Again, Gold Rating for Evonik
For the fifth time in a row, the sustainability performance of Evonik was assigned with a Gold Rating by the rating agency EcoVadis.
Compared to the previous year, improvements took place in the dimensions “Sustainable Procurement” and “Environment”. With the current rating, Evonik belongs to the best assessed companies not only in the chemical industry but also in all industrial sectors. As a founding member of the “Together for Sustainability” initiative of the chemical industry, Evonik undergoes once a year the “Corporate Responsibility Assessment” of EcoVadis, which is the partner of TfS.
EcoVadis is specialized in assessing the sustainability performance of companies with regard to environmental, labor practices and human rights, health and safety, fair business practices and sustainable procurement issues. TfS aims to improve transparency and sustainability of global supply chains by standardizing the assessments and audits of suppliers worldwide.
Since the launch of the initiative in 2011, TfS is continuously growing and internationalizing. In addition to the founding members Evonik, BASF, Bayer, Henkel, Lanxess and Solvay, today Akzo Nobel, Arkema, Borealis, Brenntag, Clariant, covestro, DSM, DuPont, Eastman, IFF, Merck, Sanofi, Syngenta, UPM and Wacker are members or the initiative.