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Eco Vadis and Sustainable Practices

Company

November 2023

Cultivating Sustainability: How Origin Coffee Traders Adopts EcoVadis Methodology to Foster a More Responsible Future

Origin Coffee Traders has taken a significant step in strengthening its commitment to sustainability by embracing the EcoVadis methodology. This strategic move underscores the company's unwavering dedication to continually improve its environmental and social performance, align its practices with global sustainability standards, and champion responsible business conduct within the coffee import sector. Origin Coffee Traders aligns itself with the EcoVadis standard, ensuring it adheres to and upholds sustainability benchmarks.

EcoVadis operates as a sustainability assessment agency with a distinct focus on evaluating corporate social responsibility (CSR) and environmental sustainability efforts. Using a comprehensive rating framework, EcoVadis assesses companies across various aspects of sustainability, including labour practices, human rights, environmental stewardship, ethical business conduct, and sustainable procurement. This evaluation system not only serves as a valuable tool for companies to gauge their sustainability performance but also allows customers and stakeholders to evaluate the sustainability credentials of their suppliers.

To facilitate this process, EcoVadis offers a suite of web-based collaboration tools, meticulously tailored to meet business needs. These tools empower procurement executives with dynamic scorecards, making it convenient to monitor the sustainability performance of their trading partners. Furthermore, they facilitate the tracking of continuous improvement initiatives aimed at strengthening sustainability practices across the supply chain.

The EcoVadis rating methodology is structured around three key pillars: Policies, Actions, and Results. Within these pillars, EcoVadis employs seven distinct management indicators, each shedding light on different aspects of sustainability management, including Policies (POLI), Endorsements (ENDO), Measures (MESU), Certifications (CERT), Coverage - Deployment of Actions (COVE), Reporting (REPO), and 360° Watch Findings (360).

EcoVadis' evaluation system comprises integral components designed to maintain assessment quality. These include traceability and confidentiality, a process-oriented approach, Quality Check Forms for issue identification, ongoing enhancements through
the Methodology Committee, analyst training, a formal complaint mechanism, and oversight by an external Scientific Committee. Collectively, these elements reinforce EcoVadis' commitment to maintaining rigorous standards and credibility in sustainability
assessments.

To ensure a comprehensive evaluation of a company's true impacts, the assessment framework is tailored to accommodate the unique attributes of each enterprise, considering factors such as industry, scale, and operational locations. While this customization is crucial, EcoVadis also identifies a set of 21 sustainability criteria aligned with international Sustainable Development standards. From this set of criteria, EcoVadis selectively applies those most relevant to the specific circumstances of the company in question.

In essence, Origin Coffee Traders' adoption of the EcoVadis methodology signifies a determined commitment to sustainability and responsible business practices. This move not only propels the company towards enhanced environmental and social performance
but also positions it as a pioneer within the coffee import sector. Ultimately, this embrace of EcoVadis reflects a deep-seated dedication to forging a greener, more responsible future, where Origin Coffee Traders remains devoted to serving not only exceptional coffee but also upholding a sustainable and ethical approach to business.

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Origin Coffee traders acknowledges that we operate, reside, and enjoy this land, which belongs to the Gadigal and Wangal people of the Eora Nation. We express our respect to the elders, both past and present, and honour their enduring relationship with this land for generations to come.