JAGGAER Shines with EcoVadis Gold Medal for Sustainability

JAGGAER Awarded EcoVadis Gold Medal for Sustainability

JAGGAER, a leading global force in enterprise procurement and supplier collaboration, has recently achieved a remarkable milestone by being awarded the prestigious Gold Medal from EcoVadis for its outstanding sustainability performance. This recognition highlights JAGGAER's commitment to integrating sustainable practices into its business operations.

Significance of the Gold Medal

The EcoVadis Gold Medal signifies that JAGGAER ranks within the top 5% of all companies assessed by EcoVadis over the past year. Among our industry peers, we are proud to stand in the top 1%, boasting an impressive score of 77, which reflects our dedication to sustainability.

Commitment to Sustainable Practices

This accolade is not merely a badge of honor; it is a testament to JAGGAER's ongoing efforts to weave environmental, social, and ethical principles into every facet of its operations. Our continuous drive to improve sustainable procurement practices sets a strong example for companies everywhere.

Leadership Perspective

Jeff Laborde, our CFO and Executive ESG Sponsor, shared, "Sustainability is vital to our business practices. As a provider of advanced procurement solutions, we lead by example, enhancing our sustainability performance. This commitment empowers our customers to seamlessly integrate ESG principles into their procurement processes." This leadership underscores the belief that sustainability should be at the core of enterprise decisions.

The Role of EcoVadis

EcoVadis is a prominent player in the realm of business sustainability ratings, evaluating companies across various industries based on their environmental and social ethics as well as sustainable procurement policies. With over 130,000 rated companies, EcoVadis provides invaluable insights into sustainability performance.

Global Standards and Continuous Improvement

The methodology employed by EcoVadis incorporates international sustainability standards, including the UN Global Compact's Ten Principles, ILO conventions, GRI standards, and ISO 26000 standards. The resultant ratings offer a data-driven analysis of performance and serve as a roadmap for ongoing improvement.

JAGGAER's Sustainability Journey

JAGGAER's journey towards sustainability has been progressive; beginning with a bronze medal in 2021, followed by another bronze in 2022, and advancing to a Silver Medal in 2023. The latest Gold Medal awarded in 2024 serves as evidence of our persistent dedication to enhancing our sustainability practices. Mr. Laborde further noted, "This award reflects our ability to adapt to evolving customer needs, market regulations, and innovation expectations in products and processes."

About JAGGAER

JAGGAER is not just a leader in enterprise procurement and supplier collaboration; we are a catalyst for empowerment in decision-making, aimed at enhancing business outcomes. Our mission is to help organizations automate complex processes while building a resilient and accountable supplier base. With three decades of expertise, we offer AI-powered industry-specific solutions tailored for both direct and indirect procurement needs. Our team of 1,200 dedicated professionals is committed to delivering value to our customers and facilitating their journey towards Autonomous Commerce.

Frequently Asked Questions

What is the EcoVadis Gold Medal?

The EcoVadis Gold Medal recognizes companies for exceptional sustainability performance across various metrics, placing them among the top-rated organizations.

How does JAGGAER rank within EcoVadis?

JAGGAER currently ranks in the top 1% of all companies assessed, highlighting our strong commitment to sustainability.

What are the key standards EcoVadis uses?

EcoVadis rates companies based on major international standards, including the UN Global Compact Principles, ISO standards, and GRI guidelines.

What has been JAGGAER's path in sustainability awards?

JAGGAER has received a series of awards: a bronze medal in 2021, another bronze in 2022, a silver medal in 2023, and recently a gold medal in 2024.

What role does sustainability play at JAGGAER?

Sustainability is integral to JAGGAER's business practices, guiding our decisions and helping our customers adopt sustainable procurement principles.

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