Do you ever feel overwhelmed by the sheer number of sustainability tools on the market? As businesses face increased pressure to demonstrate their sustainability initiatives, selecting the right platform can make or break your strategy.
CDP and EcoVadis are two leading platforms for corporate responsibility and sustainability performance. Understanding their differences and deciding which aligns with your environmental goals is critical because each tool has its strengths and weaknesses, and navigating these options can be a challenge.
In this article, we’ll break down what makes CDP and EcoVadis stand out, and how SupplierGateway might offer an innovative solution for your sustainability needs.
CDP vs. EcoVadis vs. SupplierGateway
Core Capabilities
CDP
CDP (formerly known as the Carbon Disclosure Project) is a leading platform for environmental disclosure, providing businesses with a comprehensive toolkit to manage and communicate their environmental impacts.
Key features of the CDP platform include:
- Comprehensive Reporting: Offers reporting on climate, water, and forest risks, enabling businesses to disclose their environmental performance transparently.
- Data Collection and Analysis: Provides tools for collecting and analyzing data related to greenhouse gas emissions, water usage, and deforestation, helping companies track their sustainability goals.
- Benchmarking and Insights: Allows companies to compare their environmental performance with peers through benchmarking, offering insights to improve and meet industry standards.
- Regulatory Compliance: Helps businesses comply with environmental regulations and requirements by offering structured frameworks and reporting mechanisms.
With its robust reporting tools and comprehensive data analysis capabilities, CDP is a leading option for businesses looking to manage their environmental impacts.
EcoVadis
EcoVadis stands out as a versatile sustainability rating platform, renowned for its ability to assess and improve supply chain performance through a rigorous evaluation process.
Key features of the EcoVadis platform include:
- Supplier Assessments: Specializes in sustainability ratings, offering detailed assessments across 21 sustainability criteria including sustainable procurement, carbon emissions, human rights, and more.
- Scoring and Ratings: Provides detailed scorecard ratings on various ESG risks and sustainable practices, ranking badges, and medals.
- Actionable Insights: Delivers actionable insights and recommendations based on assessment results, helping suppliers and businesses improve their practices.
- Benchmarking: Enables benchmarking against industry peers, giving businesses a clearer picture of their performance.
The EcoVadis platform excels in providing in-depth sustainability ratings and actionable insights, making it a powerful option for managing supply chain sustainability.
SupplierGateway
EcoVadis and CDP are strong options but SupplierGateway offers a fresh approach to sustainability management with features designed to simplify and enhance the tracking and reporting of environmental performance.
Key capabilities of the SupplierGateway platform include:
- Comprehensive Assessments: Sustainability ratings include ESG, DEI, Greenhouse Gas Leadership, and Human Rights Compliance assessments. Questions are structured in a clear and organized way, and terms are defined to help supply chain partners complete the questionnaires without issue.
- Single Source for Sustainable Procurement: In partnership with SupplyShift, SupplierGateway enables access to ESG data across your entire supply chain.
- Four Standard Reports: Supplier ESG, Greenhouse Gas Leadership and Reporting, Supplier DEI, and Human Rights Compliance assessments allow your organization to report on the metrics you care about most.
- Seamless Integration: Integrates smoothly with existing systems and supply chain management tools, reducing the complexity of incorporating sustainability practices into daily operations.
- Enhanced User Experience: Designed with an intuitive interface, ensuring that users can easily navigate and utilize its features without extensive training.
With a user-friendly design and comprehensive integration capabilities, SupplierGateway provides a flexible, streamlined solution for managing sustainability.
See the Platform
Not quite ready to talk to someone but want to see what SupplierGateway platform have to offer? Click on the product you’re interested in learning about and get an interactive walkthrough.
Pricing
CDP
Pricing for CDP can vary significantly based on your company’s location and requirements. CDP offers three levels of membership:
- Essential
- Foundation
- Enhanced
Some locations aren’t eligible for certain tiers. For example, a company headquartered in North America isn’t eligible for the Essential tier, while the Foundation fee costs $3,100 and the Enhanced fee is $7,300.
EcoVadis
EcoVadis pricing is structured to accommodate varying levels of sustainability assessment and management needs but it lacks transparency. Annual subscriptions vary according to your company’s size, location, and needs.
