IMCD Achieves EcoVadis Platinum Medal Recognizing Sustainability Efforts
IMCD Celebrates EcoVadis Platinum Medal Achievement
In an exciting development for the company, IMCD N.V. has been awarded the prestigious EcoVadis Platinum medal. This recognition signifies that IMCD stands out among the top 1% of companies evaluated globally by EcoVadis for their sustainability practices in recent assessments. The company scored an impressive 84 points, reflecting its commitment to sustainability across various operational areas.
Understanding EcoVadis and Its Importance
EcoVadis is a well-respected organization that assesses the sustainability practices of businesses worldwide. It evaluates companies based on their performance in four key areas: environmental stewardship, labor and human rights, ethical practices, and sustainable procurement. With its robust methodology aligned with global sustainability standards, EcoVadis brings transparency and credibility to corporate sustainability ratings.
Key Highlights from IMCD's Sustainability Assessment
IMCD's performance in this year's EcoVadis evaluation was marked by several outstanding achievements. One significant area of strength was sustainable procurement, where IMCD's structured screening and auditing of suppliers received commendation. This was supported by the company’s membership in the Together for Sustainability (TfS) initiative, which emphasizes responsible sourcing practices.
Commitment to Social Responsibility
Another highlighted area was IMCD's dedication to social responsibility. The company has implemented comprehensive training and development programs, such as Women in Leadership and Rising Leaders. These initiatives not only promote inclusivity but also contribute to enhancing the company’s overall ESG score.
Environmental Initiatives Driving Change
IMCD has made significant strides in environmental sustainability, particularly in its commitment to reducing emissions. The company is focused on aligning its efforts with the Science Based Targets initiative (SBTi), which aims to promote best practices in climate action. Such initiatives underscore IMCD's proactive approach to addressing environmental challenges, showcasing their role as a leader in sustainability within the chemical distribution industry.
Insights from Leadership
Cecile Westerhuis, the Group Director of Sustainability at IMCD, expressed the importance of this recognition: "Receiving the EcoVadis Platinum medal is a meaningful confirmation that our efforts to embed sustainable practices into our daily operations are paying off. It reassures our business partners that IMCD meets ESG standards across all areas of business.” Westerhuis also acknowledged the ongoing journey toward more sustainable practices, emphasizing the company's commitment to supporting its customers in their sustainability journeys while promoting industry-wide initiatives for enhanced data transparency and reduced Scope 3 emissions.
About IMCD N.V.
IMCD N.V. is a prominent global partner specializing in the distribution and formulation of specialty chemicals and ingredients. With its headquarters in Rotterdam, the company employs over 5,100 individuals dedicated to delivering exceptional service through operational excellence. IMCD values its role in the supply chain and is committed to achieving a sustainable future. In 2024, IMCD reported impressive revenues of EUR 4,728 million. The company's shares are traded on Euronext Amsterdam under the symbol IMCD, where it is recognized as part of the Dutch ESG AEX index, reflecting its outstanding ESG practices.
Contact Information
For further inquiries or media information, please reach out to:
Media Contact:
Muriel Werlé
Corporate Communications Director
+31 10 290 86 14
Email: mediarelations@imcdgroup.com
Investor Relations Contact:
Tosca Holtland
Head of Investor Relations
+31 10 290 86 53
Email: ir@imcdgroup.com
Frequently Asked Questions
What is the EcoVadis Platinum medal?
The EcoVadis Platinum medal is awarded to companies that rank in the top 1% of businesses evaluated for sustainability practices by EcoVadis.
How did IMCD achieve this recognition?
IMCD achieved this recognition by scoring 84 points, reflecting strong performance in various sustainability categories including environmental practices and social responsibility.
What areas does EcoVadis evaluate?
EcoVadis evaluates companies based on their efforts in four main areas: environment, labor and human rights, ethics, and sustainable procurement.
How does IMCD support its sustainability journey?
IMCD implements training programs, participates in initiatives like Together for Sustainability, and works on aligning with targets to reduce emissions.
In which markets does IMCD operate?
IMCD operates globally, providing distribution and formulation services for specialty chemicals across various industries.
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