For the fourth time in a row the rating agency EcoVadis assigned Evonik with a Gold Rating for its sustainability performance.
With its result, Evonik belongs to the best three percent of all companies assessed by EcoVadis. Evonik is a founding member of the chemical industry initiative “Together for Sustainability” (TfS) and therefore regularly subject to the “Corporate Social Responsibility Assessement” of the rating agency. The initiative is seeking to increase transparency and sustainability of the supply chain.
TfS is working together with EcoVadis, an agency specialized on assessing companies with regard to environmental, labor practices and human rights, health and safety, fair business practices and sustainable procurement issues.
TfS aims to improve transparency and sustainability of the global supply chain by standardizing the assessments and audits of suppliers worldwide. Among others, members of TfS are AkzoNobel, BASF, Bayer, DSM, Lanxess, covestro and Henkel.