L.E.K. Consulting Achieves EcoVadis Platinum Medal for Sustainable Practices
L.E.K. Consulting, a prominent global strategy consultancy, has recently been honored with the prestigious Platinum Medal from EcoVadis, distinguishing itself as a leader in sustainable business practices. This accolade positions L.E.K. Consulting in the upper echelon, as they are assessed among the top 1% of over 130,000 companies evaluated by EcoVadis in the past year. The recognition stems from a comprehensive assessment of L.E.K.'s sustainability management systems, emphasizing the firm’s commitment to fostering transparency across its value chain.
EcoVadis conducts its evaluations based on a rigorous examination of 21 sustainability criteria, organized into four core themes: environment, labor and human rights, ethics, and sustainable procurement. This methodology not only measures performance but also offers actionable insights for continued improvement. L.E.K. has taken significant steps to enhance its sustainability frameworks, as stated by Clay Heskett, the Global Managing Partner of the firm. He highlighted this achievement as a validation of the organization’s stringent sustainability commitments and the dedication of its employees toward these goals.
The standards utilized by EcoVadis include the Ten Principles of the UN Global Compact, the conventions set forth by the International Labour Organization (ILO), the Global Reporting Initiative (GRI) standards, and the ISO 26000 standard, ensuring a comprehensive evaluation process. According to John Goddard, Senior Partner and Vice Chair for Sustainability at L.E.K., their EcoVadis score underscores their leadership in managing sustainability and reinforces their ongoing evaluation of performance to identify further areas for advancement.
In addition to its recent achievement from EcoVadis, L.E.K. Consulting earned an impressive "A-" rating in the climate change category from the CDP, a sustainability disclosure organization. Furthermore, in a pioneering step, in 2023, L.E.K. received validation from the Science Based Targets initiative (SBTi) for its aggressive targets aimed at achieving net-zero greenhouse gas emissions by 2050. This makes them the first major global strategy consultancy to receive SBTi approval for such ambitious goals.
To strengthen its sustainability initiatives, L.E.K. launched its global Sustainability Centre of Excellence in 2021, consolidating expertise and strategic insights across various practices and regions to support organizations in meeting the increasing market demand for result-oriented sustainability solutions. Through these endeavors, L.E.K. Consulting continues to set benchmarks in sustainability, encouraging transparency and responsible business practices.
For those interested in learning more or reviewing L.E.K.'s EcoVadis Sustainability Rating, more details are available on EcoVadis' website. The firm aspires to guide organizations in navigating the complexities of sustainability in today’s business landscape, thereby facilitating their clients in seizing competitive advantages while fulfilling their reporting and ethical obligations.
About EcoVadis: EcoVadis stands as the world’s most trusted authority in business sustainability ratings, equipped with advanced technology and a global team of domain experts. Their comprehensive and user-friendly sustainability scorecards provide insights into environmental, social, and ethical risks across a myriad of industries and purchasing categories, thus propelling companies toward sustainable growth.
About L.E.K. Consulting: Since its inception in 1983, L.E.K. Consulting has been pivotal in advising business leaders worldwide across various industries, driving competitive advantage and sustainable growth. Their insights serve as catalysts for transforming business trajectories, empowering clients to recognize opportunities and effectively navigate their challenges.
EcoVadis conducts its evaluations based on a rigorous examination of 21 sustainability criteria, organized into four core themes: environment, labor and human rights, ethics, and sustainable procurement. This methodology not only measures performance but also offers actionable insights for continued improvement. L.E.K. has taken significant steps to enhance its sustainability frameworks, as stated by Clay Heskett, the Global Managing Partner of the firm. He highlighted this achievement as a validation of the organization’s stringent sustainability commitments and the dedication of its employees toward these goals.
The standards utilized by EcoVadis include the Ten Principles of the UN Global Compact, the conventions set forth by the International Labour Organization (ILO), the Global Reporting Initiative (GRI) standards, and the ISO 26000 standard, ensuring a comprehensive evaluation process. According to John Goddard, Senior Partner and Vice Chair for Sustainability at L.E.K., their EcoVadis score underscores their leadership in managing sustainability and reinforces their ongoing evaluation of performance to identify further areas for advancement.
In addition to its recent achievement from EcoVadis, L.E.K. Consulting earned an impressive "A-" rating in the climate change category from the CDP, a sustainability disclosure organization. Furthermore, in a pioneering step, in 2023, L.E.K. received validation from the Science Based Targets initiative (SBTi) for its aggressive targets aimed at achieving net-zero greenhouse gas emissions by 2050. This makes them the first major global strategy consultancy to receive SBTi approval for such ambitious goals.
To strengthen its sustainability initiatives, L.E.K. launched its global Sustainability Centre of Excellence in 2021, consolidating expertise and strategic insights across various practices and regions to support organizations in meeting the increasing market demand for result-oriented sustainability solutions. Through these endeavors, L.E.K. Consulting continues to set benchmarks in sustainability, encouraging transparency and responsible business practices.
For those interested in learning more or reviewing L.E.K.'s EcoVadis Sustainability Rating, more details are available on EcoVadis' website. The firm aspires to guide organizations in navigating the complexities of sustainability in today’s business landscape, thereby facilitating their clients in seizing competitive advantages while fulfilling their reporting and ethical obligations.
About EcoVadis: EcoVadis stands as the world’s most trusted authority in business sustainability ratings, equipped with advanced technology and a global team of domain experts. Their comprehensive and user-friendly sustainability scorecards provide insights into environmental, social, and ethical risks across a myriad of industries and purchasing categories, thus propelling companies toward sustainable growth.
About L.E.K. Consulting: Since its inception in 1983, L.E.K. Consulting has been pivotal in advising business leaders worldwide across various industries, driving competitive advantage and sustainable growth. Their insights serve as catalysts for transforming business trajectories, empowering clients to recognize opportunities and effectively navigate their challenges.
Topics General Business）
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