Siegwerk has improved its EcoVadis sustainability rating, earning a new ranking in the 94th percentile of all companies assessed.
The company provides printing inks and coatings for packaging applications and labels. It received an EcoVadis Silver Medal, achieving an overall score of 75 out of 100 points, reflecting particularly advanced practices across all criteria.
Siegwerk says its new rating reflects its continuous progress in implementing its sustainability goals and the effectiveness of its holistic sustainability agenda HorizonNow.
With over 150,000 rated companies in its network, independent business sustainability ratings provider EcoVadis offers a comprehensive analysis of a company’s performance in areas such as environmental impact, labor and human rights, ethics, and sustainable procurement. It bases its methodology 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.
The percentile rank compares a company’s score against all companies rated by EcoVadis worldwide. Here, the silver rating starts at the 85th percentile and the gold rating at the 95th percentile.
Alina Marm, head of global sustainability and circular economy at Siegwerk, says, “The great performance in terms of percentile is a powerful testament to the effectiveness of our sustainability efforts across all business areas and regions.
“We have made great progress in the various areas of our sustainability agenda HorizonNow, confirming that we are on the right track on our journey of creating a truly sustainable business.
“With the new score, Siegwerk is now among the top performers of all companies assessed for their sustainability management, making it one of the leaders in sustainable business practices and solutions. We are proud of our achievements and remain committed to further enhancing sustainability across our operations and value chain.”
