Results
On an assessment scale of 0 to 100 percent, our suppliers had earned an average overall rating of 89 percent for all TfS audits by the end of 2018. At the same point, 62 percent of our key suppliers had achieved a score of at least 45 points or more on their EcoVadis assessments. The average performance rating for all suppliers assessed was 46.9 points.
TfS membership requires WACKER to evaluate its own suppliers in terms of sustainability and to undergo TfS assessments as a supplier itself. We were awarded the Gold Recognition Level in 2017 and 2018. In 2018, WACKER’s rating rose from 65 to 72 points, placing us among the top 3 percent of the highest-scoring companies.
WACKER’s US site in Adrian successfully completed a social responsibility audit during the period under review – reflecting the fact that we are supplementing sustainable stewardship of our resources by strengthening our commitment to ethical, socially responsible business practices. Proceeding according to the SMETA (Sedex Members’ Ethical Trade Audit) process, the auditors investigated issues such as working conditions, occupational health and safety, environmental management and corporate ethics. We make the results of the audit available to interested customers in the Sedex (Supplier Ethical Data Exchange) database, an online platform disclosing a company’s social and ethics-related processes throughout the supply chain.
Criteria of TfS Rating
We use the following criteria for assessing the CSR (corporate social responsibility) achievements of our suppliers:
- Does the supplier have a valid EcoVadis assessment?
- Or does the supplier have a valid TfS audit?
- Is the assessment and/or audit no more than three years old?
The result to do with Sustainability in our annual supplier assesment depends on
- Whether the key supplier shows willing as regards our request for a TfS rating, and on
- The actual result achieved in the TfS rating (EcoVadis assessment and/or TfS audit).
We intend to gradually raise the requirements for a good result over the next few years.
Rating
Requirements
Very good
- A score of over 60 points on a valid EcoVadis assessment (no more than three years old) and not nominated* for a TfS audit.
- or: A score of over 60 points on a valid EcoVadis assessment and a TfS audit with no critical or major findings.
Good
- A score of over 45 points on a valid EcoVadis assessment and not nominated* for a TfS audit.
- or: A score of less than 44 points on a valid EcoVadis assessment and a TfS audit with no critical or major findings.
Satisfactory
- A score between 35 and 44 points on a valid EcoVadis assessment and not nominated* for a TfS audit.
- or: A valid EcoVadis assessment (regardless of score) and a TfS audit (less than one year old) with critical or major findings for which follow-up actions have been initiated.
Adequate
- A score of up to 35 points on a valid EcoVadis assessment and not nominated* for a TfS audit.
- or: A valid EcoVadis assessment (regardless of score) and a TfS audit (one to no more than three years old) with critical or major findings.
Unsatisfactory
- Expired or rejected EcoVadis assessment and not nominated* for a TfS audit.
- or: A valid EcoVadis assessment (regardless of score) and a TfS audit (more than three years old) with critical or major findings for which no follow-up actions have been implemented.
No results
- No EcoVadis assessment, no TfS audit, and not nominated* for either.
* Members of the TfS initiative can nominate a supplier for an audit if it has received a low EcoVadis assessment score, operates in a country in which CSR conditions pose a risk to the supply chain, etc.