Ineos has received a gold sustainability score from EcoVadis, a leading provider of business sustainability ratings. This overall rating puts Ineos in the top 8% of companies in the sector.
EcoVadis evaluates more than 85,000 organisations in over 160 countries and in over 200 industries every year. Based on 21 criteria, the rating assesses a company’s performance in four categories: Environment, Labour and Human Rights, Ethics and Sustainable Procurement.
Ineos scored particularly well on its environmental performance. In this category, it was placed it into the top 6% of companies in the sector - a score that reflects the company’s sustainability commitments, such as switching to green power and clean fuels, capturing CO2 and switching to recycled or bio-feedstock, with as target becoming a net zero company. Ineos is also committed to reducing plastic waste, as demonstrated in its pledge to a new circular approach to plastics production. It collaborates with companies in the value chain to explore the potential offered by different recycling technologies and new feedstocks and has set itself challenging targets. These include reducing the volume of plastics going to landfill as well as developing high-quality products based on post-consumer waste plastic by 2025 and 2030.
“The gold rating by EcoVadis confirms a strong position in the industry based on our sustainability objectives and performance,” Greet Van Eetvelde, Global head of Climate, Energy & Innovation at INEOS. “It reflects our commitment to continuous improvement as we progress our long-term sustainability goals."