EcoVadis, the world's largest provider of corporate sustainability ratings, has awarded KREAN a gold medal in its recent evaluation. The gold medal is awarded for scoring in the top 5% of the industry and in the top 8% of all companies assessed worldwide.
The EcoVadis evaluation focuses on 21 sustainability criteria that are grouped into four themes: environment, employment practices and human rights, ethics and sustainable procurement. Compared to last year's silver rating, KREAN has made significant progress in integrating sustainability into its strategy, improving safety performance and committed to reducing emissions.
"We make a huge effort every day and we are happy to do so because we believe it is worth it, but achieving this classification, earning the Ecovadis gold medal, is an additional reward. We have been evaluated since 2017 and over the years we have identified and addressed our weaknesses and we have also learned the importance of being able to demonstrate and publicise the fact that we are following sustainable criteria” said Ana Belén de Isla, Director of Transformation and Vanguard of the KREAN Group.
With a score of 73 points out of 100, KREAN is in the 97th percentile, i.e. among the top 2% of companies with the best overall score, and achieves its best rating in employment practices and human rights, where it is among the top 1% of companies in its sector. We have most room for improvement in sustainable procurement, among the top 29% of companies in the sector, while in ethics and the environment we exceeded this significantly, among the top 10% and 2% of companies in the sector, respectively.
The EcoVadis methodology is based on international sustainability standards (Global Reporting Initiative, UN Global Compact, also subscribed to by KREAN, ISO 26000) and is overseen by a scientific CSR committee and supply chain experts to ensure reliable assessments of the Corporate Social Responsibility of third parties. Founded in 2007, EcoVadis has rated more than 100,000 companies in 200 industrial categories in more than 175 countries.