Ecovadis score rating recognizes Covenant’s commitment to high environmental, social and governance (ESG) standards and makes the company more competitive in the industry
Covenant is proud to announce that it has been recognized for its commitment to environmental, social and governance (ESG) standards with a Bronze Sustainability Rating from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. The coveted rating recognizes Covenant’s commitment and ongoing efforts to:
- Minimize the company's environmental impact while upholding business integrity;
- Promote the professional and personal growth of its employees;
- Bring awareness to their ongoing diversity and inclusion goals and efforts.
The EcoVadis rating is a globally recognized approach, with ratings based on a company's environmental impact including carbon emissions, human rights and labor practices, ethical business conduct, and approach to sustainable procurement. EcoVadis assesses various industries, locations, and company sizes, which helps to contribute to business sustainability on a global scale. To date, EcoVadis has provided ratings on more than 90,000 companies.
The EcoVadis overall score reflects the quality of the company's sustainability management system at the time of the assessment. This year, Covenant scored a 48, putting them within the top 50% of all EcoVadis scores. This award-winning score demonstrates Covenant’s continued commitment to sustainability and ethics, and places them in the top 22% of companies rated by EcoVadis in the Freight transport by road industry. “Covenant’s people are its No. 1 asset, and we are proud to continually invest in their growth and wellbeing. Over the last decade, Covenant has also become increasingly mindful of the impact we have on the environment and have taken bold moves to minimize the impact our core businesses in transportation and warehousing are having on the environment,” said Matt McLelland, VP of Sustainability and Innovation at Covenant Logistics. “The award shows that we are not only committing to making changes, we ARE making the changes. It’s better to do good than to simply be labelled as good. We are honored to have earned this award demonstrating our dedication to making a positive impact on the environment, society and business.”
EcoVadis communicates annual sustainability ratings to end users, which includes customers across industries of consumer goods, industrial manufacturers, retailers, food and beverage, healthcare, and others. It gives these users actionable insights into their environmental, social, and ethical risks when partnering with a service provider. For Covenant, this ranking is highly valuable when bidding on large transportation contracts with top-tier customers that value sustainable operations.
Read more about Covenant’s commitment to sustainability here on the latest CSR Report.