Nellson Nutraceutical Achieves EcoVadis Silver Medal for Sustainability
Nellson Nutraceutical Achieves EcoVadis Silver Medal
Nellson Nutraceutical LLC, North America's prominent manufacturer in outsourced nutritional bars and functional powders, has reached a significant milestone in its sustainability journey. The company has proudly received a silver medal from EcoVadis, placing it in the top 15 percent of over 130,000 evaluated companies across various industries.
Sustainability Commitment and Recognition
The recognition from EcoVadis is a testament to Nellson Nutraceutical's unwavering commitment to environmental, social, and governance (ESG) principles. Jean Fillion, the company's Chief Executive Officer (CEO), emphasized the importance of maintaining high standards, stating, "Our clients trust us to be the custodian of their brand, and with that responsibility comes a commitment to uphold integrity and quality in all facets of our operations. We are excited about our progress and the impact it has on our community and environment."
Achievements in ESG Performance
Nellson accomplished all its internal ESG benchmarks, which allowed the company to secure this esteemed recognition. Specifically, Nellson ranked in the top 9% of the manufacturing sector for other food products, reflecting its dedication to sustainability across its operations.
A Focus on Labor and Human Rights
Highlighting labor rights and environmental efforts, Nellson scored impressively in EcoVadis assessments, achieving a score of 70 in both categories. Ray Collins, Chief Human Resource Officer at Nellson, noted, "This score is a validation of our continuous journey to create a workplace where all employees feel valued and respected, with opportunities for personal and professional growth. This achievement is a testament to our entire workforce, demonstrating the principles that guide us daily."
Key Sustainability Initiatives
Among its key initiatives, Nellson has implemented various strategies aimed at enhancing its sustainability practices:
- Efforts to manage energy consumption and minimize overall emissions.
- Enhanced recycling programs across facilities.
- Innovative technologies to reduce water usage.
- Commitment to operating Eastern facilities completely powered by renewable energy.
- Successful completion of SMETA 4 pillar labor and human rights audits at all operational sites.
- Focus on continuous improvement in employee safety measures.
- Investment in a variety of training programs aimed at employee development.
- Policies aimed at elevating employee engagement and satisfaction.
The Importance of EcoVadis Assessments
EcoVadis serves as a global benchmark for sustainability ratings, evaluating companies based on their commitment to a responsible business model. The assessment covers 21 criteria across four core themes: environmental efforts, labor and human rights, ethics, and sustainable procurement. This comprehensive evaluation aids in identifying areas for improvement and ensuring companies meet global sustainability standards.
About Nellson Nutraceutical LLC
Nellson Nutraceutical LLC stands out as North America's leading manufacturer of outsourced nutritional bars and functional powders, boasting over 50 years of diversified industry experience. The company excels in providing technical capabilities, quality assurance, flexible production, along with research and development, and marketing support for nutritional brands and select retailers in the wellness, weight management, functional, and sports nutrition markets.
About Kohlberg & Company
Kohlberg & Company is a foremost private equity firm in the U.S., managing approximately $15 billion in assets. Located in Mount Kisco, New York, Kohlberg has demonstrated a strong investment history, completing numerous platform investments and add-on acquisitions, totaling over $46 billion in aggregate transaction value. Its strategic investments focus on leading middle-market companies in targeted sectors.
Frequently Asked Questions
What is the EcoVadis Silver Medal?
The EcoVadis Silver Medal is awarded to companies that meet certain sustainability criteria, ranking them among the top performers in their respective industries regarding environmental, social, and governance practices.
What did Nellson Nutraceutical achieve recently?
Nellson Nutraceutical recently achieved the EcoVadis Silver Medal for its exceptional sustainability initiatives and commitment to ESG principles.
How does Nellson Nutraceutical support its employees?
Nellson invests in its workforce through various training programs, establishing policies that boost employee engagement and focusing on safety and human rights.
Why is sustainability important for companies?
Sustainability helps companies reduce their environmental impact, enhance their brand reputation, and meet growing consumer demand for responsible business practices.
What sectors does Kohlberg & Company invest in?
Kohlberg invests primarily in leading middle-market businesses across a range of sectors, guided by a thesis-driven strategy targeting high-potential industries.
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