Forsee Power obtains the gold medal from the CSR rating organization EcoVadis
Paris, September 1, 2022 – 6:00 p.m. CEST – Forsee Power (FR0014005SB3 – FORSE), the expert in smart battery systems for sustainable electromobility, obtained the gold medal from EcoVadis, a Corporate Social Responsibility (CSR) rating organization, for its sustainable development performance, reaching a score of 70/100.
This award, granted to only 5% of all 90,000 companies assessed by EcoVadis, recognizes the Company’s progress in terms of environment, sustainable procurement, ethics and human rights.
Putting sustainability is at the heart of the corporate strategy
A major player in the decarbonization of transport with its smart and sustainable battery systems, Forsee Power launched its Impact 2025 sustainability roadmap in 2020, including ambitious objectives in favor of people, the planet and governance policies.
Last June the Group published its 3rd sustainability report and announced that it had achieved 3 out of the 10 objectives set for 2025, and will be launching its carbon neutrality plan in 2023.
“We are proud of this EcoVadis gold medal which rewards the progress made by all the Forsee Power teams, everywhere we operate. In a continuous search for improvement, we have integrated the areas of development identified during our last assessment, which, combined with the Group’s strategy already in place, allowed us to improve our CSR score by 10 points to 70/100 in 2022” explains Sophie Tricaud, Vice President, Corporate Affairs and Sustainability at Forsee Power.
Forsee Power reaches the top 2% of the best rated companies in its sector
This EcoVadis gold medal places Forsee Power in the top 2% of companies in the battery sector evaluated by EcoVadis.
The rating organization assesses the quality of a company’s CSR system through the study of its policies, actions and performance. The assessment covers 4 themes for which Forsee Power obtained the following results:
- Environment: 80/100
- Social and human rights: 70/100
- Ethics: 60/100
- Sustainable procurement: 50/100
Thus, the Group achieves an overall score of 70/100.