# Celonis and EcoVadis outline sustainable procurement partnership
Published: 2022-06-27
Category: Business
Category URL: https://palmbayherald.com/category/business/
Meta Title: Celonis and EcoVadis Partnership: Driving Sustainable
Meta Description: Discover how Celonis and EcoVadis are integrating supplier sustainability ratings to help businesses make informed decisions and advance sustainability goals.
URL: https://palmbayherald.com/celonis-and-ecovadis-outline-sustainable-procurement-partnership/

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**June 2022** – [Celonis](https://palmbayherald.com/celonis-assembles-industrys-top-companies-and-business-leaders-on-12-city-execution-management-world-tour/) said it has formed a strategic [partnership](https://palmbayherald.com/infor-partners-with-everstream-analytics-to-help-organizations-better-anticipate-and-navigate-supply-chain-complexity-disruptions/) with EcoVadis, a leading business sustainability ratings platform, to operationalise sustainable procurement. EcoVadis recently raised $500 million in venture funding led by Astorg and BeyondNetZero, General Atlantic’s climate investing venture, with participation from Singapore-based GIC and Princeville Capital’s Climate Technology Fund.

Sustainability has become a lead issue for companies along with supply chain and inflation as a bevy of executives and [Celonis customers outlined at World Tour 2022](https://www.celonis.com/blog/celonis-world-tour-2022-everything-you-need-to-know/). [The three topics are increasingly intertwined](https://www.celonis.com/blog/why-inflation-supply-chain-sustainability-crises-require-execution-management-efficiency-gains/) because enterprises [need to become more efficient](https://www.celonis.com/blog/sustainability-will-drive-returns-on-investment-with-assist-from-inflation/). In other words, what saves money can also advance sustainability goals. The next move will be [to operationalize sustainability](https://www.celonis.com/blog/6-steps-to-operationalize-sustainability/).

Under [the partnership](https://www.celonis.com/ems/ems-store/ecovadis-sustainable-supplier-management/?), Celonis Execution Management System (EMS) will integrate EcoVadis ratings. The partnership includes four pillars:

- **Data-driven [supplier](https://palmbayherald.com/ciphr-increases-its-cloud-software-offering-on-g-cloud-13-framework/) selection**: EcoVadis’ supplier sustainability ratings will be integrated with Celonis EMS to provide businesses a dashboard to view supplier sustainability and proactive suggestions on the best supplier for any orders. Those supplier decisions can then be audited.
- **Managing supplier onboarding and performance:** By melding the EcoVadis catalog of sustainable suppliers with Celonis EMS, businesses will be able to onboard compliant suppliers and offboard ones with poor performance.
- **Reporting on sustainable procurement spending:**[Celonis](https://palmbayherald.com/celonis-assembles-industrys-top-companies-and-business-leaders-on-12-city-execution-management-world-tour/) EMS will integrate EcoVadis sustainability data across multiple views and filtering options to comply with legal regulations including [California’s Transparency in Supply Chains Act](https://oag.ca.gov/sites/all/files/agweb/pdfs/sb657/resource-guide.pdf) or the [German Act on Corporate Due Diligence in Supply Chains](https://www.bmas.de/EN/Services/Press/recent-publications/2021/act-on-corporate-due-diligence-in-supply-chains.html#:~:text=On%203%20March%202021%2C%20Germany)).
- **Sustainable transparency in sales:** The [partnership](https://palmbayherald.com/infor-partners-with-everstream-analytics-to-help-organizations-better-anticipate-and-navigate-supply-chain-complexity-disruptions/) will provide transparency on a product’s ESG performance for end customers by sharing average [supplier](https://palmbayherald.com/ciphr-increases-its-cloud-software-offering-on-g-cloud-13-framework/) ratings.


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