OUR WORK

Accelerate, an impact initiative is a promising solution that aims to address critical social and environmental challenges

What we do

Most of the environmental, social and ethical challenges the world is facing are too big to be solved on an individual company level. Accelerate members aim to overcome this problem by engaging their suppliers in their sustainability rating and improvement journey as a peer group.

How We Do It

Accelerate members use the EcoVadis sector initiative ratings platform to enroll their suppliers in the EcoVadis assessment process. The results of these assessment processes – the scorecards – are shared in a common pool which all current and future Accelerate members have access to. This pool is a private antitrust safe network on the EcoVadis platform and the commercial link between a rated supplier and the requesting member is kept strictly confidential.

The EcoVadis platform also provides actionable sector and members’ view data tools in order to identify the risks and pain point.

The EcoVadis value proposition is to accelerate members’ programs to drive impact at scale, enhanced by collaboration between industry peers, and underpinned by verified data collected through the assessments.

More about Sector Initiatives

How we measure that pooling efforts pays off

10%
10% of EcoVadis enterprise sustainable procurement customers are Sector Initiative members and many more.
30%
Requesting companies in a Sector Initiative have generated over 30% of EcoVadis scorecards.
33%
Over the 5 past years we recorded a 33% higher average Net Conversion Rate (ratio of rated versus invited suppliers) → save effort and resources.
9%
Once assessed, trading partners and suppliers are are more likely to continue demonstrated by a 9% points lower churn rate (suppliers stopping their reassessments).

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What is a Sector Initiative?

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Become a member

Accelerate Initiative membership is open to mobility & vehicle companies that are committed to sustainability and fulfill the Accelerate membership requirements. As part of the application process, each applicant must present their case to the Accelerate Steering Committee. There are two application slots per year.

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