According to the company’s website press release on December 18, 2022, INEOS has received a gold sustainability score from EcoVadis, the world’s most trusted provider of business sustainability ratings.
The overall rating, covering the companies global operations, puts INEOS into the top 8% of companies in the sector demonstrating an advanced management system in terms of environment issues, ethics, labour and human rights, and sustainable procurement.
INEOS scored particularly well on its environmental performance. In this category it was placed it into the top 6% of companies in the sector. This environmental performance rating reflects INEOS' commitment to pursue science-based greenhouse gas emission reduction targets, where INEOS roadmaps to net zero focus on switching to green power and clean fuels, capturing CO2 and switching to recycled or bio-feedstock. INEOS is also committed to reducing plastic waste, as demonstrated in its pledge to a new circular approach to plastics production.
INEOS continues to work together with leading companies along the value chain to explore innovative recycling technologies and new feedstocks to produce new polymers that contain high levels of recycled plastic. The company has set itself challenging targets to reduce plastics going to landfill and returning post-consumer plastics waste into high-quality products by 2025 and 2030.
Greet Van Eetvelde. Global head of Climate, Energy & Innovation at INEOS said, “The gold rating by EcoVadis confirms a strong position in the industry based on our sustainability objectives and performance. It reflects our commitment to continuous improvement as we progress our long-term sustainability goals."
More than 50,000 businesses, across 150 countries and 190 industries work with EcoVadis to drive resilience, sustainable growth and positive impact worldwide.
INEOS’ full sustainability report can be downloaded from here.
Richard Longden (Richard.longden@ineos.com) +41 7996 26123
Andrew McLachlan (andrew@mediazoo.tv) +44 7931 377162
Archit Chopra(archit.chopra@mediazoo.tv) +44 7518 547953
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Published on December 30, 2022 4:28 PM (GMT+8)Last Updated on December 30, 2022 4:28 PM (GMT+8)
