What does the EcoVadis Gold Medal mean?

EcoVadis is a global leader in sustainability ratings, specifically designed for businesses to assess their performance in critical areas regarding environmental, social, and governance (ESG) criteria. The platform has rated over 150.000 companies by now.

EcoVadis’ methodology precisely evaluates company’s policies, actions, and measurable outcomes to provide an in-depth analysis of its ESG performance. Thanks to EcoVadis sustainability ratings, companies can now have an independent and transparent evaluation of their approach to sustainability challenges.

As our CEO, Thomas Petuaud-Letang states: »The EcoVadis Gold Medal places us among the top companies in our industry for sustainability performance. This prestigious recognition validates our commitment to a holistic approach to sustainability. While we have made significant strides in recent years, our sustainability journey is still ongoing. This Gold Medal reflects our dedication to continuous improvement and our role as a strong contributor in the global energy transition, ensuring a sustainable future for generations to come.”

Our achievements

 

With a score of 79 out of 100, Iskraemeco is in the top 2% of companies assessed by EcoVadis in the last year and in the top 1% in our industry. This represents an improvement of 12 points compared to the previous year and shows significant progress in all four assessment categories: Environment and Energy, Labor and Human Rights, Health and Safety, Informational Security, Ethics, Compliance and Sustainable Procurement.

 

EcoVadis score for Iskraemeco

 

The medal is the result of our continuous work in various areas

  • Reducing our carbon footprint

By utilizing renewable energy sources and optimizing our production processes.

  • Energy management

We systematically manage our energy consumption. Invest in energy efficient infrastructure and implement projects to improve energy consumption.

  • Development of climate conscious products

We offer innovative products and solutions with reduced environmental impact throughout their life cycle.

  • Optimizing product’s self-consumption

Enabling smarter energy use for the end-user while alleviating grid load.

  • Increasing transparency in our supply chain

We encourage our suppliers to share our sustainable development values and practices through our supplier portal and evaluations.

  • New policies and guidelines

We have updated existing and adopted new policies and guidelines on topics, such as human rights, ethics, sustainable procurement, equal opportunities and more.

Our Sustainability Specialist, Dalija Delić, confirms that “This excellent rating validates our ability to tackle modern risks and challenges, seize opportunities, and deliver outstanding products, while being a long-term, transparent, and reliable partner for our customers and a responsible employer for our people.”

Why is sustainability important to us?

Sustainability is at the heart of our business. We believe that acting responsibly is the key to long-term success.

The EcoVadis Gold Medal confirms our commitment to:

  • Our customers and partners by being a long-term responsible partner to them.
  • Our employees by being a fair and inclusive employer valuing work-life balance encouraging innovation and personal development.
  • Our environment by minimizing negative and maximizing positive impacts of our business.

In today’s business world, where transparency is increasingly important, the EcoVadis Gold Medal effectively demonstrates our corporate sustainability approach and progress to customers and stakeholders. Building on our achievements, we will continue to improve our sustainability practices.

We are proud of our achievements and know that sustainability is a long-term commitment. Together, we will continue to work to improve our performance and contribute to a more sustainable future.

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