value. This dynamic ecosystem is supported by an expanding roster of incumbent vendors (SAP Ariba, Coupa, Ivalua) alongside a wave of specialized startups (EcoVadis, Scoutbee, Simfoni), all vying to deliver deeper analytics, seamless ERP integration and enhanced supplier collaboration tools. Procurement Technologies and Services Market Lifecycle StageThe market is firmly in its growth stage, marked by accelerating adoption curves, prolific product innovation and rising competitive intensity. While early entrants focused on basic e-procurement and contract-management modules, the past 18 months have seen an influx of advanced AI/ML capabilities, cloud-native architectures and vertical-specific service levels are high - both from strategic acquirers seeking to consolidate capabilities and from venture-backed challengers introducing next-generation analytics and collaboration platforms. As integration complexity and data-privacy requirements mature into standardized best practices, the market is transitioning toward maturity, with consolidation and differentiation becoming the defining themes of the next 24 months. Procurement Technologies and Services Market Key Players and Competition SynopsisThe Procurement Technologies and Services market is dominated by a cohort of established software providers - led by SAP Ariba (SAP SE), Coupa Software, Oracle Procurement Cloud, Ivalua and Jaggaer - alongside specialist vendors such as Zycus, GEP and Proactis. These leaders vie for prominence through differentiated value propositions: SAP Ariba leverages deep ERP integration and expansive partner ecosystems; Coupa emphasizes a unified, AI-native spend-management platform with a rich community-sourced benchmark database; Oracle capitalizes on its autonomous cloud infrastructure to embed advanced analytics across source-to-pay workflows; Ivalua and Jaggaer focus on configurability and rapid time-to-value for complex sourcing is further intensified by the emergence of niche players - IBM Emptoris in supplier risk management, SynerTrade for configurable e-sourcing, and innovative startups delivering modular Procurement-as-a-Service offerings - prompting continuous feature expansion, strategic acquisitions and ecosystem alliances aimed at capturing both large-enterprise and mid-market segments. Key Attributes: Report Attribute Details No. of Pages 120 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $7.93 Billion Forecasted Market Value (USD) by 2034 $21.23 Billion Compound Annual Growth Rate 11.5% Regions Covered Global Demand Drivers and Limitations The following are the demand drivers for the global procurement technologies and services market: AI-Driven Digital Transformation The global procurement technologies and services market is expected to face some limitations as well due to the following challenges: Data Security and Privacy Regulations Current and Future Impact Assessment Stakeholder Analysis Use Case End User and Buying Criteria Market Dynamics Overview Market Drivers Market Restraints Market Opportunities Investment Landscape and R&D Trends Supply Chain Analysis Future Outlook and Market Roadmap Procurement Technologies and Services Market Segmentation: Application:Manufacturing is one of the prominent application segments in the global procurement technologies and services market. Manufacturing BFSI Energy Travel and Hospitality Healthcare Others Component: The global procurement technologies and services market is estimated to be led by the strategic sourcing segment in terms of component. Strategic Sourcing Spend Management Category Management Process Management Contract Management Transactions Management Region: North America is anticipated to gain traction with increasing digitalization demand and government initiatives North America - U.S., and Canada Europe - Germany, France, Italy, Spain, U.K., and Rest-of-Europe Asia-Pacific - China, Japan, South Korea, India, and Rest-of-Asia-Pacific Rest-of-the-World - South America and Middle East and Africa Some prominent names established in the procurement technologies and services market are: Accenture Infosys GEP Genpact Proxima WNS Capgemini IBM Wipro HCL TCS Xchanging Aegis Corbus CA Technologies For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Procurement Technologies and Services Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
13-07-2025
- Business
- Zawya
Alba awarded EcoVadis Platinum rating for the second time, championing a sustainable tomorrow
