MULTIVAC has been awarded with a silver medal in the sustainability rating by EcoVadis. Sustainability is a fundamental aspect of MULTIVAC’s company strategy: With its durable machines, sustainable manufacturing processes and its own energy generation, as well as its recyclable packaging concepts and commitment to a functioning loop economy in the packaging industry, MULTIVAC makes a significant contribution to improving the eco balance – in its own company, in the sector and with its customers.
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Testament to this is now also provided by certification from EcoVadis, an internationally recognized rating agency for sustainability assessments. This year MULTIVAC was assessed for the first time by EcoVadis and awarded a silver medal. This means that MULTIVAC, the processing and packaging specialist, is among the best 25 percent of companies analysed by EcoVadis.
A transparent picture of the current state of its sustainability performance, as well as potential for possible improvements, are provided by the intensive inspection of the various requirements in the areas of the environment, employment and human rights, company ethics and the sustainable procurement of materials. “As an internationally operating company, we see it as our duty to treat our environment and resources as responsibly as possible,” says Alexander Hauschke, Executive Vice President of Corporate Strategy at MULTIVAC. “When it comes to the environment or employment and human rights in particular, we are far above the average for the sector according to the assessment by EcoVadis. Our aspiration is now to start working on the potential for improvement that has been recognized, as well as continuing to expand the scope of sustainability and further improve our performance.”
Quantifying the sustainability performance of companies in terms of the environment, employment and human rights, as well as company ethics
With its solutions for monitoring sustainability in worldwide supply chains, EcoVadis is among the largest providers of sustainability assessments in the world. It analyses the sustainability performance of companies in the areas of the environment, employment and human rights, as well as company ethics and sustainable procurement. The EcoVadis ratings and scorecards show, how well a company has integrated the principles of sustainability and corporate social responsibility into its business and management systems.
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The methodology is based on international standards for sustainability, including the Global Reporting Initiative and the United Nations Global Compact, as well as ISO 26000, and it takes into account more than 200 purchasing categories and over 175 countries. Up to now the EcoVadis database includes more than 100,000 assessed companies in over 160 countries and 200 sectors.