The ESG consulting firm SkyESG Center operates a program to help Korean SMEs improve their EcoVadis scores, leading to significant score increases.
Key points
•EcoVadis evaluation score improvement support
•Annual management system and reduced re-evaluation costs
•ESG consulting and sustainable business report preparation for SMEs
SkyESG Center provides education and consultancy services for global material companies' domestic suppliers to enhance their EcoVadis evaluation scores. The company reports that participating suppliers have seen substantial improvements in their evaluations.
EcoVadis is a global ESG assessment tool evaluating corporate sustainability across four areas: environment, labor & human rights, ethics, and sustainable procurement. With over 150,000 companies involved, SMEs often face challenges. SkyESG Center began offering support to address these issues.
SkyESG Center offers free pre-assessments and online seminars for suppliers, providing tailored consulting based on each company's size. The firm also reduces re-evaluation costs by up to 70% through annual management systems, helping suppliers maintain their scores annually.