Suominen achieves a silver level rating in its first-ever EcoVadis assessment for its sustainability work
Suominen has been awarded a silver level rating from the EcoVadis assessment. This was the first time that the company completed the EcoVadis assessment and received a rating. Suominen received 63/100 points, which is only three points from reaching the next, gold level. This result places Suominen in the top 8% of companies in the manufacture of other textiles industry rated by EcoVadis.
EcoVadis is a global leading corporate social responsibility rating provider. The EcoVadis assessment rates corporate sustainability on four themes: environment, labor & human rights, ethics, and sustainable procurement. Its methodology is based on internationally recognized principles and standards such as Global Reporting Initiative (GRI), UN Global Compact, and ISO 26000.
Based on the assessment, the performance on labor & human rights, ethics and sustainable procurement issues was found to be on a good level and environmental performance on an advanced level. According to EcoVadis, Suominen demonstrates an advanced management system on environmental issues.
"Reaching a silver level in our first assessment is a result of systematic work across the company and an example of great teamwork. Sustainability really is at the core of both our strategy and all daily operations. We use these results to further improve our corporate social responsibility and sustainability work and we aim to reach the gold level next time,” says Emilia Peltola, Vice President, Communications & IR.