Source: businesswire

EcoVadis, the global standard for resilient, sustainable supply chains, and Ivalua, a global leader in spend and supplier management, extend their partnership with the availability of a new integration that brings EcoVadis IQ Plus directly into Ivalua’s Risk Center, expanding on the existing integration of EcoVadis Ratings into the Ivalua platform and deepening the collaboration between the two companies.

Today’s global supply chains place procurement teams under heightened pressure. They must navigate rising risk management costs, greater market volatility, geopolitical tensions, climate change and resource scarcity, all while facing increasing stakeholder expectations and regulatory demands. These challenges are reshaping the supplier risk management environment which is now defined by:

• Increasing process complexities
• A growing number of risks to manage (ESG, operational etc.)
• A proliferating network of third parties, whose risks must also be managed
• Expanding regulatory requirements

“Our partnership with Ivalua is grounded in a shared commitment to embed sustainability into procurement at scale to help organizations meet growing regulatory, investor, and customer expectations,” said EcoVadis’ cofounder and co-CEO Pierre-François Thaler. “Through this new data integration, we are empowering procurement and supply chain teams to proactively identify sustainability and ESG-related risks across their supplier base, faster and more effectively than ever before.”

“By combining EcoVadis IQ Plus and Ivalua’s market-leading capabilities, we enable organizations to address today’s challenges and future-proof for tomorrow in a more efficient and cost-effective way,” said Franck Lheureux, CEO at Ivalua. “It’s more than just displaying scores. With Ivalua, organisations can leverage EcoVadis insights wherever they want, across any processes to make better and faster decisions to proactively manage risks and drive sustainable practices.”