EcoVadis, the world’s leading independent rating agency for sustainable development and performance monitoring, has assessed TXO Systems’ Corporate Social Responsibility (CSR) performance and granted TXO the highest award available, an ‘advance gold’ status recognition level.
In the EcoVadis grading system, ‘advanced’ level means that TXO’s strategy is based on a structured CSR approach, quantified commitments, tangible actions on all issues, detailed information on the implementation of actions, CSR reporting and performance indicators.
This excellent result positions TXO Systems in the TOP 1 % of suppliers assessed by EcoVadis within the wholesale of electronic and telecommunications equipment and parts category and within the top 3% of suppliers across all categories, rewarding TXO’s commitment to achieving the highest levels of CSR performance and certifying TXO as a reliable supplier.
“Ensuring sustainability in business is of growing interest to our clients. Companies are under immense pressure from stakeholders to be transparent about their sustainability and CSR practices, and this includes their global supply chains,” said Kieran Crawford, Telecom Services Director at TXO Systems.
“Every year, TXO takes the initiative of being evaluated by EcoVadis and this year’s exciting results once again prove that TXO Systems is the right supplier for our customers. We’re proud of our achievement in earning top recognition from EcoVadis because it confirms not only our commitment to CSR but also to our continued improvement in this area, furthering our overall credibility,” Crawford continued.
EcoVadis aims at helping buyers and suppliers adopt more sustainable practices. EcoVadis assess performance by conducting rigorous analyses of CSR programs in the four areas of the environment, labor practices, fair business practices and sustainable procurement. These assessments serve as a tool in helping companies better understand the sustainability performance of their suppliers and in turn, potentially influence future business decisions. More than 30,000 companies have been assessed by EcoVadis, whose methodology is built on international CSR standards – including the Global Reporting Initiative, the United Nations Global Compact and ISO 26000.
Learn more by visiting EcoVadis.com
About TXO Systems
TXO Systems works with its clients to responsibly and sustainably acquire, redeploy, resell, and recycle technology assets, allowing them to generate revenues, reduce expenses and achieve corporate responsibility objectives. Founded in 2005 and operating on five continents, TXO Systems clients include fixed and mobile operators, leading original equipment manufacturers, large enterprises and a broad range of other channel partners.
View the company’s EcoVadis Advance Gold Rating Certificate for CSR on the certifications & memberships page.