Siegwerk has again been awarded the EcoVadis Silver Medal, achieving an overall score of 75 out of 100 points. This performance places Siegwerk in the 94th percentile of all companies assessed by EcoVadis worldwide and in the top 6 percent of companies. The new rating not only reflects Siegwerk’s continuous progress in implementing its sustainability goals, but also the effectiveness of its holistic sustainability agenda HorizonNOW.
With more than 150,000 rated companies in its network, EcoVadis provides a comprehensive analysis of a company’s performance in areas such as environmental impact, labor and human rights, ethics, and sustainable procurement. The methodology used is based on international sustainability standards, including the Global Reporting Initiative, the United Nations Global Compact and ISO 26000, covering 250 industries and more than 185 countries.
Compared to its 2023 EcoVadis rating, Siegwerk has demonstrated a 12-point improvement. The company launched its Sustainable Procurement Program “SustainUP” this summer to bring its established Human Rights Policy & Guiding Principles and Business Partner Code of Conduct commitments into action.
Among other things, the program aims to help reduce the company’s Scope 3 emissions by 25 percent by 2030 and support suppliers to reduce their environmental and human rights risks.
The new initiative is just one pillar of Siegwerk’s broader sustainability agenda HorizonNOW, which integrates climate action, human rights, and circular innovation across the business.
https://boardconvertingnews.com/siegwerk-improves-ecovadis-sustainability-rating/
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