Partnership will drive sustainability into the provision chain by operationalizing provider sustainability rankings and bettering business course of effectivity
NEW YORK and MUNICH , Nov. 10, 2022 /PRNewswire/ — CELOSPHERE 2022 – Celonis, the worldwide chief in execution administration and EcoVadis, the world’s most trusted provider sustainability rankings platform, right now introduced a partnership to make business procurement processes extra sustainable. Celonis will combine EcoVadis sustainability rankings knowledge into the Celonis Execution Management System (EMS).
This joint dedication from Celonis and EcoVadis is a part of the Celonis technique to empower each firm to scale back its carbon impression and execute in a sustainable method by way of the elimination of course of inefficiencies. The Celonis technique is predicated on embedding sustainability practices into day-to-day course of operations for all of its clients and companions.
“Embracing sustainability criteria in the purchasing function is one of the top challenges in achieving an effective sustainable procurement program,” mentioned Emily Rakowski, Chief Marketing Officer at EcoVadis. “With Celonis, we can bring sustainability ratings to the most actionable decision points while powering a rich set of automations in the procurement workflow, creating a triple win of driving efficiencies, risk reduction and positive impact.”
“This partnership offers a unique mix of data-driven insights and technology to provide a new lens for businesses to drive sustainability into their supply chains,” mentioned Janina Bauer, Global Director of Sustainability at Celonis. “It gives companies new tools for measuring sustainability performance, improving business process efficiency and ensuring accountability and transparency across the supply chain.”
The integration with the EcoVadis rankings platform and Celonis Execution Management System will assist corporations monitor and measure the sustainability efficiency of their suppliers. Companies can then simply see how their suppliers rating in all key areas of sustainability together with environmental standards (carbon and ecological footprint), social and labor practices, and moral parameters.
This partnership may also empower clients to determine alternatives and present suggestions for extra suppliers within the portfolio. For instance, the Celonis EMS will advocate suppliers who’ve offered the identical materials kind previously and have already got a robust EcoVadis rating to assist corporations determine which provider is greatest suited to a selected order close to sustainability. The Celonis EMS may set off an automatic enrollment course of to carry a provider onboard if it isn’t but rated.
Once onboarded, suppliers could have entry to EcoVadis’ platform to information them on their sustainability journey: They will obtain an in depth scorecard that may be shared with a number of clients, which is able to determine strengths and enchancment areas, monitor corrective actions and present e-learning instruments to assist construct their sustainability efficiency. High-performers could also be eligible for recognition medals which they will use to reinforce their firm and employer model, creating worth and reinforcing their engagement.
EcoVadis can be sponsoring and collaborating in Celosphere 2022 on November 9 and 10 in Munich, Germany, the place Celonis is mobilizing the highest course of and business execution professionals on the earth.
About Celonis
Celonis reveals and fixes inefficiencies companies cannot see, enabling them to carry out at ranges they by no means thought potential. Powered by its market-leading course of mining core, the Celonis Execution Management System gives a full set of platform capabilities for business executives and customers to eradicate billions in company inefficiencies, present higher buyer expertise and cut back carbon emissions. Celonis has hundreds of implementations with international clients and is headquartered in Munich, Germany and New York City, USA with greater than 20 workplaces worldwide.
© 2022 Celonis SE. All rights reserved. Celonis, Execution Management System, EMS and the Celonis “droplet” emblem are emblems or registered emblems of Celonis SE in Germany and different jurisdictions. All different product and firm names are emblems or registered emblems of their respective house owners.
Media Contact
[email protected]
About EcoVadis
EcoVadis is a purpose-led firm whose mission is to offer the world’s most trusted business sustainability rankings. Businesses of all sizes depend on EcoVadis’ knowledgeable intelligence and evidence-based rankings to watch and enhance the sustainability efficiency of their business and buying and selling companions. Its actionable scorecards, benchmarks, carbon motion instruments, and insights information an enchancment journey for environmental, social and moral practices throughout 200 trade classes and 175 nations. Industry leaders corresponding to Amazon, Johnson & Johnson, L’Oréal, Unilever, LVMH, Salesforce, Bridgestone, BASF and JPMorgan are among the many 100,000 companies that collaborate with EcoVadis to drive resilience, sustainable development and optimistic impression worldwide. Learn extra on ecovadis.com, Twitter or LinkedIn.
Media Contact for EcoVadis
US: Corporate Ink for EcoVadis
617-969-9192, [email protected]
SOURCE Celonis