Companies looking to rate themselves can generally expect to pay from $500 to $11,000 annually, depending on which product they choose. Corporate subscription pricing is strictly quote-based.
SupplierGateway
SupplierGateway provides a transparent and flexible pricing structure designed to offer value at various levels of sustainability management.
Each Sustainability Assessments and Reporting package includes a set number of assessments, access to the sustainability dashboard, and supplier assessment reports. The total cost depends on how many assessments your company needs:
- 100 Assessments: $9,000/year.
- 1000 Assessments: $15,500/year.
- 2500 Assessments: $28,000/year.
- 5000 Assessments: $42,000/year.
- 10,000 Assessments: $68,000/year.
Organizations looking for an all-in-one supply chain sustainability software with enhanced features and tools can opt for the Corporate Social Responsibility Platform. It includes Tier-1 & Tier-2 tracking, 100 assessments, economic impact reporting, diverse supplier search tools, and more for $31,500/year. on a budget.
The SupplierGateway Sustainability Reporting dashboard.
With transparent and customizable pricing options, SupplierGateway provides a cost-effective solution for managing sustainability, making it easier for businesses to find a plan that fits their budget and needs.
Reporting
CDP
CDP offers extensive and structured reporting capabilities, with detailed disclosures on climate change, water security, and forest management. The platform uses standardized formats to ensure consistency and comparability across various sectors and organizations. It also provides benchmarking reports that help businesses compare their performance against industry standards and prepare investor-ready reports.
EcoVadis
EcoVadis excels in delivering insightful and actionable reports focused on sustainability performance within the supply chain. Its detailed supplier scorecards assess ESG performance across multiple areas while providing actionable insights and recommendations. The platform also offers customizable reports and regular updates to ensure the most current data is reflected.
SupplierGateway
SupplierGateway provides streamlined reporting with an integrated dashboard that consolidates data for comprehensive visibility. Individual supplier reports allow you to go in-depth at the supplier level, making supplier engagement for improvement easier and more direct.
An example of the Sustainability Index Score and Report.
For deeper insight into your supply chain sustainability, the Sustainability Index Score and Report demonstrate how your suppliers perform on different levels.
The platform’s user-friendly interface simplifies the reporting process, making it accessible and efficient. Take a self-guided walkthrough of the Sustainability Assessments to see it in action.
Subscribe
Get thought leadership, upcoming events, SupplierGateway product updates, and more directly in your inbox.
Security
CDP
CDP employs stringent measures to secure your personal data, limiting access to authorized personnel with a legitimate need and ensuring that data processing is conducted under strict confidentiality. While CDP has procedures for handling data breaches and notifying relevant parties, it cannot guarantee complete security for data transmitted online.
EcoVadis
EcoVadis prioritizes quality and data security with its ISO 9001-certified Quality Management System and ISO 27001-certified Information Security Management System. They ensure high standards through employee training, regular audits, and comprehensive security measures like encryption and monitoring. Their systems are designed to protect information and maintain trust through rigorous security practices and continual improvement.
SupplierGateway
SupplierGATEWAY ensures top-level security by using Secure Socket Layers (SSL) for encrypting data exchanged on the platform and requiring personal IDs and passwords for user access. It also employs dynamically generated session keys and robust encryption for data both in transit and at rest. Operating within the secure Amazon Web Services (AWS) cloud, SupplierGATEWAY maintains a high-security environment to protect your information.
Why Choose SupplierGateway for Sustainability Assessments?
SupplierGateway stands out as the top choice for sustainability assessments among the world’s largest companies due to its innovative approach and unparalleled flexibility.
Unlike CDP and EcoVadis, which offer strong but sometimes rigid reporting frameworks, SupplierGateway provides a more customizable and user-friendly platform that integrates seamlessly with existing systems. Its real-time analytics, intuitive interface, and customizable reporting templates make managing and communicating sustainability metrics more efficient and tailored to specific needs.
Sample supplier ESG score — simple, informative, and easy to read.
SupplierGateway’s focus on integration and ease of use simplifies the process of tracking and reporting environmental performance. With its transparent pricing and comprehensive security measures, SupplierGateway not only meets but exceeds the needs of global companies of any size looking for a robust and adaptable solution.
Find Out More
Ready to see how SupplierGateway can transform your sustainability assessments? Book a demo today to explore the platform’s features and discover how it can drive your environmental goals forward.