Sidetrade sets new ESG benchmarks with elevated EthiFinance and EcoVadis ratings
20 März 2025 - 3:13PM
UK Regulatory
Sidetrade sets new ESG benchmarks with elevated EthiFinance and
EcoVadis ratings
Sidetrade,
the global leader in AI-powered Order-to-Cash
applications, has raised the bar in corporate
sustainability, securing a prestigious Platinum medal from
EthiFinance and a Silver medal
from EcoVadis for 2024. These
top-tier accolades underscore Sidetrade’s commitment to responsible
innovation and sustainable business practices.
For the year 2024, Sidetrade achieved an
overall rating of 84/100 from
EthiFinance, the rating agency specializing in
European-listed SMEs. This score places Sidetrade at the highest
level with a Platinum medal with an 8-point increase from
2023. The improvement reflects tangible
progress in reducing environmental impact,
strengthening governance and ethical frameworks, and embedding
sustainability into corporate strategy.
Sidetrade also enhanced its standing with
EcoVadis, the world’s most trusted business sustainability ratings,
with a 70/100 score for 2024 and earning a
Silver medal for the second consecutive year. A key
highlight was Sidetrade’s significant improvement
in environmental performance with
a 10-point jump in this category. This advancement
reflects the company’s targeted sustainability initiatives and
responsible business practices. As a result, Sidetrade ranks among
the top 15% of the highest-performing companies across all
industries, audited by EcoVadis.
Philippe Gangneux, CFO and CSR
Ambassador at Sidetrade commented: "Since 2021, we
have been implementing an ambitious ESG roadmap. Sidetrade's steady
rise in ESG rankings reflects a dynamic approach where economic
performance and positive impact go hand in hand. Today, the results
are significant, and our impact is recognized by EthiFinance and
EcoVadis. These distinctions strengthen our determination to
redefine standards, drive relentless innovation, and embed
sustainability at the core of our business model"
A long-term commitment to
sustainability
Sidetrade’s CSR strategy is structured around
four pillars:
-
Reducing Carbon Footprint: Implementing
initiatives to minimize its environmental impact and align its
actions with the Paris Agreement targets.
-
Fostering Innovation and Inclusion: Promoting
talent diversity and collaborative excellence to drive creativity
and ensure equal opportunities.
-
Digital Security and Ethics: Strengthening data
protection standards and advocating for responsible digital
practices.
-
Integrity and Transparency: Upholding ethical
business practices and exemplary governance.
By the end of the year, Sidetrade will publish
its Bilan Carbone® and 2024 CSR Report.
Learn more about Sidetrade’s CSR
commitments.
Media
relations @Sidetrade
Becca
Parlby
+44 7824 5055
84
bparlby@sidetrade.com
About
Sidetrade
(www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) provides a SaaS platform
designed to revolutionize how cash flow is secured and accelerated.
Leveraging its next-generation AI, nicknamed Aimie, Sidetrade
analyzes $7.2 trillion worth of B2B payment transactions daily in
its Cloud, thereby anticipating customer payment behavior and the
attrition risk of 39.9 million buyers worldwide. Aimie recommends
the best operational strategies, dematerializes and intelligently
automates Order-to-Cash processes to enhance productivity, results
and working capital across organizations.
Sidetrade has a global reach, with 400+ talented employees based in
Europe, the United States and Canada, serving global businesses in
more than 85 countries. Amongst them: Bidcorp, Biffa, Bunzl, Engie,
Inmarsat, KPMG, Lafarge, Manpower, Page, Randstad, Saint-Gobain,
Securitas, Tech Data, UGI, and Veolia.
Sidetrade is a participant of the United Nations Global Compact,
adhering to its principles-based approach to responsible
business.
For further information, visit us at www.sidetrade.com and
follow @Sidetrade on LinkedIn.
In the event of any discrepancy between the French and
English versions of this press release, only the English version is
to be taken into account.
- Sidetrade sets new ESG benchmarks with elevated EthiFinance and
EcoVadis ratings
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