Mazars is globally committed to sustainability, so of course we also consider sustainable operations at our Hungarian firm as an important priority, and have taken several steps in recent years to achieve this. In September 2023, Mazars Kft. was awarded a Silver medal as a recognition of their EcoVadis Rating. We will continue to make the necessary efforts to operate in a sustainable way, for a green future.
Since its founding in 2007, EcoVadis has grown to become the world’s largest and most trusted provider of business sustainability ratings, creating a global network of more than 100,000+ rated companies.
The EcoVadis sustainability assessment methodology is at the heart of our Ratings and Scorecards and is an evaluation of how well a company has integrated the principles of Sustainability/CSR into their business and management system.
The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions and results.
The assessment focuses on 21 sustainability criteria that are grouped into four themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. These criteria are based on international sustainability standards such as the Ten Principles of the UN Global Compact, the International Labour Organization (ILO) conventions, the Global Reporting Initiative (GRI) standards, the ISO 26000 standard, the CERES Roadmap, and the UN Guiding Principles on Business and Human Rights, also known as the Ruggie Framework.
During your company's assessment, our sustainability analysts consider only the criteria which are relevant to your company’s size, industry and location. They will take into account the information provided in your company's questionnaire and the attached supporting documents.
The EcoVadis overall score (0-100) reflects the quality of the company’s sustainability management system at the time of the assessment.
The EcoVadis sustainability recognition levels are based on the percentile rank of your company’s EcoVadis score and a minimum theme score*. The medals’ criteria are reviewed periodically.
The criteria for scorecards published from 1 January 2023 are as follows:
Platinum - top 1% (overall score between 78 and 100)
Gold - top 5% (overall score between 70 and 77)
Silver - top 25% (overall score between 59 and 69)
Bronze - top 50% (overall score between 50 and 58)
*No medal is assigned for overall scores below 50 or if there is a theme score below 30 in any of the Environment, Labour & Human Rights, and/or Ethics themes or below 25 in the Sustainable Procurement theme.
*Percentile rank is calculated across all companies in all industries, not per industry. Note: The EcoVadis Medal eligibility is based on publication date, not questionnaire submission. The standard publication timeframe is 6–8 weeks after submission. The publication date is used to determine which years medal eligibility rules will apply and the date on any medal earned.
Want to know more?
Bagyura Andras Director, Business Development, Sustainability - Budapest