PSA has received gold certification in the responsible supplier category for the second year running. At the request of BtoB customers, the PSA Group commissioned an independent assessment of its performance as a supplier from EcoVadis, a rating agency specialised in assessing suppliers’ sustainable development performance.
Detailed results of PSA’s assessment are available to BtoB customers; the Group’s score helps to set it apart from competitors and is an asset when bidding for contracts. Sales to BtoB customers accounted for 980,000 vehicles in 2015, or nearly a third of total sales for the year.
After responding in June to an in-depth questionnaire and providing supporting documents, the Group received an overall score of 78/100 this year, up five points compared with 2015.
This result puts PSA in the 2% of companies across all industries that EcoVadis considers as having an “advanced CSR commitment”, enabling the Group to hold on to its gold medal. It also ranks PSA among the leaders in the world car manufacturing industry, where the average score has not exceeded 42/100 in the last two years.
EcoVadis made particular note of the Group’s partnership with NGOs T&E and FNE to publish real-world fuel consumption figures for Peugeot, Citroën and DS vehicles, praising this customer-focused transparency initiative.
More than 20,000 companies, including 120 large multinationals, turn to EcoVadis for help in reducing risk and improving transparency and trust among business partners.
The Group also asked EcoVadis to assess its own suppliers, with the results given on page 149 of the 2015 CSR Report.
The EcoVadis methodology covers four areas: the environment, fair labour practices, ethics/fair business practices and supply chain. It is based on international sustainability standards, notably the Global Reporting Initiative, the United Nations Global Compact and ISO 26000, and encompasses 150 business sectors and 140 countries.