MODE Global Celebrates Sustainability Bronze Rating
MODE Global Celebrates Sustainability Bronze Rating
MODE Global, a prominent third-party logistics (3PL) firm, has recently been recognized with a prestigious "Bronze" rating from EcoVadis, a leading provider of sustainability ratings. This accolade highlights MODE Global's dedication to enhancing business practices that prioritize sustainability in the global supply chain.
Understanding EcoVadis' Rating Process
The EcoVadis rating approach is based on comprehensive international sustainability standards, such as the Global Reporting Initiative, the United Nations Global Compact, and ISO 26000. The recently received rating reflects MODE's commitment to sustainability, as it assesses the firm on several criteria, including environmental stewardship, labor conditions, ethics, and responsible procurement practices.
The Importance of Sustainability in Logistics
The logistics sector plays a significant role in global carbon emissions and environmental sustainability. MODE Global's Bronze rating indicates that the company is amongst the top 35 percent of assessed firms. This achievement underlines the importance of adopting sustainable practices not only at a corporate level but across all facets of supply chain management.
Commitment to ESG Principles
MODE Global expresses pride in its environmental, social, and governance (ESG) strategy. According to Lance Malesh, the president and CEO of MODE Global, the organization is dedicated to evolving its ESG strategies continually. He stated, "Our aim is to improve our ESG strategy while helping our customers enhance their supply chains' sustainability through valuable insights and technologies."
Technological Innovations for Better Practices
The company has invested significantly in innovative technologies that help clients minimize their carbon footprints. By utilizing advanced carbon calculators, MODE enables its customers to evaluate and transition their logistics towards more environmentally-friendly methods of transportation. Tools such as smart routing and asset optimization are also critical to reducing fuel consumption and associated costs.
Recognitions and Awards for Ethical Standards
Beyond the EcoVadis Bronze rating, MODE Global has also received accolades for its unwavering commitment to ethical practices. The firm was honored with the NAVEX Excellence in Ethics and Compliance Award, reinforcing its focus on protecting stakeholders' interests and fostering a culture of compliance within the organization.
The Path Ahead for MODE Global
MODE Global is not resting on its laurels; the leadership team is motivated to further enhance its sustainability initiatives in the upcoming years. Sharon Johnson, Chief Legal Officer and executive sponsor of the ESG committee, emphasized the importance of continuous support from the entire organization to achieve these goals. "We've made remarkable progress, moving up six points in our EcoVadis rating from last year," Johnson said, reminding everyone of the collaborative effort required for sustainable advancement.
About MODE Global
MODE Global is a leading multi-billion-dollar logistics platform, recognized as the eighth-largest truckload freight brokerage globally. With more than three decades of experience, the company provides logistics solutions through its family of brands, including Avenger Logistics and MODE Transportation. Catering to over 10,000 diverse customers, MODE Global connects with more than 100,000 carriers and agents across 230 locations in the region. The firm's dedication to technology and customer service simplifies supply chain management, offering transformative shipping solutions.
Frequently Asked Questions
What is EcoVadis?
EcoVadis is a trusted provider that evaluates companies' sustainability practices and provides ratings based on various criteria, helping businesses improve their environmental impact.
What does a Bronze rating from EcoVadis signify?
A Bronze rating means that a company performs in the top 35 percent of sustainability practices among its peers assessed by EcoVadis.
How does MODE Global contribute to sustainability?
MODE Global invests in technology tools to help customers reduce their carbon footprint and integrate sustainable practices into their supply chains.
What awards has MODE Global received?
In addition to the EcoVadis rating, MODE Global has also received the NAVEX Excellence in Ethics and Compliance Award for its commitment to ethical standards.
How large is MODE Global?
MODE Global operates as a multi-billion dollar logistics platform and is recognized as one of the largest logistics companies globally.
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