Hexaware Awarded Silver EcoVadis Sustainability Rating for Improved ESG Practices
August 8, 2024
EcoVadis, a leading global provider of business sustainability ratings, has awarded Hexaware Technologies a Silver rating in 2024.
EcoVadis’ ratings are based on a comprehensive sustainability assessment methodology that measures how effectively companies incorporate sustainability and CSR principles into their operations. This methodology is built on seven key principles: expert assessment, industry-specific customization, diverse source input, technological integration for secure and efficient processes, transparency, evidence-based scoring, and continuous improvement. Companies are evaluated in four areas: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement. Hexaware has shown score improvements across all these areas.
Hexaware’s score has increased to 70 points, placing it in the top 15% of companies globally for Environmental, Social, and Governance (ESG) practices. Last year, Hexaware scored 50 points and received a Bronze rating.
Hexaware’s current score, 70, is well above the global average IT industry scores (53)
Hexaware is now ranked in the 92nd percentile globally for ESG practices.
Hexaware Achieves Silver Rating from EcoVadis for Improved ESG Practices
“EcoVadis is the result of our collective efforts in advancing our ESG commitments. This increase reflects our efforts in improving environmental responsibility, ethical standards, and sustainable practices across the company.” — Uma Thomas, Chief Risk Officer and Global Head – ESG