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EcoVadis: 80% of Tier 1 Suppliers Have No Process for Managing Sustainability Risks in Their Own Supply Chains

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Ratings Data Highlights Strong Supplier Progress on Climate Action and Human Rights, but Capability Gaps Prevent This From Cascading Deeper Into the Supply Chain

PARIS and NEW YORK, July 1, 2026 /PRNewswire/ — Companies in tier 1 supply chains are making progress on climate goals and human rights inside their own operations. Move one tier deeper into the supply chain and that progress stalls.

Four out of five (80%) companies rated by EcoVadis have no documented process for identifying or managing sustainability risks within their own supply chains. Seventy-three percent have no Scope 3 upstream emissions reporting and 77% have no downstream tracking. Only 2% have an external grievance mechanism that workers deeper in the supply chain can actually use to flag human rights violations. There is also a transparency bottleneck, with fewer than 1% reporting granular, decision-grade sustainability data to buyer organizations.

These figures come from the 10th edition of the EcoVadis Sustainability Ratings Index, drawn from nearly 200,000 scorecards of the more than 100,000 companies rated globally between 2021 and 2025. The data captures the performance of these – typically tier 1 suppliers within the network of 1,400+ leading multinationals and buyers using the EcoVadis platform. It highlights that, while rated companies are spending on sustainability, they are not yet tracking it through their own supply chain.

Indeed, companies are making real progress on sustainability inside their own operations. Climate is a focus area, with 46% of rated suppliers purchasing or generating renewable energy and 38% running climate training for employees. However, 78% of rated companies have no science-based carbon reduction targets.

Environmental scores saw the largest gain of any theme evaluated, rising 9.6 points on average over four years. The share of companies reaching Advanced+ status (scores of 65 or above on the EcoVadis 0-100 scoring scale) more than doubled from 17% in 2021 to 38% in 2025. Rated companies are performing best on the Labor & Human Rights theme, with an average global score of 59.5. Eighty percent have formal DEI policies and 78% have employee health and safety policies in place.

Procurement practices tell a different story with verification of supplier performance remaining concentrated on paperwork. Forty-two percent of companies still rely on unverified supplier questionnaires, and just 46% require suppliers to sign a sustainability code of conduct. Only 20% conduct on-site audits, a number that has barely moved in four years.

Companies attempting to use AI tools are confronted with a similar data-readiness hurdle. According to the companion EcoVadis Barometer 2026 report, 68% of corporate buyers have deployed AI tools in their sustainable procurement programs, with carbon data validation cited as a top application by 62% of those buyers. However, the supply base is largely unequipped to support these systems: 30% of suppliers provide no carbon data and 26% supply only aggregated estimates.

“Organizations have built sophisticated tools to analyze supplier sustainability data. The suppliers either don’t have that data or can’t report it in a form the tools can use,” said Sylvain Guyoton, Chief Rating Officer at EcoVadis. “Better software does not close that gap. The measurement problem lives in the supply base itself, and closing it requires sustained engagement over time: structured assessment, scored performance, and documented follow-through.”

But much of this supplier capability gap can be closed with targeted engagement and a roadmap for improvement. Across sizes and sectors, companies with multiple EcoVadis ratings outperform those rated for the first time by 12 points on average, 63.2 versus 51.5. This means more suppliers improving their sustainability practices and reporting decision-grade data up the chain.

“Companies willing to treat supplier engagement as an ongoing process, rather than a one-time compliance exercise, close the distance between what they intend and what they can actually verify,” added Guyoton.

About the EcoVadis Sustainability Ratings Index

The tenth edition of the EcoVadis Sustainability Ratings Index covers anonymized ratings data from companies assessed on the EcoVadis platform during the 2021-2025 calendar years. All scores are reported on the EcoVadis 0-100 scale, evaluating management systems across seven key indicators spanning Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.

For more information and to download the full report, visit ecovadis.com/insights/index-2026. 

ABOUT ECOVADIS

EcoVadis is a purpose-led business embedding sustainability intelligence into decisions across global supply chains. Its ratings, risk, carbon, e-learning, and worker voice solutions equip organizations to understand supplier performance, manage regulatory and operational risk, drive greenhouse gas emissions reductions, and build more resilient value chains. In 2024, EcoVadis acquired Ulula, a specialized worker voice platform, expanding its capabilities for human rights due diligence and direct worker insight. More than 175,000 businesses across 250 industries and 185 countries use EcoVadis, including Johnson & Johnson, L’Oréal, Unilever, Bridgestone, BASF, and JPMorgan.

Learn more at ecovadis.com and LinkedIn.

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SOURCE EcoVadis

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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October 19, 2026

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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56 minutes ago

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October 19, 2026

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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56 minutes ago

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October 19, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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