Core Insights - Sidetrade has achieved significant recognition for its ESG performance, receiving a Gold Medal from EthiFinance with a score of 79/100 and a Silver Medal from EcoVadis with a score of 70/100, placing it among the top 15% globally [1][3]. Group 1: ESG Ratings and Performance - Sidetrade's score from EthiFinance improved from 62/100 in 2023 to 73/100 in 2024, and then to 79/100 in 2025, indicating a consistent upward trajectory in ESG performance [1]. - EcoVadis rated Sidetrade in the "Advanced" category, significantly above industry norms where most companies score between 45 and 60/100 [3]. Group 2: Areas of Strength - EthiFinance highlighted Sidetrade's strong performance in human rights, diversity and inclusion, responsible procurement, and transparency in extra-financial reporting [2]. - EcoVadis recognized Sidetrade's advanced management systems in labor and human rights, ethics, and sustainable procurement, reporting no findings in third-party risk and compliance databases [4]. Group 3: Company Overview - Sidetrade is an AI company focused on enhancing enterprise cash flow, utilizing its agentic AI, Aimie, which has been trained on over $7.7 trillion in B2B transactions [6]. - The company operates in 85 countries and employs 450 people across Europe, North America, and Asia-Pacific [6].
Sidetrade Demonstrates Industry-Leading ESG Performance with EthiFinance Gold and EcoVadis Advanced Rating
Globenewswire·2025-12-08 07:35