Procurement accelerate sustainable transformation with EcoVadis

In a world where transparency and sustainability performance are essential for customer trust and business success, Colart's Procurement team is taking a significant stride by partnering with EcoVadis, the global leader in supplier sustainability ratings. This collaboration marks a pivotal move toward enhancing Colart's environmental and social responsibility across its supply chain.

Why is This Partnership Strategic for Colart?

Engaging with EcoVadis allows Colart to address several critical sustainability factors, thereby reinforcing its commitment to environmentally sound practices:

• Better Management of Environmental Impact (Scope 3): Through access to reliable and comparable data, Colart can more effectively assess and reduce the environmental impacts within its supply chain, particularly those associated with Scope 3 emissions.
• Strengthen Social Responsibility: The partnership supports Colart in advancing socially responsible practices across its supply chain, ensuring that ethical standards are upheld by all partners and stakeholders involved.
• Identify and Build Sustainable Action Plans: Collaborating with committed and responsible suppliers facilitates the development of actionable and sustainable plans, contributing to long-term environmental stewardship and corporate responsibility.

What This Means for Our Customers:

The benefits of this strategic partnership extend directly to Colart's customers, ensuring that their needs and values are aligned with sustainable and transparent practices:

• Eco-Responsible Product Design: Customers can expect products crafted with a clear focus on eco-responsibility, reducing ecological footprints while maintaining high quality.
• Transparent and Resilient Value Chain: Enhanced transparency and resilience within the value chain reassure customers of Colart's commitment to ethical practices and sustainability.
• Measurable Sustainability Commitments: By establishing a measurable and credible path toward sustainability, Colart strengthens customer trust and drives industry standards forward.

Our Goals:

Colart has set ambitious yet achievable targets to ensure the success of this partnership and its sustainability endeavors:

• By the end of 2025: Evaluate 50% of raw material suppliers, ensuring that half of the materials sourced are from assessed and accountable suppliers.
• By 2026: Engage 85% of direct and 30% of indirect suppliers in the EcoVadis program, fostering a culture of sustainability throughout the supply network.

This partnership is a key milestone in Colart's global Sustainability Roadmap and supports its mission: to inspire every artist every artist in the world whilst ensuring our endeavours are a force for good.

For more insights into what EcoVadis certification entails, check out this informative video: EcoVadis Certification Video .

A huge thank you to Ajita Chamberlain for her invaluable support in this transformative journey and stay tuned for future announcements about upcoming sustainable projects from the Colart Procurement team!

Gregory Malet

Procurement Director