Envalior receives EcoVadis Gold Medal

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Envalior, a global leader in Sustainable & High-Performance Engineering Materials, today announces the successful completion of its first EcoVadis assessment, receiving a Gold Medal award. This milestone comes not long after the publication of the company’s first sustainability report and the launch of its Envalior CARES strategy – reflecting its ongoing commitment to integrated sustainability across all areas of the business and transparently reporting on its progress.

EcoVadis is one of the world’s most widely recognized and trusted sustainability ratings platforms, with more than 150,000 rated companies across more than 185 countries and over 250 industries. Medals are awarded based on a company’s percentile ranking. Companies with scores in the highest 5% of those assessed over the preceding 12 months receive the Gold Medal. Given the breadth and depth of the EcoVadis assessment, it is unusual for a company to be awarded Gold on its first attempt. In addition to this achievement, Envalior’s EcoVadis score was in the top 3% of all companies assessed in its sector.


Achieving Gold with top scores in Environment and Labor & Human Rights

The assessment covers sustainability management performance across a wide range of topics. Companies must provide evidence of their practices across up to 21 sustainability criteria, grouped into four themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. The final score is based on a company’s scores across all four themes. Envalior’s best-performing areas were Environment and Labor & Human Rights.


Commenting on the result, Günter Margraf, Director of Sustainability at Envalior, said, “Third-party sustainability assessments such as EcoVadis are an excellent way to provide greater clarity to our customers and value-chain stakeholders on our sustainability management performance. We are extremely happy with the result and look forward to implementing further improvements as we execute on our Envalior CARES strategy.”

Driving continuous improvement in sustainability management

At Envalior, driving progress in these and other areas comes under the umbrella of the Envalior CARES strategy. This organization-wide sustainability framework is designed to improve transparency, accountability, and performance across key environmental and social focus areas, built on the pillars of Low CArbon, Sustainable REsources, and Social Responsibility.


Greater clarity for customers and stakeholders

Envalior’s EcoVadis score demonstrates its progress on its Envalior CARES pathway, highlighting its approach to integrated sustainability management and transparent reporting. This is particularly relevant given the increasingly complex regulatory landscape for manufacturers and the consequent scrutiny of suppliers.


source :Envalior


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