#green technology #EcoVadis #Envision Energy

Envision Energy Achieves EcoVadis Gold Rating

Envision Energy, a global name in green technology, has been awarded the prestigious EcoVadis Gold Rating for the second consecutive year. With approximately 49,000 companies evaluated worldwide, Envision stands out by ranking in the top 5% globally and the top 2% in its industry. This achievement underscores the firm’s enduring commitment to sustainability and leadership in promoting environmental responsibility.

The EcoVadis rating is the largest and most significant corporate social responsibility and sustainability assessment organization in the world. Covering more than 159,000 companies across over 185 countries and 250 industries, EcoVadis influences international procurement practices for over 1,400 multinational corporations. The assessment focuses on four crucial areas: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement, analyzing 21 topics and 704 indicators to evaluate companies thoroughly.

Envision scored 24 points above the industry average, especially excelling in domains concerning Environment, Labor & Human Rights, and claiming a notable distinction in Sustainable Procurement where it ranks in the top 1%. The EcoVadis evaluation praised Envision for its exceptional carbon management strategies, which feature a comprehensive greenhouse gas management framework and ambitious decarbonization commitments.

Leveraging its proprietary EnOS operating system, Envision has developed a Global Carbon Management System that encompasses its power plants, essential products, and core supply chains. This system facilitates detailed greenhouse gas accounting for all organizational operations, products, and supply chains. Certified by leading third-party authorities, the calculation models ensure accuracy and dependability in their assessments. By pinpointing high-emission areas and translating findings into concrete action points for reduction, Envision is helping drive effective and precise low-carbon transitions.

Building on its 2024 accomplishments, the company has reinforced its Environmental, Social, and Governance (ESG) practices, yielding remarkable results across all dimensions. Key highlights include:

• - Environment: Development of a proprietary sustainability platform fully integrated into corporate governance, aligning with top international disclosure standards for complete and transparent environmental reporting.
• - Labor & Human Rights: Implementation of thorough employee development strategies and personalized training initiatives, augmented by rigorous occupational health and safety regulations to identify and manage potential hazards systematically.
• - Ethics: Obtained ISO 37301:2021 Compliance Management System certification, evidencing compliance practices that align with international norms. The establishment of the Compliance and Business Ethics Committee (CBEC) supports initiatives for anti-corruption training and ensures the protection of customer data through regular assessments.
• - Sustainable Procurement: Enhanced procurement policies incorporate green principles into supply chain contracts, establishing ESG goals across all facets and facilitating thorough supplier due diligence to foster collaboration at all levels.

Through its global Carbon Management System, Envision consistently advances a responsible and sustainable supply chain ecosystem. Recognized as a leader in green technology, Envision has pioneered efforts in the low-carbon transition, being one of the first to pledge allegiance to the Science Based Targets initiative (SBTi). Since 2022, the company has attained operational carbon neutrality for three straight years, and as of 2024, it has achieved a noteworthy milestone with 100% renewable electricity use, fulfilling its RE100 commitment ahead of schedule.

In recent ratings, Envision garnered an impressive