The CWS Group received the EcoVadis Silver Rating, placing it in the top 15 percent among all rated companies. The overall score has increased to 70, marking a positive shift of +2 compared to the previous year. Despite the new and stricter evaluation criteria applied by EcoVadis from now on, the CWS Group was able to maintain the percentile threshold of the 93rd percentile. In the Carbon scorecard the group even advanced to the second-highest rating “advanced level” for Carbon Management.
The EcoVadis assessment process queries a large number of projects and their status, which is then converted into an evidence-based assessment with easy-to-read scorecards. Based on the score, i.e. the final score achieved, the organisation then assigns its ratings. It identifies both strengths and areas for improvement within the organisation.
EcoVadis provides a platform where ESG criteria for companies are reviewed and evaluated and thus made comparable. ESG refers to environmental, social and corporate governance. ESG assessments examine and evaluate corporate social and environmental responsibility. The rating is valid for one year and must then be reassessed.