Global investment research firm Third Bridge won a Silver Medal from EcoVadis, a business sustainability rating secretary.
The honor places the firm in the top 15% of the 90,000 companies that EcoVadis rates globally. The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
“In today’s world operating sustainably is only getting more important,” said Emmanuel Tahar, co-founder and CEO of Third Bridge. “This award demonstrates our commitment to doing the right thing and putting ESG at the heart of our business. We are delighted to receive this accolade and I want to say thank you to our ESG council for bringing our sustainability strategy to life.”
Third Bridge works with over 1,000 investment firms including hedge funds, private equity funds and management consultancies to improve decision making.
“We want to lead our industry in measuring our ESG contribution objectively and improving transparency,” Tahar added.
Two years ago, ESG became a formally recognized part of Third Bridge’s business culture. Officials said this impacted everything from hiring, emissions monitoring to volunteering and procurement.
This effort has included signing a pledge for Change the Race Ratio, the creation of our Women at Third Bridge affinity group, signing the UN global Compact for sustainability, and increasing CSR donations by $324,000.
“We are integrating sustainable business practices into all our big decisions and earning this award gives us a yardstick against which to judge our progress,” Philip Vincent, Third Bridge’s global head of organizational design. “Our clients want to work with responsible partners, our colleagues want to be part of a sustainable business and the people we’re hiring place a premium on companies that commit to ESG.”