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TEAM Earns 2024 EcoVadis Silver Sustainability Rating

In a significant milestone for TEAM, our commitment to sustainability has been recognized with the prestigious 2024 EcoVadis Silver Medal during our inaugural year of ESG reporting.

This achievement not only underscores our dedication to environmental, social, and governance (ESG) principles but also highlights our proactive stance in advancing sustainable practices within the manufacturing industrial facility management sector.

 

TEAM’s Sustainability Compliance

At TEAM, sustainability compliance is at the core of our operations, ensuring that we not only meet but exceed industry standards. Our commitment to eco-friendly practices and sustainable solutions is crucial for our existing customers who prioritize environmental responsibility in their partnerships. Prospective customers can trust that by choosing TEAM, they are aligning with a company dedicated to reducing carbon footprints, utilizing green cleaning products, and implementing energy-efficient processes. This dedication to sustainability helps our clients achieve their own environmental goals, fostering long-term, mutually beneficial relationships rooted in shared values.

Embracing Sustainability at TEAM

At TEAM, sustainability is ingrained into our core values and operations. Our goal is twofold: to enhance the sustainability of our services and to nurture our members’ passions for environmental stewardship. This dual commitment drives our initiatives, ensuring that every aspect of our business contributes positively to the planet and society.

EcoVadis Silver Medal: A Mark of Excellence

Receiving the 2024 EcoVadis Silver Medal in our inaugural ESG reporting year is a testament to TEAM’s dedication and achievements in sustainable practices. EcoVadis, a leading provider of sustainability ratings, evaluated TEAM across four main categories: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement. These categories encompass crucial aspects of corporate responsibility, guiding organizations like TEAM towards responsible business practices.

EcoVadis Medals

 Platinum – Top 1% (99+ percentile)

Gold – Top 5% (95+ percentile)

Silver – Top 15% (85+ percentile)

Bronze – Top 35% (65+ percentile)

 

Breakdown of EcoVadis Main Categories:

  1. Environment: TEAM’s efforts to minimize environmental impact through efficient resource use, waste reduction, and energy conservation.
  2. Labor and Human Rights: Commitment to fair labor practices, diversity, inclusion, and respect for human rights within our workforce and supply chain.
  3. Ethics: Upholding high ethical standards in all business dealings, promoting transparency and accountability.
  4. Sustainable Procurement: Ensuring that our supply chain partners adhere to sustainable practices, fostering a ripple effect of positive impact.

Performance and Comparative Data

TEAM achieved an impressive overall score, placing in the top 15% of companies evaluated by EcoVadis. Our score of 66 out of 100 reflects our strong commitment and effective implementation of sustainable practices. In comparison, many competitors score in the lower to mid-40s or 50s range, positioning TEAM as a leader in sustainability within our industry segment.

Renewed Commitment: Annual Certification

The EcoVadis certification, renewed annually, underscores our unwavering dedication to sustainability. Valid until March 2025, it highlights TEAM’s commitment to ongoing accountability in sustainable practices, with plans to continually elevate our performance score.

Collaboration with ISN, Supplier Assurance and Drive Sustainability

TEAM’s commitment to sustainability is reinforced through strategic partnerships with industry leaders like ISN, Supplier Assurance, and Drive Sustainability. ISN, renowned for its contractor and supplier information management through ISNetworld, provides a platform for sharing best practices and benchmarking performance across industries. This collaboration allows TEAM to leverage industry insights, enhance operational efficiencies, and ensure rigorous assessment and monitoring of contractor and supplier risks.

Supplier Assurance also plays a pivotal role in TEAM’s supply chain traceability efforts. Supplier Assurance enables TEAM to meet stringent human rights and due diligence requirements. By integrating Supplier Assurance’s capabilities, TEAM ensures transparency and ethical sourcing throughout its supply chain, aligning with our commitment to responsible procurement practices.

Drive Sustainability supports TEAM’s sustainability goals by fostering collaboration across the automotive supply chain, promoting the implementation of sustainable practices, and driving innovation in environmental stewardship. This partnership helps TEAM stay at the forefront of sustainable development, ensuring our operations are both socially and environmentally responsible.

Aligning with UN Sustainable Development Goals

The United Nations Sustainable Development Goals (SDGs) provide a detailed roadmap for achieving a better and more sustainable future. These goals are not only aimed at governments and civil society but also present businesses with opportunities to drive positive change. It is crucial for businesses to align their operations and strategies with these goals to help create a more equitable, prosperous, and sustainable world.

TEAM’s sustainability efforts align closely with several United Nations SDGs, reinforcing our contribution to global sustainability efforts:

  1. Goal 5: Gender Equality – Promoting gender equality within our workforce and supply chain.
  2. Goal 8: Decent Work and Economic Growth – Ensuring fair labor practices and fostering economic opportunities through sustainable business practices.
  3. Goal 9: Industry, Innovation, and Infrastructure – Innovating in industrial facility management to reduce environmental impact and enhance efficiency.
  4. Goal 12: Responsible Consumption and Production – Encouraging sustainable consumption patterns and reducing waste across operations.
  5. Goal 13: Climate Action – Mitigating climate change impacts through energy-efficient practices and carbon footprint reduction initiatives.

 

Achieving the 2024 EcoVadis Silver Medal marks a significant milestone in TEAM’s sustainability journey. It not only validates our efforts but also inspires us to continue pushing the boundaries of what is possible in sustainable industrial facility management. As we look ahead, we remain committed to integrating sustainability into every aspect of our business, driving positive change for our stakeholders, the environment, and future generations.

Through innovation, dedication, and a steadfast commitment to our values, TEAM is setting a new standard for sustainability in the facilities services sector, demonstrating that responsible business practices can lead to both environmental stewardship and business success.