Vantage Specialty Ingredients (Vantage) has been awarded the Silver rating by EcoVadis for its 2018 Corporate Social Responsibility (CSR) performance. EcoVadis is a leading solution for monitoring sustainability in global supply chains. The rating acknowledges Vantage’s commitment and continual sustainability achievements since it earned a bronze rating in 2015.
EcoVadis assessed Vantage’s company policies, procedures implemented and company practices in terms of its environmental and labour practices, human rights, fair business practices and sustainable procurement issues. The assessment is conducted by EcoVadis’ CSR experts and based responses to a survey, which is adapted to the country(ies) of operation, sector and size using scorecards covering 150 industry categories and 21 CSR criteria. The rating is based on supporting documentation as well as public and stakeholder information.
A responsible and committed company
‘This silver rating places us among the top 30 percent of companies evaluated. It also recognises our efforts and continuous improvement practices as a responsible company, which is committed to sustainable development in the personal care, food and industrial markets we serve,’ comments Nicholas Marinelli, global regulatory and sustainability director for Vantage.
Vantage embarked on a multiyear sustainable development transformation and cultural shift in 2015 and is making tremendous progress. The company has embraced the chemical industry’s Responsible Care guiding principles and applies them across all of its business units. However, this enhanced CSR approach broadens its scope and will make the company even more sustainable and attractive for customers, talents and investors.
The EcoVadis assessment takes place annually. Vantage’s next assessment will take place in September 2019.