Formel D has been certified by EcoVadis for its active commitment to Corporate Social Responsibility. The award from the independent certification body underlines both the high level of transparency that we maintain with our international business partners, and our special dedication to more sustainability and social responsibility throughout the entire supply chain. Since 2007, EcoVadis has been assessing companies using 21 CSR issues which are grouped into four themes: Environment, Social Affairs, Ethics, and Sustainable Procurement.
The method of evaluation used by the rating agency is based on international CSR standards such as the Global Reporting Initiative, the United Nations Global Compact, as well as ISO 26000, and it takes into account 198 purchasing categories as well as 155 countries. Formel D was convincing in the rating with an overall result above average for the industry, particularly in the Social area which includes labor and human rights.