#Sustainability #EcoVadis #Envision Energy

Envision Energy's Remarkable Achievement

Envision Energy, a prominent player in the green technology arena, has once again made headlines by securing the prestigious EcoVadis Gold Rating. This achievement not only highlights the company’s dedication towards sustainable practices but also places it in the top 2% of its industry. This year, about 49,000 companies worldwide were assessed, and Envision’s performance continues to set benchmarks in environmental stewardship.

Significance of the EcoVadis Gold Rating

The EcoVadis ratings are widely regarded as a benchmark in assessing corporate social responsibility and sustainability efforts across various industries. Envision’s ranking in the top 5% globally and 2% in the green technology sector speaks volumes about its commitment to enhancing sustainability practices. The recognition reflects the commitment to a greener planet and adherence to international standards regarding responsible business operations.

EcoVadis evaluates organizations based on four essential pillars: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Each category is analytically assessed through various topics and indicators that provide a comprehensive overview of a company's practices. Envision has scored an impressive 24 points above the industry average, particularly excelling in Environment and Labor & Human Rights.

Outstanding Practices Recognized

A notable highlight from EcoVadis's evaluation is the praise for Envision's robust carbon management strategies. The company has implemented a comprehensive greenhouse gas management framework, showcasing ambitious decarbonization targets and a strong action plan for monitoring performance. With its innovative EnOS operating system, Envision has developed a global Carbon Management System that spans across its operations, including power plants and supply chains. This system ensures accurate greenhouse gas accounting and leverages advanced statistical models certified by third-party organizations for scientific precision.

Identifying emission hotspots and converting insights into feasible reduction strategies, Envision fosters effective low-carbon transitions, reinforcing its role as a leader in sustainable energy solutions.

Continuous Improvement in ESG Practices

Building upon the achievements of 2024, Envision has consistently enhanced its environmental, social, and governance (ESG) practices. Highlights include:

• - Environment: Establishing a proprietary sustainability platform that adheres to global disclosure standards, ensuring transparency in environmental reporting.
• - Labor & Human Rights: Implementing comprehensive training programs and health & safety procedures that mitigate risks to employees’ well-being.
• - Ethics: Achieving ISO 373012021 Compliance Management System certification, demonstrating alignment with international regulations governing compliance and ethical practices.
• - Sustainable Procurement: Reinforcing green principles within supply chains and setting clear ESG targets.

The company’s proactive approach toward procurement fosters collaboration throughout its supply chain, reinforcing a commitment to continuous improvement in sustainability standards.

Achievements in Carbon Neutrality

Envision Energy’s journey towards sustainability has positioned it at the frontlines of the industry’s low-carbon transition. The company has made substantial progress by committing to the Science Based Targets initiative (SBTi), achieving operational carbon neutrality for three consecutive years since 2022. In 2024, it successfully transitioned to 100% renewable electricity usage, surpassing its RE100 commitment timeline.

Notably, Envision also received an