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We are incredibly proud that our merger partner KTP has reached an excellent Platinum rating with EcoVadis! This is a real milestone in the ESG/CSRD efforts for the whole group and for companies working with us and sharing the same sustainability philosophy as we do. The medal awarded reflects the quality of the KTP sustainability management system and puts the company in the top 1% of companies worldwide. This marvelous step is a big milestone in our journey as one group to become thé sustainable partner in the packaging industry.
After undergoing a re-evaluation by the EcoVadis platform, which assesses companies on critical pillars like environment, ethics, labor and human rights, and sustainable procurement, KTP achieved an incredible improvement which earned them a significant leap from the previous bronze rating. This accomplishment places KTP in the top 1% of all companies evaluated globally (approximately 140,000 organizations)!
This is a tremendous achievement and the result of collaboration, hard work and dedication across the entire KTP organization. This success also highlights the fact that Sustainability is, and will always be, a collective effort - one that reflects the strength and values of our entire group.
What is EcoVadis?
EcoVadis is a globally recognized assessment platform that assesses the sustainability of companies based on four key categories: environmental impact, labor and human rights standards, ethics and procurement practices.
What does EcoVadis do?
EcoVadis performs sustainability ratings. For companies that are assessed, EcoVadis ratings provide a detailed assessment of their company‘s sustainability performance.
What are EcoVadis medals?
EcoVadis medals are awarded to companies that have completed the EcoVadis assessment process and demonstrated a relatively strong management system. EcoVadis medals are a recognition of performance relative to other assessed companies in the EcoVadis database.
Medals are awarded to only 35% of companies rated by EcoVadis, based on their percentile rank. The percentile rank is calculated for all companies in all industries, not by industry.
Companies only qualify for a medal if they have received a rating of at least 30 points in all four topics:
• Environment
• Ethics
• Labor & Human Rights
• Sustainable Procurement
More detailed information about EcoVadis can be found via the below button.Info on the KTP ranking can be found on the scorecard in the EcoVadis portal: https://idp.ecovadis-survey.com/
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