Mi Hub Awarded EcoVadis Gold Sustainability Rating 2024

For the third consecutive year, Mi Hub has been awarded gold medal status, placing Mi Hub in the top 5% of companies who have disclosed.

Mi Hub annually assesses and reports on their ESG (environment, social and governance) performance through EcoVadis, the global leader in business sustainability ratings. In the 2024 rating, Mi Hub earned a Gold medal and scored a 73, which places Mi Hub in the top 5 percent globally. EcoVadis enables us to measure performance, uncover risks and identify where and how we can improve our overall ESG impact.

EcoVadis is the global standard for business sustainability ratings. The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. More than 85,000 companies globally have been rated by EcoVadis.

Mi Hub has demonstrated continual improvement, increasing its overall score to 73 out of 100. The largest area of growth was seen in the environmental section. Mi Hub demonstrated their progress in carbon accounting and reporting, picking up an additional 10 points and achieving a score of 80 out of 100.

The scoring system changed significantly in 2024 with responses being compared to other disclosing companies from within the same sector and within a similar reporting period. 

Mi Hub's ESG strategy for the year ahead details further areas of focus and targets to ensure continual progress and drive forward the group's approach for consistent improvement.

Who are EcoVadis and what do they do?

EcoVadis is the world's largest sustainability ratings provider, with over 100,000 companies rated. They give companies a holistic view of their sustainability performance, enabling them to assess and share their current performance and what they have to do to improve.

EcoVadis helps organisations to manage ESG risk and compliance, meet corporate sustainability goals, and drive impact at scale by guiding the sustainability performance improvement of your company and your value chain. Hundreds of thousands of companies, including Mi Hub Ltd, partner with EcoVadis to collaborate on sustainability with a common platform, universal scorecard, benchmarks and performance improvement tools.