Amplifon Partners with EcoVadis for Supply Chain Sustainability

amplifon
HHTM
July 17, 2024

MILAN, ITALY – Amplifon, a global leader in hearing solutions and services, has adopted the EcoVadis platform to assess and support the continuous improvement of its suppliers’ environmental, social, and governance (ESG) practices. This initiative aligns with Amplifon’s sustainable procurement strategy and its Sustainability Plan, which targets achieving a 100% ESG rating for direct suppliers and 50% for indirect suppliers by 2026.

Using the EcoVadis platform, Amplifon will evaluate its suppliers’ ESG practices, identify areas for improvement, and promote actions to reduce environmental and social impacts. The platform will help identify sustainability “best performers” for collaboration and support small and medium-sized enterprises in their sustainability efforts.

“This initiative is a significant step in integrating sustainability criteria into supplier selection and qualification. The partnership with EcoVadis is essential for accelerating our sustainable procurement program and expanding its scope to involve more strategic partners.”

–Cristian Finotti, Chief Procurement & Supply Chain Officer at Amplifon

Giulia Borsa, Regional Team Leader at EcoVadis, added, “We are pleased to join Amplifon on a journey to raise supplier awareness and engagement on ESG issues. Our platform will provide Amplifon with the necessary tools for a global supply chain impact assessment.”

Amplifon will assess its most strategic and relevant suppliers globally across all its operational geographies. The assessments will extend beyond hearing aid suppliers to include all major players in the company’s value chain, such as those in marketing, IT, retail, logistics, and construction.

The adoption of EcoVadis demonstrates Amplifon’s strong commitment to sustainable procurement practices and highlights the leadership role it aims to assume in the hearing care industry’s supply chain.

About EcoVadis
EcoVadis is dedicated to incorporating sustainability information into business decisions globally. The company provides comprehensive, reliable, and actionable assessments to help companies of all sizes comply with ESG regulations, reduce greenhouse gas emissions, and improve sustainability performance across their operations and value chains in 220 industries and 180 countries. For more information, visit ecovadis.com.

About Amplifon
Amplifon, a global leader in the hearing care retail market, empowers people to rediscover the emotions of sound. With around 20,300 employees worldwide, Amplifon strives to understand the unique needs of every customer, delivering innovative and highly personalized products and services to ensure the best solutions and experiences. The Group operates through a network of approximately 9,700 points of sale in 26 countries across five continents, generating annual revenues of around 2.3 billion euros. More information is available at corporate.amplifon.com.

 

Source: Amplifon

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