Alzchem Group AG receives award from EcoVadis for its sustainability successes
Trostberg, 21 April 2022 – Alzchem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, has again successfully passed an independent CSR rating by EcoVadis, the world’s largest provider of sustainability ratings for companies, in 2022 and has improved again compared to 2020. The EcoVadis methodology is based on international sustainability standards (Global Reporting Initiative, United Nations Global Compact, ISO 26000) and guided by a scientific panel of CSR and supply chain experts to provide reliable CSR ratings. Corporate activities are assessed in the areas of environment, labor and human rights, ethics, and sustainable procurement. With 70 out of 100 possible points, Alzchem is among the top 4% of companies worldwide assessed by EcoVadis in the field of basic chemical manufacturing. Among the various ESG topics, Alzchem achieved the highest score for environment and the greatest improvement over 2020 for sustainable procurement. In recognition of its sustainability achievements, the company was once again awarded the Gold Medal, which confirms Alzchem’s responsible approach to people and the environment.
Dr. Georg Weichselbaumer, CSO of Alzchem Group AG: “We are proud to have been awarded the Gold Medal again by EcoVadis. It is particularly pleasing that we were able to further improve by 2 points compared to 2020 despite tighter requirements. This result underlines our ambition to improve continuously – not only in economic terms, but also from an ESG perspective. Only the highest standards in sustainability, in socially as well as ethically correct behavior remain our benchmark in order to give our customers and partners the assurance that we are a responsible and trustworthy partner also in these matters.”