With an enhanced score of 77/100, a notable increase from last year, Constant Energy is positioned in the top 3% of the best-performing companies assessed by EcoVadis, placing them in the 97th percentile among EcoVadis-assessed organizations. This accomplishment is indicative of the organization’s dedication to maintaining the highest standards of Environmental, Social, and Governance (ESG) practices and to continuous improvement.
EcoVadis, the world’s largest and most trusted provider of business sustainability ratings, offers a comprehensive assessment of companies’ non-financial management systems, including Environmental, Labor & Human Rights, Ethics, and Sustainable Procurement impacts.
Constant Energy, committed to preventing atmospheric pollutants and providing renewable power to businesses at no extra charge, is stepping up its initiatives in the four main thematic areas assessed by EcoVadis. Some of the key actions taken by Constant Energy include:
Environment:
Endorsement of the UN Principles for Responsible Investment (UN PRI) and compliance with international standards (ISO 14001).
Labor and Human rights:
A comprehensive policy addressing a majority of labor and human rights issues.
Policies on working conditions, employee health & safety, career management & training, and diversity, equity & inclusion.
Quantitative objectives set for employee health & safety, career management & training, and diversity, equity & inclusion.
Ethics:
Measures for gaining stakeholder consent regarding the processing, sharing and retention of confidential information.
Incident response procedure (IRP) to manage breaches of confidential information.
Whistleblower procedure for stakeholders to report corruption and bribery.
Sustainable Procurement:
Actions to advance diversity, equity, and inclusion in the workforce of suppliers.
Regular supplier assessments (e.g., questionnaire) on environmental or social practices.
Training of buyers on social and environmental issues within the supply chain.
Integration of social or environmental clauses into supplier contracts.
Sustainability risk analysis (prior to supplier assessments or audits).
On-site audits of suppliers on environmental or social issues.
Sustainable procurement objectives integrated into buyer performance reviews.
Actions to build capacity and/or incentivize suppliers on sustainability management.
Franck Constant, Chief Executive Officer at Constant Energy, commented:
“We are honored to once again be recognized by EcoVadis and are incredibly proud of this performance, achieved through the united effort of our team. Constant Energy will persist in its mission to support communities, protect the environment, and promote collaboration to achieve a sustainable future. We’ll keep working to improve our sustainability practices and strive for top performance. In line with this, we’re also committed to continually boosting our performance across Asia, especially in Thailand, Vietnam, Malaysia, and our new markets.”
Dussadee Tanjariyanon, HSSE Manager at Constant Energy, commented:
“Our Gold Medal rating from EcoVadis highlights our strong focus on health, safety, security, and environmental (HSSE) standards. This recognition motivates us to pursue excellence and establish higher benchmarks in our sustainability endeavours, thereby guaranteeing that we have a beneficial effect on the environment and our community.”
Looking forward, Constant Energy is committed to further increasing their efforts and pace in providing sustainable world class renewable energy and low-cost power.
[ About EcoVadis ]
EcoVadis stands as the world’s most trusted provider of business sustainability ratings, having built a global network of over 100,000 rated companies. Since its establishment in 2007, EcoVadis has been committed to offering comprehensive and dependable assessments of corporate social responsibility (CSR) performance, with a keen focus on environmental, social, and ethical performance criteria. By harnessing cutting-edge technology and the expertise of a dedicated team of sustainability professionals, the EcoVadis platform delivers clear and actionable scorecards that foster significant improvements across supply chains.
For more information, visit www.ecovadis.com.
[ About Constant Energy ]
Constant Energy is a solar project developer and renewable electricity generation and storage investment platform which invests and manages high-quality power assets in selected countries. Since 1995, Constant Energy management has specialized in the development, non-recourse financing, design, construction, and asset management of private power projects. In 2009, the management co-founded Sonnedix in France, which has become one of the largest solar IPP operating in nine countries. In 2017, the company was successfully sold with 350 MW of operating assets to a fund advised by JP Morgan Asset Management. On ESG performance, Constant Energy is rated with 5 stars by the GRESB Sector Leader Awards Program and rated Gold by Ecovadis.
More information can be found at https://constantenergy.net/
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For inquiries regarding this press release:
Constant Energy
TEL: +66 2 714 2400
E-mail: [email protected]
Website: https://constantenergy.net
