EcoVadis

Ashland has partnered with EcoVadis for third party verification of supplier self-assessments to ensure they meet their commitments to environmental, social, and ethical practices and behavior. The self-assessment focuses on environment, labor and human rights, ethics, and sustainable procurement.

We are first focusing on on-boarding our top 100 suppliers, by spend. After we have achieved this milestone, we will continue to on-board all other suppliers. Ashland is assessed through EcoVadis as well, and we provide our scorecard to customers. This allows Ashland to support our customers’ sustainability and transparent reporting initiatives, as well as our own.

We plan to utilize our suppliers’ EcoVadis results to evaluate our highest risk suppliers through independent, third-party auditing processes. The intent of our follow-up program is to educate and help suppliers make progress on their path toward becoming more sustainable companies and further improve Ashland’s environmental performance.

supplier self-assessments

While the supplier code of conduct is good first step, it does not ensure overall compliance. Ashland has partnered with EcoVadis and SEDEX for third party verification of supplier self-assessments to ensure they meet their commitments to environmental, social and ethical practices and behavior. The self-assessment focuses on environment, labor and human rights, ethics, and sustainable procurement. Figure 1 below depicts, in collaboration with EcoVadis, the process we are applying with on-boarding new suppliers.

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As of the end of FY 2018, 35 suppliers have completed self-assessments. The average score was 58.88 out of 100. Ashland will be working with suppliers that have low performance scores, so they understand the factors affecting their score and can improve. Upon achieving a higher completion rate, verification of compliance will be evaluated for a sampling of the highest risk suppliers via independent third-party audits. Work towards this step has been initiated. The intent is to educate and help suppliers make progress on their own path toward becoming more sustainable companies.

Ashland also participates on the Ecovadis platform and completes the self-assessment as a supplier at the request of our customers. Our most recent self assessment resulted in a score of 58, earning Ashland Ecovadis silver status. While we are proud of this result, we are constantly striving to do better. We are currently in the process of updating our annual assessment, stay tuned for updated score results. 

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