Pinneberg/Germany, November 3rd, 2020 – EcoVadis is an independent assessment platform that helps companies optimize their environmental and social practices. It provides holistic ratings in the area of corporate social responsibility (CSR). Easy-to-use monitoring tools allow companies to manage risks and improve supply chains. The methodology analyzes companies according to the four categories of environment, social responsibility, ethics and supply chain.
More and more customers are placing great importance not only on selecting the most cost-effective supplier, but also on finding a partner in the supplier who is committed to sustainability and social responsibility.
EcoVadis has assessed over 45,000 business partners around the world. This has helped reducing the risks of some of the world’s largest companies, while at the same time making a positive contribution to the environment, promoting transparency and driving innovation.
Large multinational companies are working with EcoVadis, including some of the leading players in the chemical and plastic industry. The aim is to assess and rank companies in terms of defined fundamental values with a view to improving the sustainability of their global supply chain.
In this process, they use their influence as a “positive force” so that companies achieve results that go over and above compliance. The company being evaluated can see how its performance compares with that of its industry. This creates a “race for the top spot” in which entire industries compete against each other to achieve global best practices.
The EcoVadis rating provides a transparent record of success in the implementation of measures in the areas of environmental protection, compliance with labor and human rights, ethics and sustainable procurement.
For ROWA Masterbatch the silver certificate is an incentive to further deepen the commitment to these values.