EcoVadis updates: companies prolong sustainability ratings

The past few days have seen announcements from various companies that have successfully prolonged their EcoVadis sustainability ratings.
Orion Engineered Carbons reported that it had once again received a Gold medal rating from the sustainability ratings provider. The company improved its score from the previous year, moving up from 72 to 77 points, to just one point away from receiving a Platinum medal rating. The company is now in the 99^th percentile of companies assessed by EcoVadis.
“The way Orion was able to jump five points in one year and reach the top 1% of companies shows how the many improvements we have made can add up to a big change,” Orion CEO Corning Painter said. “We are so close to Platinum now and will continue to strive for that goal as we deliver sustainable solutions to our customers.

For global packaging expert Mondi, however, that goal has long since been achieved.  The company announced that it had successfully maintained its Platinum status in EcoVadis’ Corporate Social Responsibility ratings - for the seventh consecutive year. The rating places Mondi among the top 1% of global companies assessed.
According to Gladys Naylor, Mondi Group’s head of sustainable development, EcoVadis is particularly useful to support engagement with customers who request access to the company’s disclosures.
“Being again rated among the top 1% of companies globally recognises our continuous efforts to embed sustainability principles more deeply throughout our organisation and our value chain,” she said.

A third announcement came from Teijin Aramid, a company that joined the EcoVadis programme in 2015. This year, once again, the company - a subsidiary of the Teijin Group  - achieved gold status in the sustainability assessment. For this company, too, it is the seventh year in a row that it has earned a place in the top 2% of sustainable manufacturers of man-made fibres.

"Sustainability is at the heart of our organisation, and this is what we do,” said Peter ter Horst, CEO of Teijin Aramid. “Of course, we aim to improve the sustainability of our customers through our products and solutions, but we also look at our own processes and operations to ensure we accomplish the best possible standards."

EcoVadis is a recognised business sustainability ratings organisation covering 200+ industry categories, 175 countries, and more than 100,000 companies worldwide. Every year the organisation assesses companies’ performance in terms of how well they have integrated the principles of sustainability into their businesses and management systems. The methodology is built on international sustainability standards, including the Global Reporting Initiative, United Nations Global Compact, and ISO 26000, and covers 21 indicators in four key areas: environment, labour and human rights, ethics, and sustainable procurement.