Modular500 Sustainability Assessment Report 2024

 

EcoVadis is a third-party sustainability assessment platform designed to help

businesses understand and benchmark sustainability performance across their

operations and supply chain. Since its inception in 2007, EcoVadis has assessed

over 100,000 companies. 

 

Modular500 has achieved a Platinum rating from EcoVadis, placing us

in the top 1% of companies globally. This recognition highlights our continued commitment to sustainable practices. 

 

How EcoVadis Works

 

EcoVadis is a globally recognised platform, trusted by many of our clients. It evaluates companies based on a broad range of sustainability issues, spanning four main pillars:

1. Environment

2. Labour & Human Rights

3. Ethics

4. Sustainable Procurement

 

We completed a comprehensive questionnaire of over 250 questions. All our answers are supported by evidence, which is independently verified by EcoVadis. 

 

Upon completion, we receive a sustainability scorecard that provides us with:

- Detailed feedback on our strengths

- Areas where improvements are needed

- Insights that can be shared with our clients for their responsible supply chain management.

 

Our Performance in 2024

 

Modular500 has been awarded a Platinum rating, ranking us in the top 1% of businesses assessed by EcoVadis in 2024.

 

Modular500's continuous efforts to enhance sustainability have resulted in year-on-year improvements across multiple categories, affirming our position as a leader in responsible and sustainable business practices.