Pace is fully committed to promoting Responsible Business and CSR practices throughout its supply chain. One of Pace’s priorities is to integrate CSR assessment into its Supplier evaluation, approval and on-going monitoring activities.
To help achieve this Pace has partnered with EcoVadis to conduct an independent analysis of the CSR performance of Preferred and Approved Suppliers.
The EcoVadis methodology is supervised by a scientific committee, comprised of recognized CSR experts, and managed through an advanced web platform offering collaborative and comparative analysis on companies CSR policies and performance.
The EcoVadis rating system provides simple and reliable supplier CSR scorecards. Combined with Pace’s supplier management processes, it enables improved communication of sustainability performance to buyers and suppliers.
The EcoVadis rating system also enables Pace to focus its internal resources on the development of prioritized improvement plans focused on risk and performance improvement.
To learn more about EcoVadis and their approach: https://vimeo.com/118895789