RELATED TOPICS INDUSTRIAL RELATED COMPANIES Maaden Ntl Safty Concl British Safety Bureau Veritas MANAMA (ALBH): Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, is proud to announce that it has secured once again the esteemed EcoVadis Platinum Rating. This marks the second consecutive year Alba has achieved top-tier recognition, confirming Alba's position as a visionary leader, setting the benchmark in operational excellence, environmental stewardship and corporate social responsibility. 'To receive the EcoVadis Platinum Rating for the second consecutive year is an immense source of pride for Alba. We are deeply invested in pushing our boundaries to driving positive environmental and social impact, continuously improving our practices, and supporting a greener Bahrain and a more sustainable world. This achievement inspires us to aim even higher,' said Ali Al Baqali, Alba's Chief Executive Officer. The EcoVadis Sustainability Rating assesses organisations across four key pillars: environment, labour and human rights, ethics, and sustainable procurement. Alba's attainment of the platinum tier places the Company among the top 1% of companies assessed globally. -Ends- About Aluminium Bahrain B.S.C. (Alba) [Ticker: ALBH] A Global Aluminium Leader: At plus-1.62 million metric tonnes per annum (mtpa) (2024), Alba is a world-leading aluminium smelter with a proud 50-year legacy in operational excellence, safety, environmental responsibility, and community development. Trusted Partner: A cornerstone of the Bahrain's economy, Alba produces high-quality aluminium, including standard and value-added products, which are exported to over 280 customers globally. With sales' offices in Europe (Zurich), Asia (Singapore), and a subsidiary in the U.S., Alba is a reliable partner on the world stage. Alba is dually listed on Bahrain Bourse and London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B.S.C. © (69.38%), Saudi Arabian Mining Company (Ma'aden) (20.62%) and General Public (10%). Alba prioritises the highest quality standards, reflected in its certifications: ISO 9001 (quality), ISO 14001 (environment), ISO 27001 (information security), ISO 45001 (occupational health and safety), and ISO 18788 (security operations management). Additionally, Alba demonstrates its commitment to responsible manufacturing through certifications like IATF 16949 (automotive quality), ISO 22301 (business continuity management), ASI Performance and Chain of Custody Standards, and a top 1% Platinum sustainability rating from EcoVadis. Pioneering Sustainability: As the first aluminium smelter in the Middle East, Alba is central to Bahrain's thriving downstream aluminium sector, contributing significantly to the Kingdom's GDP. Committed to social responsibility, Alba employs a workforce that is 87% Bahrainis (2024) and invests heavily in employee training and development. Alba also plays a crucial role in the Aluminium Downstream Park, therefore increasing the contribution of non-oil sectors to the GDP of Bahrain. Alba has been recognised for its initiatives to produce Aluminium responsibly through awards such as Top ESG performer in Bahrain by ESG Invest, Safeguard Label from Bureau Veritas and Best Corporate Governance Award by Ethical Boardroom. Recognised for its environmental practices, social contributions, and corporate governance, Alba launched a comprehensive ESG Roadmap in 2022 focusing on 6 priority areas: (1) Decarbonisation, (2) Green Energy & Aluminium, (3) Circular Economy & Secondary Aluminium, (4) Employee Welfare, (5) Collaboration & Partnership and (6) Transparency, Communications & Due Diligence. Since its inception, Alba has invested into numerous environment, sustainable and socio-economic development projects that have had a positive impact on the society. Alba's first-of-its-kind US$37.5 million zero-waste Spent Pot Lining Treatment Plant, Power Station 5 Block 4 Project, and the upcoming +6 MW Solar Farm Project are tangible initiatives aligned with Bahrain's Net Zero Carbon Targets by 2060 led by HRH the Crown Prince and Prime Minister of Bahrain. Specifically, Alba's PS5 Block 4 is a new 680.9-megawatt (MW) combined-cycle power plant that expands the existing PS5 facility. Block 4 has increased the nameplate capacity of PS5 Complex from 1,800 MW to 2,481 MW and is reducing the Company's overall GHG emissions intensity ratio by 0.5 tonnes of CO2 per 1 tonne of aluminium produced. In a