Essity Recognized for Exceptional Sustainability Efforts
Essity, a prominent hygiene and health company, has achieved a remarkable milestone by receiving the esteemed Platinum medal from EcoVadis. This award signifies that Essity is among the top 1% of all evaluated companies globally when it comes to sustainability performance. With an exceptional score of 88 out of 100, Essity has demonstrated significant advancements and a steadfast dedication to sustainable business operations.
Understanding the EcoVadis Assessment
The EcoVadis assessment provides a comprehensive analysis of corporate sustainability across over 150,000 companies in 185 countries, spanning a variety of industries. It evaluates performance in four essential categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. In the latest evaluation, Essity earned commendable 'Outstanding' or 'Advanced' ratings in all critical areas, showcasing its strengths in environmental responsibility, ethical standards, and transparent operations.
Commitment to Sustainable Practices
Essity’s sustainability initiatives reflect a deep-rooted commitment to responsible practices, aligned with the United Nations Sustainable Development Goals (SDGs). The company’s strategies and policies are designed not only to display robust governance but also to produce measurable outcomes that positively impact the environment and society. This Platinum recognition from EcoVadis serves as a confirmation of Essity’s ongoing dedication to establishing long-term value for its stakeholders.
Leadership Insights from Essity
Sahil Tesfu, Chief Strategy and Sustainability Officer at Essity, emphasized the significance of this achievement: "Sustainability is at the heart of Essity's strategy and daily operations. This Platinum rating from EcoVadis is a testament to the dedication of our teams worldwide and our ongoing efforts to create long-term value for people, society, and the environment. We are proud to be recognized among the global leaders in sustainable business and remain committed to raising the bar for positive impact throughout our organization as well as our value chain."
Importance of EcoVadis Ratings
EcoVadis is a highly regarded independent provider of sustainability ratings for global value chains. Their assessments, which adhere to international standards, are executed by sustainability experts who rigorously evaluate companies' practices. This results in a scoring system that ranges from 0 to 100, establishing medal levels based on percentile rankings—Bronze, Silver, Gold, and Platinum—and detailing strengths and areas for improvement.
Continuous Engagement with Stakeholders
Essity is committed to sharing its sustainability performance data with its customers and partners globally, fostering an open dialogue about its initiatives and achievements. The company recognizes that collaboration and transparent communication are vital components in achieving greater sustainability impacts.
Frequently Asked Questions
What did Essity achieve from EcoVadis?
Essity received the Platinum medal from EcoVadis, ranking in the top 1% of companies for sustainability performance.
What criteria does EcoVadis evaluate?
EcoVadis assesses companies on Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
Why is sustainability important to Essity?
Sustainability is central to Essity's operations, contributing to long-term value creation for people, society, and the environment.
Who is responsible for sustainability at Essity?
Sahil Tesfu serves as the Chief Strategy and Sustainability Officer at Essity, leading the company's sustainability efforts.
How does EcoVadis rate companies?
EcoVadis provides a score from 0 to 100 and assigns medal levels based on performance percentiles.
