Brenntag gets reaffirmation of its Gold status in EcoVadis Sustainability/CSR Rating
Brenntag (WKN A1DAHH), the global market leader in chemical distribution, has once again been awarded the Gold medal for its sustainability management in the sustainability/CSR assessment of the independent international rating agency EcoVadis.
Steve Holland, Chief Executive Officer Brenntag Group: “As the global number one in chemical distribution and as a sustainable company, we are aiming to contribute towards greater sustainability across our industry, and to make our own sustainability performance transparent. These again good and above average rating results confirm our efforts in continuously enhancing our sustainability strategy and performance.”
EcoVadis makes companies’ activities in the field of sustainability comparable and measurable. The agency evaluates their performance in terms of four categories: environment, labour and human rights, ethics, and sustainable procurement.
Since its first EcoVadis assessment in 2014, Brenntag has continuously improved its scoring and achieved the Gold recognition status in 2016. With its current score, Brenntag is among the top 1% of all the companies rated in the industrial sector in which EcoVadis categorizes the company.
In addition to the EcoVadis self-assessment and within the scope of its membership in the “Together for Sustainability” (TfS) chemical industry initiative, Brenntag requires a certain number of its suppliers to undergo EcoVadis sustainability assessments every year. The company thereby achieves greater transparency in relation to its suppliers’ sustainability performance and is able to better consider sustainability issues of environmental protection and safety, labour and social standards as well as compliance and governance in its purchasing decisions.
Dirk Eckert, Sustainability Manager Brenntag Group: “Both our excellent rating and our TfS membership distinguish Brenntag from our competitors and will benefit us in particular among those customers and suppliers that take sustainability aspects into consideration when choosing their business partners – and their number is continuously increasing. Sustainability has become a fundamental issue in the chemical industry’s supply chain.”