Valmet Achieves Gold Medal in EcoVadis Sustainability Ranking
Valmet Receives EcoVadis Gold Medal for Sustainability
Valmet Oyj has recently been recognized with a Gold Medal in the EcoVadis sustainability assessment, a significant achievement that places the company among the top five percent of evaluated businesses over the last year. This accolade exemplifies Valmet's continued dedication to sustainable practices and responsible supply chain management.
Acknowledgement of Sustainability Efforts
Anu Salonsaari-Posti, Valmet's Senior Vice President of Marketing, Communications, Sustainability, and Corporate Relations, expressed her pride in the recognition. "Being recognized among the top five percent of companies in the EcoVadis assessment continues Valmet's strong track record in sustainability ratings. Our customers prioritize sustainability performance, and this accomplishment reflects the collective effort of Valmeteers globally in implementing our Sustainability 360° Agenda," she stated.
Importance of External Evaluations
Valmet places great emphasis on reporting to third-party sustainability ratings as a means to showcase its ongoing commitment to sustainability. The company has consistently earned high recognition from various external entities, including accolades from the CDP's climate listing and prominent MSCI ESG Ratings.
Understanding EcoVadis and Its Assessment
EcoVadis stands as a leading platform for assessing business sustainability performance. It evaluates a wide array of organizations across four critical categories: environmental impact, labor and human rights, ethics, and sustainable procurement. EcoVadis awards Platinum, Gold, Silver, and Bronze medals based on assessment scores, and evaluates approximately 100,000 companies each year.
Valmet's Commitment to Sustainable Practices
The recognition from EcoVadis aligns with Valmet’s mission. The company aims to lead in providing sustainable solutions for the process industries. With more than 19,000 dedicated professionals worldwide, Valmet collaborates with its customers to enhance their performance and sustainability every day.
Corporate Overview of Valmet
Valmet has an illustrious history, with over 220 years of industry experience focused on continuous improvement and innovation. In the recent fiscal year, Valmet reported net sales approximating EUR 5.5 billion, showcasing the company's financial strength and market relevance.
Global Presence and Future Goals
Valmet operates on a global scale, providing advanced process technologies, automation solutions, and services primarily for the pulp, paper, and energy industries. The company also extends its technology offerings to a broader range of process industries, reinforcing its position as a market leader. Valmet’s head office is located in Espoo, with its shares listed on Nasdaq Helsinki.
Frequently Asked Questions
What is the EcoVadis assessment?
The EcoVadis assessment is a global sustainability evaluation platform that scores businesses based on their environmental impact, labor practices, ethics, and sustainable procurement.
Why did Valmet receive a Gold Medal from EcoVadis?
Valmet earned a Gold Medal due to its outstanding sustainability practices, ranking in the top five percent of companies assessed by EcoVadis.
How does Valmet contribute to sustainability?
Valmet promotes sustainable operations through its Sustainability 360° Agenda, affecting all aspects of its service delivery and product development.
Can customers evaluate Valmet's sustainability performance?
Yes, Valmet reports its sustainability performance to third-party evaluators to assist stakeholders in assessing its sustainability efforts.
Where is Valmet's headquarters located?
Valmet's headquarters is in Espoo, Finland, where it coordinates its extensive global operations.
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