Thunes Achieves Silver from EcoVadis for Sustainability Efforts
Thunes Earns Silver Medal from EcoVadis for Sustainability Performance
Thunes has been recognized for its exceptional commitment to sustainability by receiving a Silver Medal from EcoVadis, a leading player in assessing business sustainability globally. This achievement places Thunes among the top 15% of companies worldwide, showcasing its dedication to Environmental, Social, and Governance (ESG) principles.
Understanding EcoVadis and Its Evaluation Criteria
EcoVadis evaluates a vast number of companies, exceeding 130,000, using a robust framework that encompasses 21 sustainability criteria divided into four key themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. This evaluation is aligned with international standards such as the UN Global Compact Principles, International Labour Organization conventions, Global Reporting Initiative standards, and ISO 26000.
Thunes' Commitment to Responsible Business Practices
Since 2022, Thunes has continuously reported to EcoVadis, emphasizing transparency and the improvement of its sustainability practices. This year, Thunes excelled in the areas of Labor & Human Rights, reflecting the company's internal measures designed to support its sustainability policies. They also received high scores for their ethical practices, indicating a commitment to reducing impact and managing risks effectively.
Comments from Leadership
Floris de Kort, the CEO of Thunes, highlighted the importance of this recognition, stating, "This Silver Medal signifies our commitment to sustainability, ethics, and responsible corporate governance. Our journey is ongoing, and we aim to integrate ESG principles further into our strategy to amplify positive change."
Partnerships and Global Network
Beyond this commendation, Thunes has been an active member of the United Nations Global Compact since 2022. This membership emphasizes its resolve toward responsible business practices and sustainability. By utilizing EcoVadis’ evidence-based insights, Thunes is adeptly prioritizing sustainability, fostering innovation, and ensuring high standards contribute to a more equitable global economy.
About Thunes
Thunes operates as the Smart Superhighway for global money transfers. With its Direct Global Network, Thunes enables real-time payments in over 130 countries and supports more than 80 currencies. The robust network connects more than 7 billion mobile wallets and bank accounts, and 15 billion cards through a wide array of payment systems. Notably, Thunes collaborates with major players like Uber and Deliveroo, enabling seamless transactions worldwide.
The company’s structure ensures that members of its Direct Global Network receive unmatched speed, control, visibility, security, and economic benefits through real-time payments. With headquarters positioned in Singapore, Thunes has a strong presence, operating offices across 13 global locations, including Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco, and Shanghai.
Frequently Asked Questions
What does the Silver Medal from EcoVadis represent?
The Silver Medal from EcoVadis indicates that Thunes ranks in the top 15% of companies evaluated for their sustainability performance globally.
How does EcoVadis evaluate companies for sustainability?
EcoVadis uses 21 sustainability criteria across four main themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement, based on international standards.
When did Thunes start reporting to EcoVadis?
Thunes began reporting to EcoVadis in 2022 as part of its commitment to transparency and enhancing its sustainability practices.
What are Thunes' main areas of excellence in the EcoVadis assessment?
Thunes achieved top scores in Labor & Human Rights and Ethics, showcasing its commitment to ethical practices and supportive measures in sustainability.
What is Thunes' global reach and network?
Thunes’ Direct Global Network facilitates real-time payments across 130 countries, connecting to over 7 billion mobile wallets and creating strong partnerships with major companies.
About The Author
Contact Ryan Hughes privately here. Or send an email with ATTN: Ryan Hughes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
