Redox has earned an EcoVadis Silver Medal Sustainability Rating in the 2023 Sustainability Performance Overview, marking a significant milestone in our sustainability efforts.
Redox has been placed among the top 25 per cent of companies assessed by EcoVadis earning a Silver medal. EcoVadis is the world’s largest and most trusted provider of business sustainability ratings and has built a global network of more than 100,000 rated companies.
This recognition is a testament to our ongoing commitment to the development of responsible business practices and sustainability. Redox will continue to put in place practical environmental initiatives and pursue sustainability in our operations.
Some highlights from the report include:
- Environment score – Redox is in the top 16% of companies rated
- Labour & Human Rights score – the top 26% of companies rated
- Sustainable Procurement score – top 9% of companies rated
- Ethics score – top 21% of companies rated by EcoVadis
The EcoVadis overall score (0-100) reflects the quality of the company’s sustainability management system at the time of the assessment. The EcoVadis sustainability recognition levels are based on the percentile rank of your company’s EcoVadis score and a minimum theme score.
As the world becomes more conscious of environmental and social issues, sustainability has become a critical factor for businesses. In the modern era, companies that fail to prioritise sustainability will likely fall behind their competitors. The pressure is also mounting from consumers and stakeholders who demand greater transparency in sustainability practices.
The sustainability of trading partners is now a crucial aspect of business. It is no longer enough to focus solely on one’s own sustainability efforts; companies must ensure that their partners share their values and practices. This means businesses must take a more comprehensive approach to sustainability by considering the impact on their supply chain.
Corporate Social Responsibility (CSR) has been a focus for Redox as we strive to be responsible business leaders. This ethos extends to how the company conducts business, interacts with stakeholders, and contributes value to society.
By working with EcoVadis, Redox has taken an essential step towards promoting sustainable business practices and contributing to a more sustainable future.
