Environment & Sustainability
Voith receives award for sustainable manufacturing of special-purpose machinery
March 5, 2020 By P&PC Staff
Voith recently received a silver medal in the category of manufacture of special-purpose machinery in EcoVadis’ sustainability management assessment.
The company was recognized for its equipment for the paper industry.
EcoVadis is internationally acknowledged for its sustainability ratings on global supply chains and has assessed more than 300 companies in 150 countries.
To compose the companies’ scores, the Corporate Social Responsibility (CSR) assessment system examines 21 criteria grouped into four major themes: environment, labour practices & human rights, ethics and sustainable procurement.
In addition to the data and documents shared by participating companies, the audit also collects information and opinions from stakeholders using 360-degree observation screening, which the company says seeks to broaden the assessment of companies’ ethical conduct, as well as their social and environmental management.
The audit process also reviewed more than 100,000 sources, including the media, government, unions, NGOs and other business networks.
EcoVadis’ methodology complies with the ISO 26000 corporate social responsibility standard and is also referenced by international guidelines of the United Nations Global Compact and Global Reporting Initiative (GRI).
Print this page