ATHENA Earns Bronze Medal in EcoVadis Assessment!

What it is and its benefits

EcoVadis aims to improve the environmental and social practices of companies by leveraging the influence of global supply chains. EcoVadis' monitoring and evaluation system meets all CSR (Corporate Social Responsibility) performance management needs in a comprehensive and effective manner.

What is EcoVadis?

Since its founding in 2007, EcoVadis has grown to become the largest and most trusted provider of corporate sustainability ratings worldwide. Its goal is to enhance the performance of global supply chains, and to date, it has created a global network of over 90,000 rated companies.

The purpose is to provide reliable and globally recognized sustainability ratings and insights, enabling all companies to reduce risks, promote improvement, and accelerate positive impact on our planet and society.

The EcoVadis Assessment Method

The EcoVadis sustainability assessment is a service that evaluates a company's sustainability impact based on concrete data.

The assessment is based on a thorough data collection specific to the company, which is then analyzed by EcoVadis' CSR experts. The evaluation methodology is based on international standards such as the Global Reporting Index (GRI), ISO 26000, and the Global Compact Principles.

Why is the EcoVadis Assessment Required?

For large multinational corporations, the environmental and social risks associated with suppliers are critical aspects, and the benefits of adopting a sustainable procurement system are numerous:

• Reducing the risk of supply chain disruption;
• Protecting corporate reputation and brands;
• Containing costs through collaborative actions;
• Easier access to capital and increased valuation;
• Market advantage where consumers demand an eco-friendly and responsible supply chain.

ATHENA is currently an EcoVadis Bronze Medalist!

Evidence-based assessments are easy to read using a scorecard system and points from zero to one hundred (01–100) and medals (bronze, silver, and gold), which highlight strengths as well as potential areas for improvement that companies can use to make their sustainability efforts more targeted.

EcoVadis sustainability scorecards are useful for deciding on concrete actions. They provide detailed information on risks related to the environment, labor and human rights, ethics, and sustainable procurement for ATHENA SPA and many other companies.

In its sector, Athena ranks:

• In the top 8% of companies evaluated for Business Ethics;
• In the top 11% of companies assessed for Environmental Impact;
• In the top 8% of companies evaluated overall.

Through the EcoVadis platform, Athena has started testing processes related to corporate social responsibility this year, earning a Bronze Medal and laying a solid foundation to increase its score year by year.

This award is a testament to ATHENA's daily efforts to improve all processes in terms of corporate social responsibility (CSR) and to establish a more transparent, environmentally, and socially sustainable supply chain. It is a continuous commitment that the company has chosen to pursue with passion and determination towards more ambitious results.