significant step towards its ESG goals, particularly its commitment to a circular economy and secondary aluminium, Alba introduced EternAlTM, its new line of low-carbon aluminium products. Launched in June 2025, EternAl offers two product series with multiple variations to meet diverse customer needs: one featuring recycled content, and the other integrating verified in-house carbon offsets. Safety First, Always: Guided by the motto "Safety First, Safety Always," Alba prioritises the well-being of its employees and contractors. The Company achieved a record-breaking 37 million safe working hours without a lost-time injury in June 2025. The Company has been recognised internationally for its excellent Safety and Health track record with awards such as the RoSPA's Lifetime President and President Awards (10+ Gold Medal Awards), the British Safety Council's International Safety Award with Merit along with 4-Star Audit Rating, as well as numerous awards from the National Safety Council (NSC). Alba Stakeholder Engagement Plan Alba prioritises open communication with all its stakeholders, including the community, environmental and social groups. Through its Stakeholder Engagement Plan, the Company proactively addresses environmental and social impacts of its operations, outlining clear mitigation controls. Alba also maintains an external Grievance Mechanism accessible through the Code of Conduct, allowing stakeholders and the public to voice concerns and raise issues. Alba's External Grievance Mechanism Alba prioritises ethical conduct and environmental responsibility. Stakeholders, employees, contractors, and the community can confidentially report any potential breaches of Alba's Code of Conduct or raise concerns about environmental and social impacts through the Alba Integrity Line. This independent, multilingual hotline operates 24/7 and is accessible via a toll-free phone number, the company intranet, or the website at For further details, please contact: Eline Hilal Director, Investor Relations, Insurance & Corporate Secretary Investor Relations Department E-mail: Website: Follow us on:
Business Wire
11-07-2025
- Business
- Business Wire
With a Score of 84 out of 100, Sagemcom Is Awarded the EcoVadis Platinum Medal: a Prestigious Recognition of its CSR Commitment
BOIS-COLOMBES, France--(BUSINESS WIRE)--Sagemcom Group is proud to announce that it has been awarded, for the third time, the Platinum Medal by EcoVadis, the highest distinction granted by the leading global platform for assessing Corporate Social Responsibility (CSR) performance. With a score of 84 out of 100, Sagemcom awarded the EcoVadis Platinum Medal: a prestigious recognition of its CSR Commitment. This medal places Sagemcom in the top 1% of companies evaluated worldwide, across all industries. With a score of 84 out of 100, Sagemcom reaffirms its position as a committed leader in ecological transition, business ethics, sustainable supply chain management, and social responsibility. 'The EcoVadis Platinum Medal is more than just an award — it is the recognition of our collective efforts to embed sustainable development principles at the heart of our corporate strategy and culture,' says Sylvaine Couleur, Executive Vice President, CSR & Communication. 'Achieving this level demonstrates that our commitments are tangible, impactful, and internationally recognized. This distinction strengthens our determination to further advance and expand our CSR commitments, in service of our customers, partners, and teams.' The EcoVadis assessment is based on 21 criteria grouped into four key themes: environment, labor and human rights, ethics, and sustainable procurement. Through its structured and measurable actions in these areas, Sagemcom has proven its ability to combine economic performance with positive impact. About Sagemcom All over the world, thanks to the innovative solutions designed and built by its teams, Sagemcom provides, to the greatest number of people, access to broadband Internet, entertainment, and managed energy supply. As a 'mission-driven company' since January 2022, Sagemcom makes sure that the design, construction and use of these solutions are sustainable, and fulfil the environmental and societal commitments known and shared by all its teams, partners and stakeholders. A technology leader in its markets, Sagemcom is 30% owned by its employees, has achieved over €2.3 billion turnover in 2024, and is profitable since it was founded.
