Fenergo Scoops Silver in EcoVadis Sustainability Ratings Awards
Key takeaways
- Fenergo was awarded a silver medal in the EcoVadis Sustainability Ratings Awards, an improvement from bronze in 2022.
- The company ranked in the top 25% of sustainable firms, scoring better than most peers across all four themes.
- EcoVadis highlighted Fenergo's environmental and ethics policies, sustainable procurement and labour and human rights policy.
- Fenergo also improved through its SBTi commitment and creation of an ESG Control Framework aligned to UN Sustainability Goals.
Fenergo Ranks in Top 25% of Sustainable Firms
Fenergo has been awarded a silver medal in the EcoVadis Sustainability Ratings Awards, marking an improvement from 2022 when it took bronze.
Across the organisations in the global software publishing industry rated by EcoVadis (438), Fenergo scored better than most of its peers in all four themes, notching up significantly better scores in the following areas:
- Sustainable Procurement
- Ethics
- Environment
It also highlighted the following areas of Fenergo’s operations for special mention:
- Exceptional policy on environmental and ethics issues
- Advanced sustainable procurement
- A clear and sound policy on labour and human rights.
Net-Zero ambition, Fenergo has accomplished some significant improvements in the following areas:
- Materiality analysis in sustainability reporting (ESG Strategy)
- Improvement in the endorsements field with SBTi commitment
- The creation of an ESG Control Framework, with actions assigned to specific owners across the organization, which align Fenergo’s operations to the UN Sustainability Goals and to the materiality factors identified in its ESG strategy. The ESG control framework is a living document that is continuously updated to align to new contingencies, regulations, standards and requirements.
- ESG risks assessments
- Adoption of new tool that monitors business travel emissions.Improved KPIs reporting.
Commenting on this achievement, Marc Murphy, Fenergo CEO, said:
“I am so proud of achieving silver in our second-ever submission to EcoVadis Sustainability Awards. This is very much down to the success of our global teams who have adopted ESG and sustainability measures that are helping us to achieve success in our ESG ratings. Sustainability is now becoming the core of our global business operations and is changing how we do things that can have a more positive impact on our world.”
