Avantor Celebrates EcoVadis Bronze Medal for Sustainability Success
Avantor's Achievement in Sustainability Recognized by EcoVadis
Avantor, Inc. (NYSE: AVTR) has been honored with a Bronze Medal from EcoVadis, affirming its dedication to business sustainability for the second consecutive year. This recognition reflects the company's unwavering commitment to sustainable practices within the life sciences and advanced technologies sectors.
Understanding EcoVadis Rating
The EcoVadis score awarded to Avantor, which stands at 65, places it among the top 17% of over 130,000 global companies evaluated by EcoVadis. This score represents a significant 15-point enhancement over the company's previous year's performance.
The Framework of Avantor's Sustainability Efforts
The foundation of Avantor’s approach to sustainability is its 'Science for Goodness' platform, which emphasizes four key pillars: People & Culture, Innovation & Environment, Community Engagement, and Governance & Integrity. By focusing on these areas, Avantor aims to deliver long-term value for all stakeholders, including employees, customers, suppliers, and the broader community.
Insights from Leadership
Rachel Kaufman, VP of Global Sustainability and Impact at Avantor, remarked on this achievement, stating, "This accomplishment reflects the tremendous effort by our cross-functional team and our commitment to deliver on our 'Science for Goodness' sustainability platform as we drive long-term value for all Avantor stakeholders." As the field of sustainability continues to evolve, Avantor remains dedicated to collaborating with its partners to explore innovative solutions for a sustainable future.
EcoVadis as a Benchmark for Sustainability
Known globally, EcoVadis provides leading sustainability ratings to businesses, enabling over 130,000 organizations across more than 180 countries to evaluate their performance related to sustainability. The framework for these evaluations incorporates international standards, including the UN Global Compact's Ten Principles and the Global Reporting Initiative (GRI) standards, ensuring that assessments are rigorous and credible.
The Importance of Sustainable Practices
With strong ratings from EcoVadis, companies are positioned to gain deeper insights into their sustainability efforts and identify actionable areas for improvement. This ongoing evaluation not only supports compliance with environmental and ethical standards but also demonstrates social responsibility to stakeholders and customers alike.
About Avantor
Avantor is a prominent life science tools company that provides essential products and services critical to the life sciences and advanced technology sectors. The company partners with its customers throughout every step of their scientific endeavors, contributing to breakthroughs in healthcare and technology. Avantor's products touch virtually all stages of research, development, and production across more than 300,000 client sites in 180 countries. For additional details, the company maintains an informative online presence where individuals can learn more about its offerings.
Contact Information
For media inquiries, Eric Van Zanten, Head of External Communications at Avantor, can be reached at +1 610-529-6219. For investor relations, Christina Jones, Vice President of Investor Relations, is available at +1 805-617-5297.
Frequently Asked Questions
What does Avantor's Bronze Medal from EcoVadis signify?
The Bronze Medal indicates that Avantor ranks in the top 17% of companies evaluated for their sustainability performance by EcoVadis.
How does EcoVadis assess companies?
EcoVadis performs assessments based on international sustainability standards, analyzing companies in areas like Environment, Labor Rights, and Ethics.
What are the four pillars of Avantor's sustainability platform?
The four pillars are People & Culture, Innovation & Environment, Community Engagement, and Governance & Integrity.
Who can be contacted for media inquiries at Avantor?
Eric Van Zanten is the contact for media inquiries at Avantor.
How can companies use EcoVadis ratings?
Companies can use EcoVadis ratings to identify strengths and weaknesses in their sustainability practices and develop improvements.
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