BSA Corporation Limited Achieves EcoVadis Bronze medal with 47-Point Score Improvement

Overview

BSA Corporation Limited partnered with our ESG advisory team to strengthen its sustainability framework and enhance its EcoVadis rating through a structured transformation journey.

Despite initial challenges related to incorrect registration details and assessment scope that did not fully reflect the company’s operational footprint, BSA systematically realigned its approach, strengthened governance and documentation practices, and embedded sustainability considerations across key business functions.

These focused efforts enabled a remarkable score improvement from 23 to 70, culminating in the achievement of an EcoVadis Bronze Medal (82nd percentile). The progress demonstrates strong alignment with global ESG standards within a short timeframe and highlights BSA’s growing commitment to responsible business conduct. This milestone also marks an important step in the company’s ongoing sustainability roadmap as it advances toward higher levels of ESG maturity.

The Challenge

When BSA first initiated the EcoVadis assessment, several structural issues limited its scoring potential:

• Incorrect company size classification in the platform

• Misaligned assessment scope, not fully representing operations

• Limited documentation mapped to the EcoVadis methodology

• Lack of structured evidence for policies and implementation

• These factors resulted in a low baseline score (23) that did not reflect the company’s actual sustainability efforts.

Greenex Environmental’s Approach

We provided end-to-end EcoVadis support, combining strategic corrections with deep on-ground engagement.

To ensure accuracy and practical implementation, our team conducted multiple site visits to thoroughly understand operational realities, identify gaps, and validate existing practices. We also worked in close collaboration with cross-functional teams, including HR, EHS, procurement, compliance, and leadership, to build ownership and ensure alignment across the organization.

Registration & Scope Rectification

• Corrected company size and operational scope

• ealigned questionnaire to the appropriate risk profile

• Ensured accurate representation of business activities

Gap Assessment & Roadmap

• Conducted detailed gap analysis across all four themes

• Prioritized high-impact actions aligned with scoring criteria

Documentation & Evidence Strengthening

• Developed and refined ESG policies

• Structured supporting documents to match EcoVadis expectations

• Built clear proof of implementation and monitoring

Submission & Validation Support

• End-to-end guidance through questionnaire completion

• Evidence review and quality check before submission

The Results

Final Score: 70/100 - Bronze Medal

Theme-wise Performance

• Environment: 71/100

• Labour & Human Rights: 68/100

• Ethics: 72/100

• Sustainable Procurement: 72/100

Percentile: 82nd

This improvement reflects a 47-point increase, positioning BSA well above industry peers and establishing a solid ESG foundation.

Key Impact

• Accurate ESG positioning aligned with company operations

• Stronger governance and documented processes

• Enhanced credibility with customers and global supply chains

• Clear roadmap for achieving Silver/Gold rating

Client Outcome

BSA Corporation Limited now has a structured sustainability management system, improved transparency, and a competitive advantage in ESG-driven markets.

Strategic Partnership Behind the Success

“Achieving the EcoVadis Bronze rating marks an important step in BSA Corporation Limited’s sustainability journey. The process provided us with clear insights into our strengths and improvement areas, enabling us to integrate sustainability more deeply into our operational and strategic decision-making.

This recognition reflects our commitment to responsible growth, ethical practices, and continuous improvement. We see this as the beginning of a long-term roadmap toward higher ESG performance and stronger value creation for our stakeholders.”

— Balasaheb Kadam

CEO, BSA Corporation Limited

“The EcoVadis journey was a significant milestone for BSA Corporation Limited, and the transformation from a baseline score to a strong Bronze rating reflects the collective effort of our teams across functions. The structured approach including on-site assessments, process strengthening, and clear policy frameworks helped us better understand and formalize our sustainability practices.

Beyond the score improvement, the engagement enabled us to embed stronger governance, employee-focused initiatives, and responsible operational practices into our day-to-day processes. This achievement reinforces our commitment to building a transparent, accountable, and future-ready organization.”

— Jayakara Shetty

VP-HR (Corporate), BSA Corporation Limited

“BSA Corporation Limited’s journey from a score of 23 to 70 demonstrates how the right combination of leadership commitment, cross-functional collaboration, and structured ESG implementation can unlock substantial value. Our focus was not only on improving the rating but on building systems that are practical, measurable, and aligned with global standards.

Through close engagement with teams, site visits, and evidence-based improvements, BSA established a strong sustainability foundation that will support continuous progress in the years ahead.”

— Arati Bhosale

Managing Director, Greenex Environmental