Sofidel awarded with the EcoVadis Platinum level for sustainability
The Group is among the top 1% of companies in the paper and paperboard industry for corporate social sustainability
18 October 2021, Porcari (Lucca) – Sofidel, one of the leading global groups in the production of paper for hygienic and domestic use, known in Italy and Europe for the Regina brand in particular, has obtained the Platinum award from EcoVadis for its approach to sustainability, which puts Sofidel in the top 1% of rated companies worldwide in the paper and paperboard industry.
Founded in 2007 and now operating in more than 150 countries, EcoVadis is one of the world’s major providers of corporate sustainability ratings. EcoVadis brings together a global network of more than 75,000 rated companies and over 300 multinationals that make use of its platform to monitor sustainability performance.
The risk and sustainability performance assessment conducted by EcoVadis is based on internationally recognised standards – including the Global Reporting Initiative (GRI) and the United Nations Global Compact – and supervised by an international scientific committee. The environment, labour and human rights, ethics and sustainable supply are the four macro-areas that are analysed.
Sofidel obtained above-average assessments among rated companies in all four areas, with a particularly excellent result in the environmental field. This result enabled the Platinum award to be obtained, the top level of the EcoVadis rating.
“For many years, the strategic integration of sustainability has been part of Sofidel’s way of doing business, as well as a willingness to share the results obtained and involve our partners in achieving our sustainability goals. Obtaining the Platinum award from EcoVadis is a source of pride for us and confirms the correctness of a commitment that we intend to develop further,” said Riccardo Balducci, Sofidel’s Energy and Environment Director.
The EcoVadis rating follows Sofidel’s recent recognition as a global leader with its inclusion on the Supplier Engagement Leaderboard 2020 of the Carbon Disclosure Project (CDP) in acknowledgement of its ability to engage suppliers in the fight against climate change.
On the environmental front, Sofidel is committed to reducing the impact of its activities on the natural capital, encouraging the transition to a low-carbon economy oriented towards renewable energies. The Group’s 2030 emission reduction goal, equal to a cut of 40% per ton of paper by 2030 compared to the base year 2018, have been approved by Science Based Targets (SBTi) as consistent with the reduction standards required by the Paris Agreement to limit global warming to well below 2°C.