EcoVadis and S&P: SPIE in the top 10% in its sector in terms of CSR

Published on 09 November 2022

Cergy, 9 November 2022 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has been awarded the Gold medal in the EcoVadis 2022 ratings for the eighth year running and achieved “advanced” level for its carbon assessment for the first time. SPIE has also improved its S&P CSA level and has now risen to sit among the top 6% in its sector.

EcoVadis, the leading CSR rating platform, based its assessment of SPIE on four pillars: “Environment”, “Labour and Human Rights”, “Ethics” and “Sustainable Procurement”. The Gold medal, awarded for the eighth consecutive year, reflects the Group’s commitments and accomplishments in each of these areas and its ability to maintain excellence in an increasingly demanding business climate.

SPIE also obtained an overall score of 54/100 in Standard & Poor’s Corporate Sustainability Assessment (CSA). This 5-point improvement moves the company up the rankings to sit among the top 6% in its sector.

SPIE – firmly committed to climate action

As a pioneer in reporting on European taxonomy alignment in France, SPIE has set itself the target of performing 50% of its production using activities that make a significant contribution to mitigating climate change in line with the Taxonomy benchmark. In 2021, 42% of its turnover was aligned with this benchmark.

SPIE has also committed to reducing its own carbon footprint in line with a 1.5°C trajectory endorsed by the Science Based Targets initiative (SBTi):

  • The Group is aiming to cut its operational greenhouse gas emissions (scopes 1 and 2) by 25% compared to 2019 values. Shifting the Group’s fleet of vehicles[i] to electric power and lowering the level of energy consumed by its buildings are among the many measures that the Group has already implemented.
  • For scope 3 emissions, most of which result from the products and services it procures, SPIE is aiming to source 67% of its purchases from suppliers who have set ambitious carbon footprint reduction targets, a figure that it intends to reach by 2025. The supplier commitment approach was launched in 2022. This approach is monitored using various tools adapted to each country, including the method adopted by EcoVadis to produce its carbon assessment.

SPIE continues to pursue a stringent CSR policy

SPIE’s CSR policies, actions and results were also assessed. The S&P and EcoVadis ratings analyse, in particular, the approaches taken in terms of governance, business ethics, fiscal transparency, customer relations, risk management, environmental and social performance, the Group’s respect for and promotion of human rights and responsible purchasing. 

Isabelle Lambert, Corporate Social Responsibility Director at SPIE, states: “We are very proud of our EcoVadis and S&P ratings, which show the ambition and consistency of SPIE’s long-term commitment to CSR. Our stakeholders’ increasing expectations on ever wider issues mean that it is becoming more demanding to achieve these ratings each year. We are determined to continue improving in order to maintain this level of excellence.”

[i] Trucks and construction equipment not included.

2022 EcoVadis Certificate
Gold medal in the EcoVadis 2022 ratings for the eighth year running for SPIE