Credit, Collections & Insolvency News
Cerberus Receivables Management (CRM) has announced that it has been recognised by a global sustainability rating scheme, moving up from a silver rating to gold in just 18 months.
The Salford-based specialists in recovery and realisation of receivable assets has built on its invitation to submit to the EcoVadis Sustainability Assessment last year to support banking partners also on a mission to put sustainability and ethics at the heart of their business activities.
CRM successfully completed the assessment on 21 indicators over three main themes, which included environment, labour and human rights, and ethics, to win the EcoVardis Gold Medal.
As part of the accreditation process CRM provided EcoVardis with insight into the firm’s policies around recycling and energy consumption and scored particularly highly again on ethics where policies were described as exceptional. Whistleblower procedures around reporting information security concerns and awareness training to prevent security breaches and corruption were identified as strengths.
CRM was also acknowledged for its labour and human rights policies, which included flexible working arrangements, employee health and safety risk assessments, accommodation of employees with disabilities, regular performance reviews and ongoing provision of skills development training.
Tony Roche, Director at CRM, said “The team has worked hard to implement a number of advanced management changes in the last 18 months to ensure we achieved this Gold rating recognition by EcoVardis.”
“It is great for the business, our people and partners in the professional services community across the UK who share our commitment to taking these measures of responsible business practice very seriously. No work is ever done however and we will continue to make improvements.”